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4 Beds
2 Baths
1,800 sqft

$229,900

494/496 FLAMBEAU AVE, Phillips WI, 54555

Price per sqft$127.72
Property size1,800 sqft
Property typeMulti-family

Overview

Active

Listed Oct 9, 2026

Updated 7 days ago

Looking to add to your rental portfolio or get started in real estate investing? This full duplex at 494 & 496 Flambeau Ave in Phillips offers two separate 2-bedroom, 1-bath units in a convenient in-town location, creating an appealing opportunity to invest, build rental income, or offset your own housing costs. Both units offer approximately 900 finished square feet, featuring an eat-in kitchen, living room, two bedrooms, full bathroom, and separate access to a divided basement with laundry facilities. Unit 496 was remodeled with new flooring, paint, blinds, refrigerator, pantry, and a newer washer and dryer. The units have separate mechanicals and utilities, including forced air furnaces (serviced annually), central air, water heaters, water meters, and natural gas meters, allowing tenants to manage their own utility expenses. Outside, the detached two-car garage provides valuable parking and storage, with an owner's storage room, small workbench, and most backup items included, such as an extra dryer and tools. The manageable lot offers room to enjoy the outdoors without extensive yard maintenance. Unit 496 features a concrete patio, while unit 494 offers a private deck, giving each unit its own outdoor space to enjoy. Just minutes from local shopping, restaurants, and everyday amenities, you'll also be close to the Phillips Chain of Lakes, area parks, and miles of ATV and snowmobile trails for year-round Northwoods recreation. Whether you're expanding your portfolio, purchasing your first income property, or considering living in one unit while renting the other, this duplex offers flexibility, practical features, and income potential in the heart of Phillips. Come explore the possibilities!

$1,530/mo

Est. mortgage payment based on a $229,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
219995

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$3,080
Tax Frequency
Annually
Garage
Yes
Municipality
PR Phillips (City)

Listed by CALA NEU with NORTHWOODS REALTY
Listing Contact: (715)820-0636 
Based on information from Greater Northwoods Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Kelly Cooper shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
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Data last updated 10/15/2026

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