Investment opportunity just south of Eagle River on Rolling Ridge Road! This well-maintained duplex features two 2-bedroom, 1.5-bath units, each with an attached one-car garage. Both units are currently rented, offering immediate income for the next owner. Each unit includes an open-concept living area, main-level laundry, and efficient layout designed for easy maintenance and tenant appeal. Conveniently located close to town, shopping, and area recreation. Whether you're looking to expand your rental portfolio or live in one side and rent the other, this property offers dependable income and long-term value in the heart of the Northwoods.
Multi-familyProperty Type
2003Year Built
1.54 acresLot Size
$144Price/Sq.Ft.
2 car garageParking
Listed by AMY NOWAK• SHOREWEST - EAGLE RIVER
Bought with THE MERZ AND GOLDSWORTHY TEAM• RE/MAX PROPERTY PROS
How did most millionaires get their start? Real estate. Continuously recognized as a wealth building investment, real estate is a tried and true portfolio addition. This duplex could be the start of your million dollar empire! Too much. .? Well, maybe the start of passive rental income to say the least. The 2 units are 2BR/1.5BA with 1 car attached garages. Rent both out, or live in one to help pay your mortgage. Sitting on1.5 acres off of Hwy 45 just outside of Eagle River, the location is in high demand. Why work harder for your dollars when your dollars can start working for you? Right side rent $1100 per month and left side will be $1200.
GNMLS #174942
Dec 28, 2018
Sold
$157,500
$78/sq ft
Oct 2, 2018
Listed
$162,000
$81/sq ft
+8
ROLLING RIDGE DUPLEX - Income generating side-by-side duplex brings in $695 per unit per month with convenient location close to downtown Eagle River. Each unit has two bedrooms, 1-1/2 baths, laundry room and open concept kitchen and living room. This duplex had a new roof in 2011, has a road maintenance agreement which each tenant shares in 1/6th of the cost to plow and maintain the private road. There is a shared well with the neighboring duplex, a natural gas furnace which the owner pays for the heat and a wall air conditioner for each unit. Tenants are long time renters so this is a lucrative opportunity for income or live in one side and rent the other to help with the mortgage.
Year
Property tax
Land + Additions
Assessment*
2025
$1,447 (+7.2%)
$33,200 + $212,600
$245,800
2024
$1,350 (−9.0%)
$33,200 + $212,600
$245,800
2023
$1,483 (+3.2%)
$33,200 + $212,600
$245,800
2022
$1,437 (+3.2%)
$15,600 + $144,100
$159,700
2021
$1,392 (−0.4%)
$15,600 + $144,100
$159,700
2020
$1,398 (−0.6%)
$15,600 + $144,100
$159,700
2019
$1,406 (+4.0%)
$15,600 + $144,100
$159,700
2018
$1,352 (+2.1%)
$15,600 + $144,100
$159,700
2017
$1,325 (−2.5%)
$15,600 + $144,100
$159,700
2016
$1,358 (+5.4%)
$15,600 + $144,100
$159,700
2014
$1,289 (−10.9%)
$15,600 + $144,100
$159,700
2013
$1,447
$16,600 + $160,100
$176,700
Tax history for 935 Rolling Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,447 (+7.2%)
$33,200 + $212,600
$245,800
2024
$1,350 (−9.0%)
$33,200 + $212,600
$245,800
2023
$1,483 (+3.2%)
$33,200 + $212,600
$245,800
2022
$1,437 (+3.2%)
$15,600 + $144,100
$159,700
2021
$1,392 (−0.4%)
$15,600 + $144,100
$159,700
2020
$1,398 (−0.6%)
$15,600 + $144,100
$159,700
2019
$1,406 (+4.0%)
$15,600 + $144,100
$159,700
2018
$1,352 (+2.1%)
$15,600 + $144,100
$159,700
2017
$1,325 (−2.5%)
$15,600 + $144,100
$159,700
2016
$1,358 (+5.4%)
$15,600 + $144,100
$159,700
2014
$1,289 (−10.9%)
$15,600 + $144,100
$159,700
2013
$1,447
$16,600 + $160,100
$176,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.54 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Vilas County
APN
14-161-05
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Garage, Driveway
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Natural Gas, Radiant Floor
Interior Features
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Flooring: Carpet, Vinyl
Fireplace Features: None
Room Information
Laundry Features: Main Level
Basement Details: None
Exterior
Exterior Features
Roof: Composition, Shingle
Building Information
Sq. Ft.: 2008
Above Grade Finished Area: 2,008
Levels: One
# of Stories Total: 1
Construction Materials: Brick, Frame, Vinyl Siding
Foundation Details: Slab
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Raw Mls Property Sub Type: Duplex
Lot Information
Lot Features: Private, Secluded, Wooded
Frontage Length: 0
Road Responsibility: Road Maintenance Agreement
Zoning Description: General Business
Financial
Tax Information
Tax Annual Amount: $1,350
Utilities
Utility Information
Water Source: Shared Well
Electric: Circuit Breakers
Location
Schools Information
Elementary School: VI Northland Pines-ER
Middle Or Junior School: VI Northland Pines
High School: VI Northland Pines
Location Information
Directions: From Eagle River Hwy 45 S to Right on Rolling Ridge to fire #.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.54 acres
Style: Other
Year Built: —
Year Renovated: —
County: Vilas County
APN: 14-161-05
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Northland Pines Elementary-Eagle River
Public PreK-6 • Assigned • 2.9mi
5/10
Northland Pines High School
Public 7-12 • Assigned • 2.9mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Eagle River, WI • 54521
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27
25
12
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Sun exposure
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