214 7TH STREET NORTH, Park Falls, WI, 54552
About This Home
Turnkey investment opportunity! This beautifully renovated fourplex in Park Falls has been extensively remodeled from top to bottom, making it an excellent addition to any investment portfolio. Whether you?re looking for a fully occupied long-term rental, owner-occupy one unit while collecting rental income, or take advantage of Airbnb potential, this property offers flexibility and value. The building features four thoughtfully designed units: a 3-bedroom, 1-bath apartment; a 2-bedroom, 1-bath apartment; a spacious 2-bedroom, 2-bath apartment complete with a private laundry hookup, primary suite with attached bath, Italian luxury granite countertops, smart switches, smart toilets, a large three-season porch, and its own covered porch?ideal as a premium long-term rental or Airbnb; plus a charming 1-bedroom, 1-bath apartment with its own private covered porch. Each unit has its own parking in the four-car detached garage. Nearly every major component has been updated, including a new roof, insulation, siding, three new decks, sidewalks, kitchen cabinets with quartz countertops, bath
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1920
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Range/Oven,Dishwasher,Microwave,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Full,Unfinished,Stone
Bathroom
- Features: Master Bedroom Bath
Bedroom2
- Level: Upper
- Area: 88
Bedroom3
- Level: Upper
- Area: 154
Bedroom4
- Level: Upper
- Area: 154
Bedroom5
- Level: Upper
- Area: 72
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Features
- High Speed Internet
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,758
Heating
- Heating features: Electric,Natural Gas,Hot Water
Interior Area
- Total structure area: 2,758
- Total interior livable area: 2,758 sqft
Kitchen
- Level: Main
- Area: 156
Living Room
- Level: Main
- Area: 300
Master Bedroom
- Level: Upper
- Area: 99
Property
Details
- Parcel number: 24026
- Zoning: Multi-Family
Features
- Levels: Two
- Stories: 2
- Living area range: 2501-3000
Lot
- Lot size: 7,405 sqft
Parking
- Total spaces: 4
- Parking features: 4 Car,Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $250 | $3,000 |
| Property Taxes | $389 | $4,668 |
| Electricity | $259 | $3,109 |
| Total | $2,920 | $35,040 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-16 | Price change | $374,900 |
| 2026-07-18 | Listed for sale | $399,900 |
| 2024-08-23 | Sold | $42,500 |
| 2024-08-08 | Contingent | $69,900 |
| 2024-07-26 | Listed for sale | $69,900 |
| 2024-06-23 | Listing removed | -- |
| 2024-06-05 | Price change | $75,000 |
| 2024-05-28 | Price change | $85,000 |
| 2024-05-09 | Listed for sale | $95,000 |
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