300 4th St, Algoma, WI, 54201
About This Home
Beautiful, 3,000 sq ft penthouse on the top floor of the historic Netto Palazzo building. Enjoy a 360 degree view of the city, Ahnapee River and Lake Michigan. Penthouse also includes a sauna. Observation/walkway around the perimeter of the apartment affording lovely views. Full basement plus 2 additional floors and a one-story warehouse. Many opportunities including condos, apartments, business rental space, etc. Top floor penthouse currently rents for $1,400 per month. Second level studio apartment rents for $800 per month. Please call for more details. Also listed under Commercial listing MLS #145906.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Type & Style
- Home type: SingleFamily
- Property subType: Inland-Residential
Interior
Bathroom1
- Area: 192.72
Bathroom2
- Area: 103.04
Bedroom1
- Area: 202.07
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Area: 189.074
Features
- Ensuite,Walk-in Shower
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 15,000
- Total interior livable area: 15,000 sqft
Kitchen
- Area: 280.26
Living Room
- Area: 467.81
Property
Details
- Zoning: GC (General Commercial)
Lot
- Lot size: 0.34 Acres
- Lot size dimensions: 120 x 123
Parking
- Parking features: No Garage
- Has garage: Yes
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
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
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 | $1,263 | $15,156 |
| Home Insurance * | $100 | $1,200 |
| Property Taxes | $264 | $3,168 |
| Electricity | $1,409 | $16,914 |
| Total | $3,036 | $36,432 |
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 |
|---|---|---|
| 2026-04-10 | Price change | $284,900 |
| 2026-01-27 | Listed for sale | $289,900 |
| 2024-10-19 | Listing removed | $289,900 |
| 2024-08-20 | Price change | $289,900 |
| 2024-06-19 | Price change | $325,000 |
| 2024-04-29 | Listed for sale | $350,000 |
| 2017-04-04 | Sold | $137,500 |
| 2016-11-02 | Listed for sale | $150,000 |
| 2016-09-15 | Listing removed | $150,000 |
| 2015-09-14 | Listed for sale | $150,000 |
| 2015-08-06 | Listing removed | $150,000 |
| 2014-09-19 | Price change | $150,000 |
| 2014-08-14 | Listed for sale | $199,000 |
| 2013-06-09 | Listing removed | $225,000 |
| 2011-06-18 | Listed for sale | $225,000 |
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