Merrill WI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
WIREX_CWBR22405494

ADDITIONAL INFORMATION

Location, location, location! This duplex is located on the Eastside of Merrill in a desirable area. The home features two bedrooms and one bathroom in each unit. There are two furnaces, two water heaters, separate meters, and a shared laundry room in the basement that includes a washer and dryer for each unit. There is an unheated storage space in the main entry way and to top it all off this duplex also has a three car detached garage. This property has been well maintained and has a partially fenced yard. The lower unit is tenant occupied and the upper unit is vacant and ready for occupancy upon closing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
WIREX_CWBR22405336

ADDITIONAL INFORMATION

Investors and owner occupant buyers take note! 4-bedroom house with 2 car garage on a total of 4.59 acres with 6-unit apartment building. 7 sources of income potential. All apartments include a garage, sewer and water. Heat and hot water are currently included in the rent but each unit has its own gas meter for options of tenant paying for heat. The home includes a two-car garage which includes heat, water, septic - all tenant pays electric. Property is located in the town of Pine River, Lincoln County, on a paved county road between Wausau & Merrill. House roof was new in 2016 and the apartment building roof was new in 2021. The apartment building has 7 bedrooms (one unit is a two bedroom, the others are one bedroom units) and 6 bathrooms and the house has 4 bedrooms and 2 bathrooms providing a total of 11 bedrooms and 8 bathrooms. LP Tanks (3 of them) are rented from Ferrel Gas. Gas Meters are in place if the new owner wants to convert to tenant-paid fuel. Additional information and rent rolls available from listing agent or on associated documents.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
WIREX_CWBR22405009

ADDITIONAL INFORMATION

Investor alert! This duplex has fire damage and will need extensive repairs but if you are looking for a project with lots of value add this might be right for you. Seller is selling as is and will not make any repairs. Unitshad good rental history prior to the fire with separate electrical and gas.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
WIREX_CWBR22404474

ADDITIONAL INFORMATION

1 story duplex located in Merrill. Front unit has 3 Bedrooms and 1 Bathroom, back unit has 1 Bedroom with a bathroom. Some updates have been done over the past years. Detached 3 car garage. This one wont last long!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
WIREX_CWBR22403623

ADDITIONAL INFORMATION

3 bedroom main level apartment with large kitchen and basement access. 2 bedroom upper level apartment has large attic/storage area with interior stairway. Newer vinyl plank flooring in most rooms. Separate heat, electric, and water. Parking off the alley to the rear of the home. Enclosed front porch. Nice and roomy keeps long term tenants.,Main level unit is on a lease through 8/31/2024. Upper level is month to month.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
WIREX_CWBR22231336

ADDITIONAL INFORMATION

This Duplex has over 2000 finished sq. feet! Main floor has 3 bedrooms and around 1244 sq feet of living space, formal dining area, enclosed porch and a deck. Upper unit has 1 bedroom but has 798 sq feet of living space. Upper unit also has been updated the past year to include newer flooring, paining, updating in bathrooms and living room. 2 car detached garage and 80x152 city lot. Good rents with long term tenants in place.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
WIREX_CWBR22231317

ADDITIONAL INFORMATION

Well kept and long term tenants in this charming well taken care of home. One of the tenants has been living here for over 45 years! Both units have 2 bedrooms, 1 bathroom. Separate gas forced air furnaces, 2 Hot water heaters, separate electricity. Lower unit has central air and a front porch. Attached 2+ car garage. Great investment property with long term tenants in place!

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Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Merrill Real Estate

The median home value in Merrill, WI is $250,000. This is higher than the county median home value of $179,300. The national median home value is $338,100. The average price of homes sold in Merrill, WI is $250,000. Approximately 57.14% of Merrill homes are owned, compared to 35.75% rented, while 7.11% are vacant. Merrill real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merrill real estate agent to arrange a tour today!

Merrill, Wisconsin has a population of 9,344. Merrill is less family-centric than the surrounding county with 23.11% of the households containing married families with children. The county average for households married with children is 23.51%.

The median household income in Merrill, Wisconsin is $46,973. The median household income for the surrounding county is $61,363 compared to the national median of $69,021. The median age of people living in Merrill is 44.1 years.

Merrill Weather

The average high temperature in July is 79.1 degrees, with an average low temperature in January of 3.2 degrees. The average rainfall is approximately 32.3 inches per year, with 55.1 inches of snow per year.

Merrill Real Estate Market Conditions

  • Median sales price

    $250,000
    17.1% change since last quarter
  • # Active listings

    95
    30-day change

Merrill Schools and Demographics

Education near Merrill, WI

Metric City County
High School Graduates 93.81 92.63
College Degree - 2 year 9.7 12
College Degree - 4 year 14.09 18.75
Graduate Degree 3.85 4.48
Expenditures per Student 13,391 13,391
Students per Teacher 14 14

Elementary Schools near Merrill, WI

School Grades Students P/T Ratio ZIP
A C Kiefer Educational Center PK - KG 387 45.1 54401
Athens Elementary School PK - 05 131 12.8 54411
Franklin Elementary School KG - 05 324 11.8 54403
G D Jones Elementary School PK - 05 321 12.9 54401
Grant Elementary School KG - 05 234 11.7 54401
Hawthorn Hills Elementary School KG - 05 260 10.2 54403
Hewitt-Texas Elementary School PK - 05 146 17.8 54403
Jefferson Elementary School KG - 05 270 12.9 54452
John Marshall Elementary School PK - 05 387 15.6 54403
Kate Goodrich Elementary School KG - 05 380 11.9 54452
Lincoln Elementary School KG - 05 283 11.6 54401
Maine Elementary School KG - 05 245 14.9 54401
Maple Grove School KG - 05 91 14.3 54411
Pine River School for Young Learners (Prsyl) PK - PK 204 38 54452
Rib Mountain Elementary School PK - 05 275 18 54401
Riverview Elementary School PK - 05 455 15.8 54403
South Mountain Elementary School PK - 05 256 15 54401
Stettin Elementary School KG - 05 312 16.7 54401
Thomas Jefferson Elementary School KG - 05 398 11.5 54401
Washington Elementary School KG - 05 320 12.8 54452
Wausau Area Montessori Charter School KG - 06 96 18 54403

Middle Schools near Merrill, WI

School Grades Students P/T Ratio ZIP
Athens Middle School 06 - 08 79 10.8 54411
John Muir Middle School 06 - 09 958 14.2 54401
Prairie River Middle School 06 - 08 568 13.6 54452

High Schools near Merrill, WI

School Grades Students P/T Ratio ZIP
Athens High School 09 - 12 197 14.6 54411
East High School 09 - 12 1,020 16.4 54403
Merrill High School 09 - 12 884 17.3 54452
Wausau Engineering and Global Leadership Academy 09 - 12 70 13.8 54403
West High School 09 - 12 1,358 16 54401

Ungraded Schools near Merrill, WI

School Grades Students P/T Ratio ZIP
* Copper Lake School 07 - 12 32 11.3 54442
* Merrill Adult Diploma Academy 10 - 12 22 6 54452
Bridges Virtual Academy PK - 12 692 96.8 54452
Enrich Excel Achieve Learning Academy 06 - 12 80 11.5 54403
Horace Mann Middle School 06 - 10 763 13.1 54403
Lincoln Hills School 06 - 12 234 12.6 54442
Wausau Area Virtual Education UG - UG 0 54403

Demographics near Merrill, WI

Metric City County
Neighborhood Type Small town
Population 9,344 28,378
Population Density 1,268 32
Median Age 44.1 48
People per Household 2.2 2.3
Median Household Income 46,973 61,363
Average Income per Capita 27,701 32,283