Rare opportunity offering multiple living spaces, rental income potential & exceptional garage/shop space on 2.58 spacious, wooded acres! This unique property includes a 3BR/1BA main home with attached 2-car garage, an impressive 48'x60' 2-story detached garage/shop, a separate 1BR/1BA cabin & a 2-story upper/lower duplex with 2BR/1BA in each unit. Live in the main home while generating income from the additional units, create a private family compound with separate living spaces, or explore the potential of using the entire property as an investment. Enjoy a peaceful, private Northwoods setting surrounded by woods with plenty of room to spread out, yet remain conveniently close to Eagle River for shopping, dining, groceries, services & everyday necessities. Access to the Eagle River Chain of Lakes is also nearby, along with abundant year-round recreation. The main home features new vinyl flooring, new stove & refrigerator, metal roof, full walkout unfinished basement & new furnace/central A/C in 2023. The cabin & each duplex unit are approx. 480 sq ft. Current rents are $775/mo for the cabin, $950/mo upper duplex & $850/mo lower duplex, with heat & snowplowing included. The cabin has a new furnace plus new basement furnace in 2025. The substantial 2,880 sq ft detached garage/shop is partially heated, offering tremendous space for vehicles, boats, recreational toys, equipment, hobbies, storage or potential additional rental income. Set along a paved town road, this hard-to-find property combines the space & privacy of wooded acreage with convenient access to town, nearby lakes & endless Northwoods recreation. Multiple residences, abundant garage/shop space & numerous possibilities make this an exceptionally versatile property!
Single-familyProperty Type
2.58 acresLot Size
$538Price/Sq.Ft.
2 car garageParking
Listed by RENEE & CHAD RASMUSSEN TEAM• REDMAN REALTY GROUP, LLC
NINE MILE RD. FOURPLEX - Great investment opportunity!! This compound could be used as a family retreat, rentals, or your business. Sitting on 2.58 acres in a beautiful, wooded country setting. All of the buildings are in good condition: The 3BR home has a new metal roof, full basement with a walkout, and a attached 2 car garage; the1BR, year-round cabin also has a basement; and upper and lower 2 bedroom 1 bath duplex units; and a 48' x 62' garage/workshop/storage building with heat and water, and the exterior stalls will allow for more storage or boat rentals (currently it is renting for only $200/month). The financials are outstanding with 97% occupancy rate, a total gross rental income of $40,800, net income of $27,096, and 8.5 cap rate! Close to the Eagle River Chain of Lakes and many other boating and fishing opportunities, national forest lands are just down the road for the outdoor enthusiast to enjoy. It is only 9 minutes to Eagle River.
GNMLS #195773
Apr 11, 2022
Listed
$319,000
$369/sq ft
Public Records
Oct 2, 2017
Sold
$159,500
$185/sq ft
GNMLS #156283
Sep 29, 2017
Sold
$159,900
$185/sq ft
Mar 23, 2016
Listed
$187,500
$217/sq ft
GNMLS #71494
Nov 10, 2006
Listed
$365,000
$422/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,843 (+10.9%)
$29,800 + $277,400
$307,200
2024
$1,663 (−15.4%)
$29,800 + $277,400
$307,200
2023
$1,967 (−19.2%)
$29,800 + $277,400
$307,200
2022
$2,434 (+3.2%)
$44,200 + $184,900
$229,100
2021
$2,359 (+2.5%)
$44,200 + $184,900
$229,100
2020
$2,301 (−0.3%)
$44,200 + $184,900
$229,100
2019
$2,308 (+8.3%)
$44,200 + $184,900
$229,100
2018
$2,131 (−0.5%)
$44,200 + $184,900
$229,100
2017
$2,141 (−2.5%)
$44,200 + $184,900
$229,100
2016
$2,195 (+7.5%)
$44,200 + $184,900
$229,100
2014
$2,042 (−12.0%)
$44,200 + $184,900
$229,100
2013
$2,319
$44,200 + $184,900
$229,100
Public record
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Lot size
2.58 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Vilas County
APN
26-2770
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Jul 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 93° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Eagle River, WI • 54521
Average low and high temperatures (°F)
18
3
27
8
40
20
50
30
65
40
73
53
78
57
74
54
72
49
59
38
40
27
25
12
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 3.1 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3160 Nine Mile Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $230,000 and $550,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $550K.