For sale

Price cut: $2.5K (6/11)

$1,220,000

N5275 County Rd E, Pine River, WI 54965

7beds

4,335sqft

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Multi Family

Built in 1965

-- sqft lot

$-- Zestimate^®

$281/sqft

$-- HOA

What's special

Here is a beauty to add to your Investment Portfolio. The 'School Apartments' is a 12 unit totally remodeled multi-family property. Some appealing features from the 'school days' remain, such as the gym, kitchen, offices, playground equipment, etc. which makes for nice amenities for the tenants. All of the units have been professionally engineered & are very nice. There is a variety of bedroom numbers & square footage for each unit. Long term tenants & lengthy leases already in place. All this on 20 Acres which allows for additional opportunities. There's a state-of-the-art security system & completely updated fire safety system. There are 2 separate laundry rooms, both with coin-op machines. All appliances are included for each unit. Limited interior photos for the privacy of the tenants. The list of Rents/Leases are posted under Documents. Rent amounts vary from $750/month to $1150/month.

13 days

76

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Heating

Propane, Other, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)

Cooling

Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)
Laundry: Common Area

Features

Family/Rec Room (Unit 1), Eat In Kitchen (Unit 1), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 3), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 4), Eat In Kitchen (Unit 4)
Basement: None

Interior area

Total structure area: 4,335
Total interior livable area: 4,335 sqft

Property

Parking

Total spaces: 30
Parking features: 2 spaces, Outside
Details: Outside

Features

Levels: One

Lot

Size: 20 Acres

Details

Parcel number: 030035110100
Zoning: Comm/Ag

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1965

Utilities & green energy

Sewer: Non-Municipal/Prvt dispos
Water: Well
Utilities for property: Separate elec meters

Community & HOA

Community

Security: Security System

Location

Region: Pine River

Financial & listing details

Price per square foot: $281/sqft
Tax assessed value: $1,112,450
Annual tax amount: $13,805
Date on market: 6/5/2026
Inclusions: 12 refrigerators, 12 stoves, 5 dishwashers, 4 washers, 4 dryers
Exclusions: Personal property of sellers and tenants.
Total actual rent: 38400

Scott Schroeder

(608) 617-2727

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Estimated market value

Not available

Estimated sales range

Not available

$925/mo

Price history

Date	Event	Price
6/11/2026	Price change	$1,220,000-0.2%$281/sqft
Source: SCWMLS #2001635 Report a problem
5/11/2026	Price change	$1,222,500-0.2%$282/sqft
Source: WIREX MLS #2001635 Report a problem
4/29/2026	Price change	$1,225,000-0.2%$283/sqft
Source: WIREX MLS #2001635 Report a problem
4/13/2026	Price change	$1,227,500-0.2%$283/sqft
Source: WIREX MLS #2001635 Report a problem
3/30/2026	Price change	$1,229,900-0.2%$284/sqft
Source: WIREX MLS #2001635 Report a problem
2/25/2026	Price change	$1,232,500-0.2%$284/sqft
Source: WIREX MLS #2001635 Report a problem
2/3/2026	Price change	$1,235,000-0.4%$285/sqft
Source: WIREX MLS #2001635 Report a problem
1/5/2026	Price change	$1,240,000-0.4%$286/sqft
Source: WIREX MLS #2001635 Report a problem
12/4/2025	Price change	$1,245,000-0.2%$287/sqft
Source: WIREX MLS #2001635 Report a problem
11/20/2025	Price change	$1,247,500-0.2%$288/sqft
Source: WIREX MLS #2001635 Report a problem
10/9/2025	Price change	$1,250,000-3.9%$288/sqft
Source: WIREX MLS #2001635 Report a problem
9/25/2025	Price change	$1,301,000-0.1%$300/sqft
Source: WIREX MLS #2001635 Report a problem
9/9/2025	Price change	$1,302,000-0.1%$300/sqft
Source: WIREX MLS #2001635 Report a problem
8/6/2025	Price change	$1,303,000-0.1%$301/sqft
Source: WIREX MLS #2001635 Report a problem
7/12/2025	Price change	$1,304,000-0.1%$301/sqft
Source: WIREX MLS #2001635 Report a problem
6/7/2025	Listed for sale	$1,305,000$301/sqft
Source: WIREX MLS #2001635 Report a problem

Public tax history

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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