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$178,900

475 S Lake Ave Phillips, WI 54555

3 beds
1 full
1,700 sqft
1.0 acres
$105 / sqft
House

Property details

About 475 S Lake Ave

(308/AS) Home, Investment or Both! Great rental opportunity! Charming 3-bedroom home with 2 stall detached along with a duplex and additional 2 stall detached garage located on Lake Ave. in Phillips. Rent all three units or live in one and rent 2 units. The property is a short walk for shopping and the Phillips Chain of Lakes. The snowmobile trail backs up to the property for easy access. Currently all three units are rented and bring in $1650 per month in rent. Investment opportunities like this are rare! Act quickly! Asking $178,900. 2024 taxes: $2,077.35 (Prt of Gov?t lot 4 Lot 2 & 3 of CSM #532 vol. 2 pg 369 expt TTP 1610-44-21-4, 17-37-1E.)

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,700 sqft
BasementYes
Lot size1.035 Acres
Year built1915
Parking4 Car,Detached
MLS #1587365
Garage4 spaces

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Interior: Circuit Breakers
  • Total Bedroom Count: 3
  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: 4 Car,Detached
  • Heating: Forced Air, Natural Gas
  • List Price: $178,900
  • Price/SqFt: $105
  • Annual Tax Amount: $1,977
  • Tax Year: 2023
  • Directions: Hwy 13 (Lake Ave) in the City of Phillips
  • Year Built: 1915
  • Stories: 1
  • Living Area: 1,700 SqFt
  • Municipality: Phillips
  • Lot Size: 1.035 Acres
  • MLS Number: 1587365
  • MLS Name: WIREX_NWW
  • Office Name: Birchland Realty Inc./Phillips
  • Office Phone: (715) 339-2181
  • Office Email: phillips@birchlandrealty.com
  • Listing Agent: Adam Speer

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 26, 2019
Home Sold
$84,150

Tax history

YearAssessmentProperty Tax
2023$75,400$1,977
2022$75,400$1,910
2021$75,400$1,910
2020$75,400$1,844
2019$75,400$1,844
2018$75,400$1,733
2017$75,400$1,785

History based on county public records data.

Nearby schools

4

Phillips Elementary School

Public District PK-5

0.8 mi

400 Turner St

5

Prentice Elementary School

Public District PK-4

10.8 mi

1025 Town St

5

Park Falls Elementary School

Public District PK-5

18.4 mi

380 9th St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,071. The most common annual income of people living in Phillips, WI is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
39%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
3%
Single, with Kids
38%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
11%
18-34 yrs old
40%
35-64 yrs old
37%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 475 S Lake Ave

The listing price of 475 S Lake Ave property is $178,900.

The property 475 S Lake Ave is a house located in Phillips, Wisconsin, 54555.

Active Listing: 475 S Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 475 S Lake Ave are: Phillips Elementary School (GreatSchools Rating 4/10), Prentice Elementary School (GreatSchools Rating 5/10), Park Falls Elementary School (GreatSchools Rating 5/10), Phillips Middle School (GreatSchools Rating 4/10), Prentice Middle School (GreatSchools Rating 6/10), Rib Lake Middle School (GreatSchools Rating 7/10), Phillips High School (GreatSchools Rating 7/10), Prentice High School (GreatSchools Rating 5/10), Chequamegon High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $1,977 (source: MLS/based on county public records data).

The last sale was on April 26, 2019 for $84,150 (source: MLS/tax record).

The property at 475 S Lake Ave has 3 bedrooms and 1 bathroom.

The property 475 S Lake Ave is 1,700 SqFt (source: MLS/tax record).

The year of construction for 475 S Lake Ave is 1915.

This home is located at 475 S Lake Ave in Phillips, WI and zip code 54555. This 1,700 square foot home, which was built in 1915, sits on a 1.03 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $178,900.

In June 2025 more than 0 listings in Phillips, WI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. Between May and June 2025, Phillips, WI real estate market has seen increase in the number of listings by 15.4%.

From Rocket Homes Real Estate and based on county public records data.

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