Great Investment Opportunity in the City of Wausau! This well-maintained upper/lower duplex offers solid rental income with room to grow. Featuring a newer roof (2019) and updated vinyl siding, this property is as functional as it is low-maintenance. The lower unit is a 1 bed, 1 bath currently renting for $750/month and includes potential to expand for added value. The upper unit is a spacious 2 bed, 1 bath bringing in $900/month. Whether you're looking to add to your portfolio or live in one unit and rent the other, this property offers versatility and long-term upside. Conveniently located close to downtown, schools, parks, and major roadways. Don't miss out on this income-generating property in a desirable Wausau location!
Closed
$105,000
1202 PROSPECT AVENUE, Wausau, WI 54403
3beds
1,790sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$187,400 Zestimate®
$59/sqft
$781 Estimated rent
Home value
$187,400
$163,000 - $212,000
$781/mo
Zestimate® history
Owner options
List your home for rent
$781/mo
Rent Zestimate®
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$781/mo
Rent Zestimate®
Refinance and save
$555/mo
Est. payment
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$555/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
RISE REAL ESTATE TEAM Phone:715-680-0019,
JONES REAL ESTATE GROUP,
Dakota Karlen 715-680-0019,
JONES REAL ESTATE GROUP
Bought with:
Larkin Real Estate Group
Source: WIREX MLS,MLS#: 22501462
Originating MLS: Central WI Board of REALTORS
Originating MLS: Central WI Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,790
- Total interior livable area: 1,790 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,840 sqft
- Dimensions: 64 x 60
Details
- Parcel number: 29129073640204
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- 21+ Years
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wausau
- Municipality: Wausau
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Listing removed | $725 |
Source: Zillow Rentals Report a problem | ||
| 4/7/2026 | Price change | $725-3.3% |
Source: Zillow Rentals Report a problem | ||
| 3/5/2026 | Price change | $750+7.9% |
Source: Zillow Rentals Report a problem | ||
| 2/5/2026 | Listed for rent | $695 |
Source: Zillow Rentals Report a problem | ||
| 9/22/2025 | Listing removed | $695 |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Price change | $695-12.6% |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Price change | $795-11.2% |
Source: Zillow Rentals Report a problem | ||
| 7/23/2025 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/28/2025 | Sold | $105,000-12.4%$59/sqft |
Source:  WIREX MLS #22501462 Report a problem | ||
| 4/24/2025 | Contingent | $119,900$67/sqft |
Source: WIREX MLS #22501462 Report a problem | ||
| 4/18/2025 | Listed for sale | $119,900+84.5%$67/sqft |
Source: WIREX MLS #22501462 Report a problem | ||
| 3/25/2022 | Sold | $65,000-7%$36/sqft |
Source: Public Record Report a problem | ||
| 6/3/2021 | Listing removed | $69,900$39/sqft |
Source: WIREX MLS #22100300 Report a problem | ||
| 2/19/2021 | Listed for sale | $69,900-79.1%$39/sqft |
Source: WIREX MLS #22100300 Report a problem | ||
| 3/11/2019 | Listing removed | $335,000$187/sqft |
Source: JONES REALTY LLC #21807784 Report a problem | ||
| 2/2/2019 | Listed for sale | $335,000+614.3%$187/sqft |
Source: JONES REALTY LLC #21807784 Report a problem | ||
| 10/3/2014 | Listing removed | $46,900$26/sqft |
Source: Security Realty of Wausau, Inc #1304458 Report a problem | ||
| 7/3/2013 | Listed for sale | $46,900-11.5%$26/sqft |
Source: Security Realty of Wausau, Inc #1304458 Report a problem | ||
| 7/8/2010 | Sold | $53,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,245 +18.2% | $119,500 +54.8% |
| 2023 | $1,900 +0% | $77,200 |
| 2022 | $1,899 +3.3% | $77,200 |
| 2021 | $1,838 -1.6% | $77,200 |
| 2020 | $1,867 +64.3% | $77,200 +71.6% |
| 2019 | $1,136 +1.5% | $45,000 |
| 2018 | $1,119 +3.7% | $45,000 |
| 2017 | $1,079 +2.9% | $45,000 |
| 2016 | $1,048 -2.6% | $45,000 |
| 2015 | $1,076 -40.7% | $45,000 -41.9% |
| 2014 | $1,814 +1% | $77,500 |
| 2013 | $1,797 -0.3% | $77,500 |
| 2012 | $1,803 -2.9% | $77,500 |
| 2011 | $1,856 -0.5% | $77,500 |
| 2010 | $1,865 +1.5% | $77,500 |
| 2009 | $1,838 +1.7% | $77,500 |
| 2008 | $1,807 +0.4% | $77,500 |
| 2007 | $1,799 +3.4% | $77,500 +13.5% |
| 2006 | $1,740 -0.2% | $68,300 |
| 2005 | $1,744 -1.8% | $68,300 |
| 2004 | $1,776 +1.6% | $68,300 +22% |
| 2003 | $1,748 +0.3% | $56,000 |
| 2002 | $1,743 | $56,000 |
Find assessor info on the county website
Neighborhood: Longfellow
Nearby schools
GreatSchools rating
- 3/10John Marshall Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Horace Mann Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10East High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$187,400
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Estimated market value
$187,400
- Wisconsin
- Marathon County
- Wausau
- 54403
- Longfellow
- 1202 PROSPECT AVENUE
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