Great investment opportunity in the city of Wausau! This well-maintained duplex features two spacious units, each offering 1,255 sq ft of living space. The lower unit includes 2 bedrooms and 1 bathroom, currently rented at $765/month, while the upper unit offers 3 bedrooms and 1 bathroom, bringing in $995/month. Both units have separate entrances and functional layouts, providing privacy and comfort for tenants. Recent updates include new electric panels and meter bases, newly painted exterior, newer carpet, and new railings, adding value and long-term peace of mind. Whether you're looking to expand your rental portfolio or live in one unit and rent out the other, this property offers solid income potential in a convenient Wausau location.
Closed
$185,000
316 South 7TH AVENUE, Wausau, WI 54401
5beds
2,510sqft
Multi Family, Duplex
Built in 1915
-- sqft lot
$221,000 Zestimate®
$74/sqft
$1,083 Estimated rent
Home value
$221,000
$194,000 - $245,000
$1,083/mo
Zestimate® history
Owner options
List your home for rent
$1,083/mo
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$1,083/mo
Rent Zestimate®
Refinance and save
$1,249/mo
Est. payment
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$1,249/mo
Est. payment
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List your homeWhat's special
Functional layoutsSeparate entrancesSpacious unitsNewly painted exteriorNew railingsNewer carpet
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:
Rise Real Estate Team
Source: WIREX MLS,MLS#: 22501320
Originating MLS: Central WI Board of REALTORS
Originating MLS: Central WI Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Has fireplace: No
Interior area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 7,080 sqft
- Dimensions: 60 x 118
Details
- Parcel number: 29129072630567
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
- Roof: Shingle
Condition
- 21+ Years
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & neighborhood
Location
- Region: Wausau
- Municipality: Wausau
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $185,000-5.1%$74/sqft |
Source:  WIREX MLS #22501320 Report a problem | ||
| 4/23/2025 | Contingent | $194,900$78/sqft |
Source: WIREX MLS #22501320 Report a problem | ||
| 4/10/2025 | Listed for sale | $194,900+14.6%$78/sqft |
Source: WIREX MLS #22501320 Report a problem | ||
| 5/12/2023 | Sold | $170,000+0.1%$68/sqft |
Source: WIREX MLS #22231010 Report a problem | ||
| 4/7/2023 | Contingent | $169,900$68/sqft |
Source: WIREX MLS #22231010 Report a problem | ||
| 4/3/2023 | Listed for sale | $169,900$68/sqft |
Source: WIREX MLS #22231010 Report a problem | ||
| 6/30/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/22/2022 | Price change | $1,050+23.5% |
Source: Zillow Rental Network_1 Report a problem | ||
| 5/25/2022 | Listed for rent | $850 |
Source: Zillow Rental Network_1 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,383 +35.4% | $178,400 +77.3% |
| 2023 | $2,499 +0% | $100,600 |
| 2022 | $2,499 +3.3% | $100,600 |
| 2021 | $2,418 -1.5% | $100,600 |
| 2020 | $2,455 -1.6% | $100,600 +5.5% |
| 2019 | $2,494 +1.5% | $95,400 |
| 2018 | $2,458 +3.7% | $95,400 |
| 2017 | $2,371 +2.8% | $95,400 |
| 2016 | $2,306 -6.3% | $95,400 -3.7% |
| 2015 | $2,460 -4.7% | $99,100 -9.1% |
| 2014 | $2,581 +1% | $109,000 |
| 2013 | $2,556 -0.3% | $109,000 |
| 2012 | $2,565 -2.9% | $109,000 |
| 2011 | $2,641 -0.5% | $109,000 |
| 2010 | $2,655 +1.5% | $109,000 |
| 2009 | $2,615 +2.3% | $109,000 |
| 2008 | $2,556 +1% | $109,000 |
| 2007 | $2,530 +6% | $109,000 +16.3% |
| 2006 | $2,387 -0.2% | $93,700 |
| 2005 | $2,393 -1.8% | $93,700 |
| 2004 | $2,437 -11.9% | $93,700 +5.8% |
| 2003 | $2,766 +0.3% | $88,600 |
| 2002 | $2,758 | $88,600 |
Find assessor info on the county website
Neighborhood: Westies
Nearby schools
GreatSchools rating
- 4/10Lincoln Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10John Muir Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10West High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$221,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$221,000
- Wisconsin
- Marathon County
- Wausau
- 54401
- Westies
- 316 South 7TH AVENUE
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