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Unique opportunity in a great location just outside of Rhinelander. This well-cared-for fourplex offers 287 feet of frontage on the Rhinelander Chain of Lakes, combining a solid income property with full-rec waterfront. The property includes four identical 2-bedroom, 1-bath units, each updated in 2021. A metal roof and vinyl siding help keep exterior maintenance simple, and one unit is currently vacant and available to show. Each unit has its own deck or patio, dedicated garage space, and access to piers along the waterfront. The location is convenient to Rhinelander while offering tenants the appeal of living right on the water, with boating access to the Rhinelander Chain. At $699,000, this is an unusual opportunity to own a well-maintained four-unit property with substantial frontage, tenant amenities, and genuine waterfront value.

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Nearest Landvest Office

Tomahawk, WI

Tomahawk, WI

715-966-0241
1621 N. 4th Street,
Tomahawk, WI 54487
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 "Based on information submitted to Greater Northwoods MLS as of September 23, 2026 11:46 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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