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Sold for $240,000 on 01/15/25
  • $240,000

    331 W Bayfield St, Washburn, WI 54891

    2beds
    3baths
    2,230sqft
    Condominium
    Built in 1950
    -- sqft lot
    $249,200 Zestimate®
    $108/sqft
    $1,168 Estimated rent

    Home value

    $249,200

    Estimated sales range

    Not available

    $1,168/mo

    Zestimate® history
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    What's special

    Over $48k in updates. This commercially zoned triplex (quadplex) with additional “finished”, insulated and heated 20x40 pole shed (updated 2018) offers endless possibilities. Location, location, location in the heart of Washburn, with visibility and walking distance to everything you could need, including public transportation. 7kW solar added 2020. With two, one-bedroom apartments (one with an eat-in kitchen & dishwasher), a storefront and a huge heated multi-purpose building with oversized garage door, you can't help but make money. Zero vacancy in 6 years. GREAT tenants; selling for a 1031 transaction. (2 of 3 water heaters less than a year old). Plans to remodel the upper apt bathroom in December. Ground level apt will have a new bathroom window before closing. Owned by an LLC which is owned by the listing agent, a licensed Realtor

    Zillow last checked: 8 hours ago

    Listing updated: May 05, 2025 at 04:56pm

    Listed by:

    Douglas N Ament 715-209-2782,

    Blue Water Realty, LLC

    Bought with:

    Douglas N Ament, WI 80890-94

    Blue Water Realty, LLC

    Source: Lake Superior Area Realtors,MLS#: 6115296MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Has basement: Yes
    Interior area
    • Total interior livable area: 2,230 sqft
    • Finished area above ground: 2,230
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    Lot
    • Size: 6,969 sqft
    • Dimensions: 130 x 34
    Details
    • Foundation area: 1440
    • Parcel number: 33144

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood, Frame/Wood
    • Foundation: Rock
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Xcel Energy
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washburn

    Price history

    DateEventPrice
    1/15/2025Sold$240,000-12.7%$108/sqft
    Source: Lake Superior Area Realtors #6115296
    11/15/2024Pending sale$275,000$123/sqft
    Source: Lake Superior Area Realtors #6115296
    9/25/2024Price change$275,000+12.2%$123/sqft
    Source: Lake Superior Area Realtors #6115296
    9/7/2024Price change$245,000-1.6%$110/sqft
    Source: Lake Superior Area Realtors #6115296
    9/4/2024Price change$249,000-2%$112/sqft
    Source: Lake Superior Area Realtors #6115296

    Public tax history

    Tax history is unavailable.

    Neighborhood: 54891

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.