Date
Details
Price
Change
Source
6/03/2026
Listed
$579,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$579,900
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Property Description
Exceptional investment opportunity at the northern tip of Door County Peninsula in Gills Rock! This turnkey, 4-unit short-term rental property boasts a proven track record with $79,000 in gross revenue for 2025. Designed for ultimate flexibility, the units can be rented individually or together as a whole, effortlessly accommodating varying guest counts across a total of 5 bedrooms and 5 full baths. The prime location is a water-lover's dream, situated just 500 feet from Mariners Park at Gills Rock only minutes from the Garret Bay launch for non-motorized watercraft. Offering incredible versatility, strong numbers, and an unbeatable location, this is the addition you portfolio has been waiting for. Complete list of local amenities and rental history available upon request.
Full Property Details
Full Property Details for 12647 State Hwy 42
General
- Price: $579,900
- Taxes: $3,436
- Status: Active
- Type: Multi-Family
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50326640
- Updated: 6/3/2026
- Added to Site: 41 day(s) ago
Parking
- Parking Features: Outside
Location
- Municipality: Liberty Grove
- County: Door
- Driving Directions: State Highway 42 North to 12647 State Highway 42 on the left.
School Information
- School District: Gibraltar Area
Heating & Cooling
- Heating Fuel: Electric, LP Gas
- Heating/Cooling: Central Air Conditioning, Forced Air
Utilities
- Water/Sewer: Well, Private Septic System, Mound System
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Crawlspace, Full, Poured Concrete
- Square Feet: 3,302
- Square Feet Range: 3001 to 3500
- Sq. Ft. Source: Assessor/Public Record
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 2054
- Bedrooms: 2
Unit 2
- Square Feet: 672
- Bedrooms: 1
- Primary Bedroom: 10 x 11
- Living Room: 13 x 11,
- Kitchen: 19 x 10,
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.52
- Lot Size Range: .5 to .99 Acre
- Lot Size Source: Assessor/Public Record
- Zoning: Commercial
- Lot Description: Level
Financial Considerations
- Tax Amount: $3,436
Listed by Coldwell Banker Real Estate Group
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— 12647 State Hwy 42 —
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NMLS#: 1598647
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Schools
Schools serving 12647 State Hwy 42
School District:Gibraltar Area School District
| Name | Grades | Distance |
|---|---|---|
Gibraltar Elementary School 3924 Wisconsin 42, Fish Creek, WI 54212 | PK-5 | 15 mi |
Gibraltar Middle School 3924 Wisconsin 42, Fish Creek, WI 54212 | 6-8 | 15 mi |
Gibraltar High School 3924 Wisconsin 42, Fish Creek, WI 54212 | 9-12 | 15 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12647 State Hwy 42
Tax History
Tax History for 12647 State Hwy 42
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,730
2%
$475,800
—
2024
$3,661
9%
$475,800
20%
2023
$3,361
-13%
$395,400
17%
2022
$3,864
8%
$339,200
—
2021
$3,584
-1%
$339,200
—
2020
$3,635
10%
$339,200
—
2019
$3,290
4%
$339,200
—
2018
$3,154
2%
$339,200
—
2017
$3,082
-2%
$339,200
—
2016
$3,147
—
$339,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12647 State Hwy 42
12647 State Highway 42, Ellison Bay, WI 54210 (MLS# 50326640) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 12647 State Highway 42 is currently listed for $579,900 and was received on June 03, 2026. Want to learn more about 12647 State Highway 42? Do you have questions about finding other Multi-Family real estate for sale in Ellison Bay? You can browse all Ellison Bay real estate or contact a Coldwell Banker agent to request more information.