2196 18 1/2 Avenue

$395,000 – Rice Lake, WI

MLS#: 1592668

Active

Prime investment opportunity! This well-maintained duplex is completely rental-ready, with one unit recently updated while both offer lake views and direct access to Lake Montanis boat landing. This property offers unmatched convenience and recreational appeal, attracting high-demand tenants. Each unit includes a private 2-car garage. Newer roof and siding! Possible option for a assumable loan for a good portion of the purchase at first lien position, at an interest rate lower than market, for qualified buyer. Units are mirror layouts of each other. Don’t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex. Both units currently rented. Left unit vacant on 08/01/2025.

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County:	Barron
School:	Rice Lake Area
Beds:	3
Baths F/H:	2/0
Abv Grd:	1,816 sq. ft.
Blw Grd:	1,426 sq. ft.
Year Built:	2007
Age:	18 Years

Style:	1
Type:	Mixed Use
Garage:	4 Car Car
Lot Size:	370 x 150
Acres:	1.19
Taxes:	$4,339
Tax Year:	2024

Property Features

Basement: Daylight, Full, Partially Finished
Cooling: Wall Units, Wall Window Units
Electric: Circuit Breakers
Fireplace: N
Foundation: Poured
Heating: Baseboard, Radiant Floor, Radiant
Sewer Service: Septic Tank
Zoning: Residential, Residential-Duplex, Shoreline

Room Properties

Room	Size	Level
Living Room	14 x 15	MAIN
Dining Room	11 x 13	MAIN
Kitchen	12 x 12	MAIN
Bedroom #1	12 x 10	LOWER
Bedroom #2	12 x 13	LOWER
Bedroom #3	12 x 12	MAIN
Bathroom #1	11 x 5	LOWER
Bathroom #2	11 x 5	MAIN
Family Room	12 x 19	LOWER
Laundry Room	15 x 10	LOWER

Includes
Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener

Excludes
Sellers Personal, Tenants Personal

Directions
From Main Street (Hwy SS) in Rice Lake, WI: Turn Right (East) Onto E. Orchard Beach Lane & straight (2nd right) through the round about. After a short drive, turn right onto 21 1/2 Street. This turns into 18 1/2 Ave. Property will be on the right.

Legal
Gl 1-5 that prt of gl 1 shown as pcl 1 csm 3/70 #259 doc 358583 aka lot 1 of unrecorded plat of anderson shores lc vendor dahl living trust doc 895962

Listing Agent
Joshua Amys

Listing Agency
Keller Williams Realty Diversified

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Additional Information

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