Income Properties


Multi Family / Income Properties / Rental Units

Whether it’s a duplex or apartment building, income properties in the Hayward, Wisconsin can provide you a steady source of monthly income for the owner while building equity at the same time.


10608 Belille ST
$300,000
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Easy cash flow, fully leased, turn-key investment consisting of a 7 unit apartment building (five 2 bedrooms and two 1 bedroom) as well as a separate 14 unit storage building. Solid buildings with good mechanicals.

Property Details Make Inquiry
  • Listing Number (MLS): 1549218
  • Square Footage: 4418
Area North Realty Inc

12 3rd ST
$836,000
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Great performing 17-unit apartment building adjacent to Memorial Park. Well located with off-street parking, coin laundry, and many updates! Priced at an 8.5% Cap!

Property Details Make Inquiry
  • Listing Number (MLS): 1548592
  • Square Footage: 9080
  • County: Bayfield
  • Taxes: $6,036.53
Listing courtesy of: C21 Affiliated

Call (715) 634-3522 for more information

14479 Antoine CIR
$324,900

First Time On Market !! 8 one bedroom apartments in a well maintained one level building located in Gordon WI. Each apartment includes well appointed kitchen, large living room, full bath with shower over tub and large bedroom. Property is in very good condition and features a furnished residents gathering room and separate laundry room. The building is nestled in a well landscaped 1.53 AC country setting with blacktop drive and parking lot.

Property Details Make Inquiry
  • Listing Number (MLS): 1549554
  • Square Footage: 6220
  • County: Douglas
  • Taxes: $0.00
Listing courtesy of: Feather Real Estate Group~Rice Lake

Call (715) 634-3522 for more information

5220 County Highway W ST
$229,900
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Corporate Retreat or rental income; with 5 updated neat & clean self contained cabins. Direct access to Tuscobia State Recreational ATV Trail. Each unit has year round occupancy and sleeps 4-6- with own heat, AC, WiFi, cable, private bath, & many other amenities.. There are BBQ grills, picnic tables, firepit & kids play area. Located mere minutes to the Chippewa Flowage Landing, many area lakes, Hayward, National Forest, Golf Courses & many fine area eating & drinking establishments.

Property Details Make Inquiry
  • Listing Number (MLS): 1517478
  • Square Footage: 2300
  • County: Sawyer
  • Taxes: $1,262.52
Listing courtesy of: Northwest Wisconsin Realty Team, LLC

Call (715) 634-3522 for more information

705 Main ST
$190,000
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Three apartment units and one commercial/retail space. The rental units of this building have views of the Chequamegon Bay as well as easy access less than a block away to a pedestrian underpass that immediately brings you out to the shores of Lake Superior. Renters have loved the great location on Main Street in Ashland as well as the close proximity to the Chequamegon Co-op, Black Cat Coffee, Ashland Baking Company & Deep Water Grille. The Ashland Farmers Market is located on Main Street right in front of the building. This is an ideal location in the heart of Ashland!

Property Details Make Inquiry
  • Listing Number (MLS): 1549688
  • Square Footage: 3500
  • County: Ashland
  • Taxes: $1,737.48
  • Superior Lake
Listing courtesy of: Woodland Developments & Realty

Call (715) 634-3522 for more information

717 22nd AVE
$139,900

Here is a great opportunity with this property. Very nice sized units with three bedrooms in each unit. There is an opportunity for the east unit to be two. Note there are an upper and lower kitchen and bath in the right hand unit Natural gas heat for efficiency and a two car detached garage for an added benifit.

Property Details Make Inquiry
  • Listing Number (MLS): 1548944
  • Square Footage: 4552
  • County: Douglas
  • Taxes: $1,836.12
Listing courtesy of: Lakeplace.com/Birchwood

Call (715) 634-3522 for more information

15734 2nd ST
$125,000
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Great opportunity to own a two unit duplex in the City of Hayward. Both units are currently rented and have a solid rental history. Improvements include: furnace, water heater, roof, siding and some windows. Each unit has 2 bedrooms and 2 baths. The lower unit has a covered/screened front porch and laundry hook-up. Partial basement for utilities only. Located on a corner lot with a large yard and just blocks from downtown Main Street. Garage will be torn down when weather permits.

Property Details Make Inquiry
  • Listing Number (MLS): 1528076
  • Square Footage: 1747
  • County: Sawyer
  • Taxes: $1,714.46
Listing courtesy of: Edina Realty, Inc. - Hayward

Call (715) 634-3522 for more information

1224 Faxon ST
$119,900

Side by side two story duplex with great income potential in a convenient central location. Fixer upper priced to sell. Live on one side while rent from the other pays the mortgage! Units are mirror images of living room, dining room, kitchen, and laundry downstairs. With 2 good size bedrooms, full bathroom and bonus room currently being used as bedrooms. Each unit is approximately 1,490 sq ft. Shared front entry porch, separate back entrances. Off street parking.

Property Details Make Inquiry
  • Listing Number (MLS): 1549526
  • Square Footage: 2980
  • County: Douglas
  • Taxes: $2,718.27
Listing courtesy of: Edina Realty, Inc. - Spooner

Call (715) 634-3522 for more information


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Information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Sold price derived from transfer tax shown on deed, other factors may influence actual sale price. Data relating to real estate on this web site comes in part from the Internet Data Exchange program of the NWW MLS. Real Estate listings held by brokerage firms other than Area North Realty indicate as such. Information provided by seller, listing broker and other parties may not have been verified. Data is updated several times per 24 hours. Some properties on this web site may have sold and may no longer be available.


An income property is property bought or developed to earn income through renting, leasing or price appreciation. An income property can be residential or commercial. Residential income properties are commonly referred to as non-owner occupied. A mortgage for a non-owner occupied property may carry a higher interest rate than an owner occupied mortgage as it is often viewed by lenders as a higher risk.

Investing in real estate for income requires a broad range of considerations. Interest rates and the housing market environment are top considerations for real estate investors. Location, rent levels and the potential for return are usually also leading concerns for a investor seeking to buy and rent a property for income.

An income property can be a good investment for a variety of reasons. It offers an alternative to standard market investments in stock equity and company bonds. Additionally, it offers an investor the security of real property with many investment diversification benefits.


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Area North Realty Income Properties