Closed

$275,000

550 S 1ST AVENUE, Wausau, WI 54401

4beds

3,657sqft

Multi Family, Triplex

Built in 1910

-- sqft lot

$276,700 Zestimate^®

$75/sqft

$1,089 Estimated rent

Home value

$276,700

$202,000 - $379,000

$1,089/mo

Zestimate^® history

Owner options

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$1,089/mo

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$1,089/mo

Rent Zestimate^®

Refinance and save

$1,796/mo

Est. payment

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$1,796/mo

Est. payment

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What's special

Lower-level studio

Excellent investment opportunity! This well-maintained triplex features three units: an upper-level 2-bed, 1-bath unit rented for $1,000; a main-level 2-bed, 1-bath unit rented for $1,100; and a lower-level studio. The lower unit is currently vacant due to scheduled basement work, which will be completed by the seller. Prior to the work, the studio rented for $850 per month. The property is situated in an excellent location with water views and overlooks the city of Wausau. Overall building condition is A+. Seller is a Real Estate Broker

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Forced Air

Features

Has fireplace: No

Interior area

Total structure area: 3,657
Total interior livable area: 3,657 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car
Garage spaces: 1

Features

Levels: Two
Stories: 2
Patio & porch: Porch

Lot

Size: 5,662 Square Feet
Dimensions: 0.13

Details

Parcel number: 29129073510016
Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Triplex

Materials

Vinyl Siding
Roof: Shingle

Condition

21+ Years
New construction: No
Year built: 1910

Utilities & green energy

Electric: Separate Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: Separate Electric Meters, Separate Heat, Separate Gas Meters

Community & HOA

Location

Region: Wausau
Municipality: Wausau

Financial & listing details

Price per square foot: $75/sqft
Tax assessed value: $205,200
Annual tax amount: $3,901
Date on market: 12/1/2025

Price history

Date	Event	Price
6/1/2026	Sold	$275,000-5.2%$75/sqft
Source: WIREX MLS #22505575 Report a problem
4/17/2026	Contingent	$289,987$79/sqft
Source: WIREX MLS #22505575 Report a problem
2/16/2026	Price change	$289,987-3.3%$79/sqft
Source: WIREX MLS #22505575 Report a problem
12/1/2025	Listed for sale	$299,987+50%$82/sqft
Source: WIREX MLS #22505575 Report a problem
12/20/2024	Sold	$200,000$55/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,901 +2.5%	$205,200 +35.4%
2023	$3,807 +0%	$151,600
2022	$3,806 +3.3%	$151,600
2021	$3,683 -1.4%	$151,600
2020	$3,736 +10.8%	$151,600 +18.4%
2019	$3,373 +1.4%	$128,000
2018	$3,325 +3.7%	$128,000
2017	$3,207 +2.8%	$128,000
2016	$3,119 -2.5%	$128,000
2015	$3,199 -1.1%	$128,000 -5.8%
2014	$3,236 +1%	$135,900
2013	$3,205 -0.4%	$135,900
2012	$3,216 -2.9%	$135,900
2011	$3,311 -0.5%	$135,900
2010	$3,329 +13.5%	$135,900 +11.5%
2009	$2,933 +2.5%	$121,900
2008	$2,862 +1.2%	$121,900
2007	$2,829 +0.5%	$121,900 +10.3%
2006	$2,815 -0.2%	$110,500
2005	$2,822 -1.8%	$110,500
2004	$2,874 +15.4%	$110,500 +38.5%
2003	$2,491 +0.3%	$79,800
2002	$2,484	$79,800