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$1,025,000

  • Sold
  • Closed
  • Apartment
  • 8,500 Sq. Ft.
See This Home
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Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year. NEW roof on all three buildings September 2025.

Full Property Details for 1635 Kern Ave #1-11

General

  • Sold For: $1,025,000
  • Taxes: $14,342 (2024)
  • Status: Closed
  • Type: Apartment
  • Source: Wirex_Realtors_Association_of_North_Western_Wisconsin_NWW
  • MLS ID: 1594737
  • Added to Site: 150 day(s) ago

Interior

  • Interior Features: Circuit Breakers
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer

Location

  • Municipality: Rice Lake
  • County: Barron
  • Driving Directions: Hwy 53 to South Access Road to Lemler Road, straight onto Kern Ave. - Property on the right-hand side.

School Information

  • School District: Rice Lake

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Wall/Sleeve Air Conditioning, Baseboard, Hot Water, Wall Air Conditioning

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Description/Design: Apartment Building
  • Exterior Const.: Vinyl
  • Basement Desc.: None/Slab, Poured Concrete
  • Square Feet: 8,500
  • Square Feet Range: 5001 or More
  • Year Built: 1996

Unit Information

  • Units in Building: 8

Unit 1

  • Square Feet: 675
  • Bedrooms: 2

Unit 2

  • Square Feet: 675
  • Bedrooms: 2

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 2

Unit 5

  • Includes/Amenities: Range/Oven, Refrigerator

Unit 6

  • Includes/Amenities: Range/oven, Refrigerator

Unit 7

  • Full Bathrooms: 1

Unit 8

  • Full Bathrooms: 1

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 1.427
  • Lot Size Range: Between 1 and 5 Acres
  • Lot Dimensions: 144 x 291 x 268 x 159

Financial Considerations

  • Tax Amount: $14,342
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Excluded:Tenants Personal
  • Inclusions: Included:Ac Wall Unit, Included:Dryer, Included:Oven/Range, Included:Refrigerator, Included:Washer

Listed by Eau Claire Realty LLC
Sold by Woods & Water Realty Inc/Regional Office

Listing agent

— 1635 Kern Ave #1-11 —

  • Eau Claire Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1635 Kern Ave #1-11

School District:Rice Lake Area School District
NameGradesDistance
Rice Lake High School
30 South Wisconsin Avenue, Rice Lake, WI 54868
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1635 Kern Ave #1-11

Date
Details
Price
Change
Source
10/31/2025
Sold
$1,025,000
-2.38%
MLS
9/24/2025
Price Reduced
$1,050,000
-4.11%
MLS
8/20/2025
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Eau Claire Realty LLC
Sold by Woods & Water Realty Inc/Regional Office

1635 Kern Avenue #1-11, Rice Lake, WI 54868 (MLS# 1594737) is a Apartment property that was sold at $1,025,000 on October 31, 2025. Want to learn more about 1635 Kern Avenue #1-11? Do you have questions about finding other Apartment real estate for sale in Rice Lake? You can browse all Rice Lake real estate or contact a Coldwell Banker agent to request more information.