For sale

Price cut: $9.1K (2/14)

$439,900

321 Rice Ave, Bayfield, WI 54814

4beds

2baths

1,782sqft

Est.:

Duplex

Built in 1910

-- sqft lot

$434,700 Zestimate^®

$247/sqft

$-- HOA

What's special

Two separate unitsSpacious kitchenPlenty of outdoor spaceCorner lot

Welcome to 321 Rice Ave, a beautifully updated historic property offering both charm and versatility. This unique home features two separate units, each with two bedrooms, a full bathroom, and spacious kitchen and living areas, making it ideal for comfortable year-round living or rental income. Nestled on a corner lot less than a block from the school, this property boasts plenty of outdoor space for relaxation or play. Enjoy easy access to local parks and playgrounds. Located just a few blocks from Downtown Bayfield for quick access to local shops, restaurants, and community events. This dual-purpose property is a fantastic opportunity for investors or anyone looking to live in one unit while renting out the other. Don’t miss your chance to own this charming home in a prime location!

209 days

621

23

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Partial

Interior area

Total interior livable area: 1,782 sqft
Finished area above ground: 1,782
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Lot

Size: 0.33 Acres
Dimensions: .33

Details

Parcel number: 31720
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl, Frame/Wood
Foundation: Concrete Perimeter

Condition

Previously Owned
Year built: 1910

Utilities & green energy

Electric: Xcel Energy
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Bayfield

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $382,000
Annual tax amount: $5,754
Date on market: 8/21/2025
Cumulative days on market: 213 days
Tenant pays: Other

Estimated market value

$434,700

$413,000 - $456,000

$946/mo

Price history

Date	Event	Price
2/14/2026	Price change	$439,900-2%$247/sqft
Source: WIREX MLS #6121454 Report a problem
12/23/2025	Price change	$449,000-4.4%$252/sqft
Source: WIREX MLS #6121454 Report a problem
8/21/2025	Listed for sale	$469,900+4.7%$264/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6121454 Report a problem
5/16/2025	Listing removed	$449,000$252/sqft
Source: WIREX MLS #6116854 Report a problem
5/1/2025	Listed for sale	$449,000$252/sqft
Source: WIREX MLS #6116854 Report a problem
3/17/2025	Contingent	$449,000$252/sqft
Source: WIREX MLS #6116854 Report a problem
11/1/2024	Listed for sale	$449,000+24.8%$252/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116854 Report a problem
8/31/2022	Sold	$359,900$202/sqft
Source: WIREX MLS #6104566 Report a problem
8/15/2022	Pending sale	$359,900$202/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6104566 Report a problem
8/4/2022	Contingent	$359,900$202/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6104566 Report a problem
7/28/2022	Listed for sale	$359,900+69%$202/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6104566 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/30/2015	Sold	$213,000-4.9%$120/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6072855 Report a problem
5/26/2015	Listed for sale	$224,000+101.8%$126/sqft
Source: Owner Report a problem
10/16/2012	Listing removed	$111,000$62/sqft
Source: Reed Realty #39772 Report a problem
6/19/2011	Price change	$111,000-2.6%$62/sqft
Source: Reed Realty, Inc #39772 Report a problem
5/21/2011	Listed for sale	$114,000$64/sqft
Source: Reed Realty, Inc #39772 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,012 +4.5%	$365,600
2023	$5,754 +33.7%	$365,600 +76.8%
2022	$4,304 +1.9%	$206,800
2021	$4,226 -8.5%	$206,800
2020	$4,619 +3%	$206,800
2019	$4,483 +12.4%	$206,800
2017	$3,988 +2.3%	$206,800
2016	$3,899 -1.2%	$206,800
2015	$3,945 -2.3%	$206,800
2013	$4,040 +3.9%	$206,800
2011	$3,887 +4%	$206,800
2010	$3,737 +6.7%	$206,800 -3.6%
2009	$3,503	$214,500