Attention All Investors! Looking for a great investment in the heart of Wisconsin Rapids in a great location? This amazing 1 story brick ranch home has the potential for high rental income and has many other possibilities. Formerly used as an 8-bedroom 4.5 bath Community Based Residential Facility it is perfectly setup with 2 living rooms, two kitchens, laundry facilities, outside fenced areas, security throughout and so much more. This home could also be easily converted into a large duplex or single-family home. Home is already zoned as a R2/Multifamily to make it super easy for next owner. Call today, you won't want to miss this one!!
Closed
$250,000
521 ELM STREET, Wisconsin Rapids, WI 54494
8beds
7,044sqft
Single Family Residence
Built in 1952
0.41 Acres Lot
$447,000 Zestimate®
$35/sqft
$2,194 Estimated rent
Home value
$447,000
$393,000 - $510,000
$2,194/mo
Zestimate® history
Owner options
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$2,194/mo
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$2,194/mo
Rent Zestimate®
Refinance and save
$1,668/mo
Est. payment
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$1,668/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
MELISSA PRUSAK homeinfo@firstweber.com,
FIRST WEBER
Bought with:
Melissa Prusak
Source: WIREX MLS,MLS#: 22501578
Originating MLS: Central WI Board of REALTORS
Originating MLS: Central WI Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 5
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Bedroom 5
- Level: Main
Heating
- Natural Gas, Hot Water
Cooling
- Central Air
Features
- Basement: Partial,Partially Finished
Interior area
- Total structure area: 7,044
- Total interior livable area: 7,044 sqft
- Finished area above ground: 4,644
- Finished area below ground: 2,400
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced Yard
Lot
- Size: 0.41 Acres
- Dimensions: 120 x 150
Details
- Parcel number: 3408289
- Zoning: Residential
- Special conditions: Arms Length
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- 21+ Years
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Wisconsin Rapids
- Municipality: Wisconsin Rapids
Other
Other facts
- Listing terms: Arms Length Sale
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Sold | $250,000-13.8%$35/sqft |
Source:  WIREX MLS #22501578 Report a problem | ||
| 11/3/2025 | Contingent | $289,900$41/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 10/27/2025 | Listed for sale | $289,900$41/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 8/4/2025 | Contingent | $289,900$41/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 7/10/2025 | Price change | $289,900-3%$41/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 5/27/2025 | Price change | $299,000-9.1%$42/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 4/25/2025 | Listed for sale | $329,000+119.3%$47/sqft |
Source: WIREX MLS #22501578 Report a problem | ||
| 11/26/2007 | Sold | $150,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,671 +45% | $443,300 +105.5% |
| 2023 | $6,670 +1.3% | $215,700 |
| 2022 | $6,582 +2.2% | $215,700 |
| 2021 | $6,439 +3.5% | $215,700 |
| 2020 | $6,219 +11.6% | $215,700 +2.6% |
| 2019 | $5,571 +2% | $210,300 |
| 2018 | $5,462 +8% | $210,300 +10.6% |
| 2017 | $5,056 +0.8% | $190,200 |
| 2016 | $5,016 +0.7% | $190,200 |
| 2015 | $4,981 | $190,200 |
| 2014 | -- | $190,200 -3.4% |
| 2013 | -- | $196,800 |
| 2012 | -- | $196,800 |
| 2011 | -- | $196,800 |
| 2010 | -- | $196,800 |
| 2009 | -- | $196,800 |
| 2008 | -- | $196,800 |
| 2007 | -- | $196,800 |
| 2006 | -- | $196,800 |
| 2005 | -- | $196,800 |
| 2004 | -- | $196,800 -22.9% |
| 2003 | -- | $255,400 |
| 2002 | -- | $255,400 +7.6% |
| 2001 | -- | $237,400 |
| 2000 | -- | $237,400 |
Find assessor info on the county website
Neighborhood: 54494
Nearby schools
GreatSchools rating
- 7/10Howe Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Wisconsin Rapids Area Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10Lincoln High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Wisconsin Rapids
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Wisconsin
- Wood County
- Wisconsin Rapids
- 54494
- 521 ELM STREET
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