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.


10167 Hwy 27
$549,900
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8 rental units located on 300 Ft. of meandering, ideal river frontage on this scenic waterway. All units are in good repair with excellent rental history. New Boiler System in 2012. Newer 2-car garage included.

Property Details Make Inquiry
  • Listing Number (MLS): 845050
  • Square Footage: 1800
  • County: Sawyer
  • Taxes: $4,116.64
  • 300 ft on Namekagon River
  • Agent: Ty Wiley
  • Listed by: Area North Realty Inc
Area North Realty Inc

10167 Hwy 27
$379,000
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5 rental units located on 190 Ft. of meandering , ideal river frontage on this scenic waterway. All units are in good repair with excellent rental history. New boiler system installed in 2012. Newer 2-car garage included. 3 additional rental units available.

Property Details Make Inquiry
  • Listing Number (MLS): 818792
  • Square Footage: 1800
Area North Realty Inc

8776 Fawn TRL
$290,000
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Looking for some extra income? Now available is this 4-plex condo unit located on the beautiful Chippewa Flowage! Unit #9 of Fawn Cove Condominium features 4 units with excellent rental history. Units can be rented out year round with each unit having 1 bedroom, bath, kitchen, and living area. Two units come with an extra bath and 2 of the units feature lake views. Each unit shares in the common elements, 6 acres and 300' of lake frontage. This is a rare opportunity. Call today!

Property Details Make Inquiry
  • Listing Number (MLS): 1529316
  • Square Footage: 2128
  • County: Sawyer
  • Taxes: $2,525.12
  • 300 ft on Chippewa Flowage
  • Agent: Ty Wiley
  • Listed by: Area North Realty Inc
Area North Realty Inc

7986 Barker Lake RD
$294,500
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Multi-use property for corporate retreat or family compound! Property has been occasionally rented in the past, but currently used as home & lodging for family & business associates. Many recent updates. Awesome fishing on this lake laden with wildlife. Lots of space, storage & privacy in this peaceful retreat in a wonderful all around recreational area. Near trails, golfing, & minutes to Hayward, Park Falls or Ladysmith . Must see to appreciate this compound!

Property Details Make Inquiry
  • Listing Number (MLS): 903796
  • Square Footage: 5064
  • County: Sawyer
  • Taxes: $2,985.02
  • 483 ft on Hunter Lake
Listing courtesy of: Northwest Wisconsin Realty Team, LLC

Call (715) 634-3522 for more information

15807 Laura DR
$289,000
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This is an excellent opportunity to own a rental or live in half and rent out the other side. The Building is of newer 2X6 construction, HD insulation, 2 baths plus utility room all on one floor. Great location near stores, theater etc. Priced at the price of a home. a double two car garage, blacktop drive. This home was built for energy saving .

Property Details Make Inquiry
  • Listing Number (MLS): 1533338
  • Square Footage: 2016
  • County: Sawyer
  • Taxes: $2,354.02
Listing courtesy of: Boncler Realty Inc

Call (715) 634-3522 for more information

4538 Hwy G
$279,900
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Privately located 3bdr/3ba Log Sided Home in shipshape condition on 4+ wooded acres w/315'ftg on Chippewa River. Riverside sunroom, CA, main floor bdr. suite, spa tub. Finished lower level as well as a 2bdr guesthouse with all the amenities!! And 2 addl. garages all wired; 1w/workshop & addl storage. Asphalt drive & 50 year metal roofs on all buildings! Located near ATV/Snow Trails, golfing, dining & only 30 min. to Ladysmith, Hayward, or Park Falls. Impeccably maintained. Income potential here!

Property Details Make Inquiry
  • Listing Number (MLS): 1520129
  • Square Footage: 2788
  • County: Sawyer
  • Taxes: $3,558.79
  • 315 ft on Chippewa River
Listing courtesy of: Northwest Wisconsin Realty Team, LLC

Call (715) 634-3522 for more information

10520 Florida AVE
$239,000
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Great investment opportunity with this 4-Plex rental building in the City of Hayward. Excellent location. Across the street from the walking trail, close to downtown, area schools and the hospital. All units have 100 amp circuit breaker panels and are on city water and sewer. Three of four have been updated. Newer windows; roof on main building and garage updated in late 2015. Tenants pay their own electric use and garbage. Current tenants are long term and yearly leases.

Property Details Make Inquiry
  • Listing Number (MLS): 1533483
  • Square Footage: 3000
  • County: Sawyer
  • Taxes: $3,099.48
Listing courtesy of: Woodland Developments & Realty

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: $1,191.73
Listing courtesy of: Northwest Wisconsin Realty Team, LLC

Call (715) 634-3522 for more information

10623 Hayward CT
$189,000
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Great investment opportunity! Property consists of two fully remodeled houses. One 3 bedroom, 2 bathroom house and a 2 bedroom, 1 bath house. Located in town close to stores, walking trails, & downtown. Larger home has a big open concept kitchen and living area with stainless steel appliances. Large yard and patio area off the back. Smaller home has all new flooring, new light fixtures, solid core doors and much more. Both homes have new electrical. Live in one house and rent the other or rent out both for great income potential.

Property Details Make Inquiry
  • Listing Number (MLS): 1528456
  • Square Footage: 1856
  • County: Sawyer
  • Taxes: $2,520.33
Listing courtesy of: Woodland Developments & Realty

Call (715) 634-3522 for more information

24 4th ST
$169,900
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Great investment property! House features 2 bedrooms and a bath, with open concept living room and kitchen. The detached 2 car garage has a 1 bed 1 bath apartment above. Property also includes a detached sauna, and both units have their own laundry.

Property Details Make Inquiry
  • Listing Number (MLS): 1525839
  • Square Footage: 1984
  • County: Bayfield
  • Taxes: $3,468.57
Listing courtesy of: CB East West/Iron River

Call (715) 634-3522 for more information

105 Birch AVE
$159,900
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Multiplex with five rental units in a great location in Birchwood. Main building had a new roof installed just a couple of years ago. Second building has a one bedroom rental plus an office space currently used as a real estate/accounting office. This has a very good rental history and cash flow record. Great investment!!! See this unit now!!

Property Details Make Inquiry
  • Listing Number (MLS): 1531023
  • Square Footage: 6400
  • County: Washburn
  • Taxes: $2,883.00
Listing courtesy of: CB Brenizer/Rice Lake

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: $1,657.00
Listing courtesy of: Edina Realty, Inc. - Hayward

Call (715) 634-3522 for more information

53475 Barnes RD
$85,000
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Newly remodeled duplex with outside entrance to upper unit. Newer appliances included. Updated electrical and plumbing; drilled well; radiant baseboard hot water heat; separate hot water boilers for each unit. Lower unit has washer & dryer. Investment opportunity. Some furnishings included

Property Details Make Inquiry
  • Listing Number (MLS): 1529160
  • Square Footage: 1716
  • County: Bayfield
  • Taxes: $424.29
Listing courtesy of: King Realty

Call (715) 634-3522 for more information

13710 Peterson RD
$62,900
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Super affordable duplex out in the country on a great 2.5 acre lot. Lot has 3 apple trees, blackberry vines, a fire pit, open space and mature trees. This is currently occupied by tenants. 2 units, each with one bedroom and one bathroom. The garage is currently shared as storage space. Tenants pay for LP, landlord pays electric (one meter) an garbage. At this price, live in one unit and rent the other for the payment. Unit A has a cat--do not let it out at showings! Great rental history.

Property Details Make Inquiry
  • Listing Number (MLS): 1534990
  • Square Footage: 960
  • County: Sawyer
  • Taxes: $406.00
Listing courtesy of: Boncler Realty Inc

Call (715) 634-3522 for more information

4481 State Hwy 27
$44,900
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This is the investment opportunity you have been waiting for! Two unit duplex close to the Tuscobia snowmobile and ATV trail and within walking distance to the Chippewa River. Continue renting out both units or keep one or both for yourself as your vacation property. Fish, hunt or ride the trails. The recreation opportunities are endless. Each unit has one bedroom and bath. Total rental income is $1,200/mo. Current owner pays for heat, tenants are responsible for their own electric.

Property Details Make Inquiry
  • Listing Number (MLS): 1526216
  • Square Footage: 1500
  • County: Sawyer
  • Taxes: $328.35
Listing courtesy of: Biller Realty

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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