1107 3rd Ave, Park Falls, WI
$299,000
About 1107 3rd Ave
Prime Park Falls Investment Opportunity — Well-established multifamily property in the heart of downtown Park Falls. This fully occupied four-unit offering features stable, long-term tenants and excellent proximity to local retailers, restaurants, and services. Unit mix includes one 2-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath. Property highlights include an on-site laundry area, indoor parking available for tenants at an additional monthly fee, and ample exterior parking. Included are three parcels — one being a 0.3-acre buildable vacant lot to the south, offering extraordinary potential for future expansion, storage buildings, garages, or additional rental units. Excellent cash-flow asset with development upside in a growing community.
Features of 1107 3rd Ave
| MLS® # | 214930 |
|---|---|
| Price | $299,000 |
| Acres | 0.00 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1107 3rd Ave |
|---|---|
| City | Park Falls |
| County | Price |
| State | WI |
| Zip Code | 54552 |
Amenities
| Utilities | High Speed Internet Connected, Phone Available |
|---|---|
| Features | Level |
| Parking | Garage, Driveway, Paved, Private, Shared Driveway |
| Garages | Garage, Driveway, Paved, Private, Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Mixed |
|---|---|
| Interior Features | Storage |
| Heating | Electric, Natural Gas |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Vinyl Siding, Wood Siding |
|---|---|
| Lot Description | Level |
| Roof | Composition, Shingle |
| Construction | Vinyl Siding, Wood Siding |
Additional Information
| Date Listed | November 3rd, 2025 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $5,325 |
| Tax Year | 2024 |
| Agent | Stephanie Wotachek |
| Office | REDMAN REALTY GROUP, LLC |
Listing Details
| Office | REDMAN REALTY GROUP, LLC |
|---|