475 S Lake Ave Phillips, WI 54555
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
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
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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: 8/1/2025, 2:15:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 26, 2019 | Home Sold | $84,150 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $36,071. The majority of Phillips, WI residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Cadillac
Dodge
What do the neighbors listen to?
Classic Country- Country
Oldies
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 July 2025, from all listings sold in Phillips, WI there were more than 0 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Phillips, WI increased by 6.5% between June and July 2025.