800 4th St, Algoma, WI, 54201
About This Home
Excellent Investment Opportunity in the Heart of Algoma! This 4-unit multifamily property at 800 4th Street offers strong rental potential and is ideally located just blocks from Lake Michigan and downtown amenities. This building is perfect for investors or owner-occupants looking to generate rental income. Don’t miss this chance to own a versatile property in a growing lakeshore community. Schedule showings in ShowingTime.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Poured Concrete
- Construction materials: Brick,Pressboard
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Finished area below ground: 0
- Finished area above ground: 3,226
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Forced Air
Interior Area
- Total interior livable area: 3,226 sqft
Property
Accessibility
- Accessibility features: 1st Floor Bedroom
Details
- Parcel number: 201003302500
- Zoning: Commercial
Lot
- Lot size: 6,969 sqft
Parking
- Total spaces: 3
- Parking features: Attached,Outside
- 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 | $1,516 | $18,192 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $317 | $3,804 |
| Electricity | $303 | $3,637 |
| Total | $2,256 | $27,072 |
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 |
|---|---|---|
| 2026-07-16 | Contingent | $299,900 |
| 2026-06-15 | Price change | $299,900 |
| 2026-05-29 | Listed for sale | $309,900 |
| 2025-12-02 | Listing removed | $309,900 |
| 2025-09-19 | Price change | $309,900 |
| 2025-08-20 | Listed for sale | $319,900 |
View on Zillow