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4 Beds
2 Baths
1,800 sqft

$229,900

494/496 FLAMBEAU AVENUE, Phillips WI, 54555

Price per sqft$127.72
Built in1950
Property size1,800 sqft
Property typeResidential

Overview

Active

Listed Oct 9, 2026

Updated 2 weeks ago

Looking to add to your rental portfolio or get started in real estate investing? This full duplex at 494 & 496 Flambeau Ave in Phillips offers two separate 2-bedroom, 1-bath units in a convenient in-town location, creating an appealing opportunity to invest, build rental income, or offset your own housing costs. Both units offer approximately 900 finished square feet, featuring an eat-in kitchen, living room, two bedrooms, full bathroom, and separate access to a divided basement with laundry facilities. Unit 496 was remodeled with new flooring, paint, blinds, refrigerator, pantry, and a newer washer and dryer. The units have separate mechanicals and utilities, including forced air furnaces (serviced annually), central air, water heaters, water meters, and natural gas meters, allowing tenants to manage their own utility expenses. Outside, the detached two-car garage provides valuable parking and storage, with an owner's storage room, small workbench, and most backup items included, such as an extra dryer and tools. The manageable lot offers room to enjoy the outdoors without extensive yard maintenance. Unit 496 features a concrete patio, while unit 494 offers a private deck, giving each unit its own outdoor space to enjoy. Just minutes from local shopping, restaurants, and everyday amenities, you'll also be close to the Phillips Chain of Lakes, area parks, and miles of ATV and snowmobile trails for year-round Northwoods recreation. Whether you're expanding your portfolio, purchasing your first income property, or considering living in one unit while renting the other, this duplex offers flexibility, practical features, and income potential in the heart of Phillips. Come explore the possibilities!

$1,530/mo

Est. mortgage payment based on a $229,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22605078

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$3,080
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listing Contact: 715-820-0636 

Based on information from the Central Wisconsin Multiple Listing Service Corporation as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 Central Wisconsin Multiple Listing Service Corporation all rights reserved.

Data last updated on 10/10/2026 at 4:14 AM UTC

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