Lincoln County Homes under $200,000

Welcome to Lincoln County, Wisconsin – a hidden gem that beautifully balances the charm of rural living with the conveniences of modern life. Nestled in the heart of the Northwoods, Lincoln County is renowned for its stunning natural landscapes, including lush forests, sparkling lakes, and abundant wildlife. Here, outdoor enthusiasts can revel in activities like fishing, hiking, and snowmobiling, making it a year-round playground for adventure seekers.

For those looking to settle down in this picturesque county, the housing market offers an array of options, particularly for budget-conscious buyers. With homes priced under $200,000, Lincoln County provides an incredible opportunity to own a piece of this serene paradise without breaking the bank. Whether you’re a first-time homebuyer, a retiree seeking tranquility, or a family looking for space to grow, you’ll find charming single-family homes, cozy cottages, and even some parcels of land ready for your dream build.

The community spirit in Lincoln County is palpable, with friendly neighbors and local events that foster a sense of belonging. Enjoy the quaint downtown areas filled with unique shops, restaurants, and community gatherings. Plus, with excellent schools and a low cost of living, it’s no wonder so many are drawn to this idyllic setting.

Don’t miss your chance to discover the affordable housing options in Lincoln County, where every home is a gateway to a vibrant lifestyle surrounded by nature's beauty. Your dream home awaits!

Newest Lincoln County Homes under $200,000

$174,900

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

This welcoming Eastside ranch offers updated flooring, fresh paint, and a bright, easy-living layout. Enjoy main floor laundry, comfortable bedrooms, and a home that feels clean and refreshed from the moment you walk in. The location is ideal ? close to everything Merrill has to offer. Low maintenance exterior, nice yard, and 2 car garage. A great opportunity to settle into a well-kept home in a convenient neighborhood.

1410 E 6th Street, Merrill

Listing courtesy of CENTURY 21 BEST WAY.

$197,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

IF THESE WALLS COULD TALK! Dating back to circa 1893, this charming Merrill home has more than a century of stories behind it and plenty of room for new memories to be made. With four bedrooms, two full bathrooms, generous living spaces, and an inviting street-side approach, this is a home with character you simply can't duplicate in new construction. First impressions count, and this home certainly makes a memorable one! Beautiful perennial beds grace the front of the property, creating a welcoming display of color and texture throughout the growing season. The striking red steel roof complements the exterior, while vinyl siding and updated windows help keep exterior maintenance manageable. Inside, the heart of this home is undoubtedly the HUGE country kitchen! Forget squeezing around a tiny island or bumping elbows while preparing dinner. Here you'll find an abundance of countertops and cupboards, plenty of room for multiple cooks, and space for a large dining table where everyone can gather. Whether it's Sunday dinner, holiday baking, or simply catching up over morning coffee, t,All measurements and zoning to be verified by buyer

210 East Street, Merrill

Listing courtesy of RE/MAX PROPERTY PROS.

$200,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Charm, updates and room to spread out! Located near Ott?s Park on Merrill?s west side, this nicely updated 3-bedroom, 1.5-story home sits on a double city lot with alley access. A spacious entryway with closets welcomes you inside, where you?ll find a kitchen with stainless steel appliances and a pantry, plus a main-floor full bath with an updated tile shower. The large upstairs loft offers flexible space for hobbies, an office or a cozy sitting area. The full lower level adds a rec room, play area, second full bathroom, laundry and storage. Enjoy central air, forced-air natural gas heat and a tankless water heater, along with new windows in 2025 and a new sewage lift pump in 2026. Outside, the spacious backyard and covered patio provide room to relax, entertain, add play equipment or gather around a firepit. Metal siding, a blacktop driveway and an oversized, insulated detached 2-plus-car garage round out this inviting city property.

209 N Pine Street, Merrill

Listing courtesy of NORTHWOODS COMMUNITY REALTY LLC.

$150,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Spacious two-story home is loaded with historic charm and character and has many updates that make this home ready for a modern lifestyle. The main level has an impressive living room, a dining room with full view patio doors that lead out to a patio, a den with a gas fireplace, a galley style kitchen with cherry cabinets, a full bath, a bedroom with a laundry area in the closet and a library ready for those who love to read. The upper level has a large central family room with entrances for three bedrooms, an additional walk-through bedroom, a full bath and an exterior staircase. There is a front porch with newer deck boards and when you walk through the front door you will be taken back into time with all of the interesting features, including the faux tin ceiling, French doors and built in bookcases. Most of the home has newer flooring and the property appears to have been updated for energy efficiency. The backyard is fenced in and there is an oversized one car garage with an upper level for additional storage. All offers must include the following language: ?Seller is a

603 W 2nd Street, Merrill

Listing courtesy of COLDWELL BANKER ACTION.

$109,900

2 Beds ⋅ 1 Baths ⋅ ACTIVE Status

2 story, 2 bedroom, 1 bath home with a 1 car detached garage in Merrill. Also has a 8 x10 bonus room on the main level for future 2nd bath and/or laundry, Front and rear entries, partial basement. Floor coverings consist of numerous renovations and updates in the past 9 months, new electrical service, water heater, water lines, furnace, insulation, dry wall etc. Seller will contribute $10,000.00 to the buyer at closing for shingle replacement.

701 E 6th Street, Merrill

Listing courtesy of REMAX EXCEL.

$184,900

1 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Tucked along the Prairie River on more than five acres, this property offers room to unwind and make it your own. Enjoy it as a private getaway, explore its rental potential, or do a little of both. With a small white home and a separate log cabin, there?s plenty here for buyers drawn to a quiet riverside setting. The small white home has a mini-split for heating and cooling, a gas fireplace, and high-speed internet available at the property. The seller used it as a three-season home and winterized it each year. The home is currently winterized, and power to the bathroom may be off. The crawl space is ready for a heater, but the seller did not install one. For four-season use, a heater would need to be connected in the crawl space to keep the water heater warm. The seller previously rented the property to a traveling nurse for multiple months at $1,800 per month. The seller estimates that high-season rent could be around $2,400?$2,600 per month; that is a projection, not documented rental income. The log cabin adds to the property's appeal, but it is not connected to septic, water,

N5491 State Highway 17, Russell

Listing courtesy of FIRST WEBER.

$159,900

2 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Well-maintained 1.5-story home on a fantastic lot in Merrill, with numerous important updates already completed. Improvements include a newer roof, furnace, water heater, and asphalt driveway, with attention given to long-term functionality and durability. The property and grounds have been well cared for, and the spacious lot offers plenty of outdoor space. Additional interior improvements are currently underway, providing an opportunity to make this home your own while benefiting from many of the major updates already completed. A solid property with a combination of character, useful updates, and a great lot!

706 Chippewa Street, Merrill

Listing courtesy of COLDWELL BANKER ACTION.

$115,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Opportunity knocks! This 2-bedroom, 1.5-bath home is ready for someone with vision to bring it back to life. Offering a spacious living room and dining room, main-level laundry, all appliances included, and a 2-car detached garage, this property provides a solid starting point for a renovation project. The 100-amp electrical service is already in place, while the convenient location puts the grocery store, middle school, library, Prairie River and several parks within walking distance. Whether you're an investor looking for your next project, a first-time buyer willing to build sweat equity, or an experienced renovator searching for potential, this property offers an opportunity to create value in a desirable, convenient location. Bring your ideas, your tool belt and your vision!

301 E 1st Street, Merrill

Listing courtesy of JONES REAL ESTATE GROUP.

$189,900

4 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Classic two-story City of Merrill home offering 4 bedrooms, including one bedroom on the main level. The fourth bedroom is a walk-through room accessed through the third bedroom, providing flexible space that could also work well as an office, nursery, hobby room, or additional living space. Built in 1900, this home offers character and functionality with a full basement featuring utilities, a root-cellar-style canning/storage area, and a workbench for projects or hobbies. Situated on a corner lot, the property includes a fenced backyard with a quality-sized garden area, most recently used for growing potatoes. A detached 2-car garage provides valuable parking and storage, with an additional yard shed for lawn and outdoor equipment. Roofing on both the house and garage has been updated within approximately the past 8 years. Appliances currently located at the property may be included, if desired. A property offering practical living space, outdoor enjoyment, and useful storage in the City of Merrill. Don't Miss out on this Gem, Schedule your Showing today !

601 E 7th Street, Merrill

Listing courtesy of FIRST WEBER.

$189,900

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Countryside property that you can move right into! Home has been lovingly cared for over the years. Since 2024 a 6000-gallon holding tank, new plumbing, 200 ft well & pressure tank were installed. From 2018 to 2025 a furnace, water heater, some windows, and painting was done. 2.09 acres surrounds this 2-3 bedroom home. Open Kitchen/dining area/living room allows the cook to stay involved with the conversation at the dining table or the football game on the TV. Bow window in the eating area has been a delight for watching the hummingbirds. Larger full bath has an enclosure with tub & shower, linen closet, and useful vanity. Main level bedroom with an ample closet and a bank of windows to enjoy the gardens and wildlife. 2 bedrooms are upstairs (one is a walk-through). Mud Room area is the hub of the house with steps to the basement and a patio door into the kitchen. Built in bench seat with plenty of room for coats, shoes and boots. Outside is parklike with Hostas accenting many areas of the yard. 9 x 12 Garden Shed (the old milkhouse) symbolizes the history of the property st

N357 County Road X, Pine River

Listing courtesy of COLDWELL BANKER ACTION.

$120,900

2 Beds ⋅ 1 Baths ⋅ ACTIVE Status

Stop scrolling! This is the one you have been waiting for! Whether you are searching for your first home or a turnkey investment property, this beautifully updated home is ready to impress. Every inch of the interior has been refreshed. With a stunning new kitchen, updated bathroom, stylish flooring, modern light fixtures and fresh paint, you can skip the renovation headaches and get straight to enjoying your new space. Currently used as a rental, it is a fantastic opportunity for investors, but it is just as perfect for first-time buyers ready to trade rent payments for homeownership. Sitting on a spacious corner lot with a great sized backyard, there is plenty of room for summer BBQs, yard games, or simply soaking up the sunshine. Homes that are this move-in ready do not stick around for long. Schedule your showing today before someone else beats you to the front door!,This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, sub-agents, or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.

111 S Oregon Street, Merrill

Listing courtesy of MOCCASIN CREEK REAL ESTATE.

$149,900

ACTIVE Status

Investors, take notice! This well-maintained duplex in the City of Merrill is a great opportunity to add to your portfolio or begin your investment journey. The property features a 2-bedroom, 1-bath unit currently rented for $570 per month and a 1-bedroom, 1-bath unit rented for $695 per month, providing steady rental income. Both units have separate utilities, with tenants responsible for their own utility costs, helping to keep operating expenses low. The upper unit has been remodeled, offering updated finishes that enhance its appeal. Conveniently located near local shopping, dining, parks, and schools, this income-producing property offers both value and potential. Schedule your showing today!

113 Polk Street, Merrill

Listing courtesy of JONES REAL ESTATE GROUP.

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