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  • $250,000

    940 1ST STREET NORTH, Wisconsin Rapids, WI 54494

    5beds
    3,000sqft
    Multi Family, Triplex
    Built in 1884
    -- sqft lot
    $250,600 Zestimate®
    $83/sqft
    $1,168 Estimated rent

    Home value

    $250,600

    $221,000 - $278,000

    $1,168/mo

    Zestimate® history
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    $1,716/mo

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    What's special

    Modern updatesFreshly paintedNew laminateFaux wood blindsHardwood floorsNew led lightingLaundry hook ups
    Amazing investment opportunity close to downtown that includes three units: one 3 bedroom, 1 bath and two 1 bedroom, 1 bath units. The interior of the two smaller units of this triplex are newly renovated; the larger unit has some modern updates, but maintains the beauty and character of the original home. The spaces feature a mixture of hardwood floors, new laminate, and tiled bathrooms and all have new, elongated lavatories. A custom made staircase in the upper unit leads to a beautifully redone 400 sq ft loft on the third story of the building. Two units have been freshly painted and have all new LED lighting and faux wood blinds. The brand new, energy efficient infrared electric wall heating systems will be a huge plus for tenants of the two smaller units. The larger unit has a brand new water heater. Both newly redone decks overlook the Wisconsin River and are accessible to all units. The property sits on approximately .5 acres and boasts two separate one stall garages and three parking areas. Rent roll sits at $2,355/month, currently; Per seller the largest unit is rented at,well below market value. Most units are on short term leases. Tenants pay all utilities and lawn care and snow removal is the responsibility of the tenant in 940. Laundry hook ups are available in the basement. This is one of multiple units in a portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    SCOTT STANKOWSKI Phone:715-321-2825,

    EXIT REALTY CW,

    Brandon Taylor 715-340-8698,

    EXIT REALTY CW

    Bought with:

    Zachary Brocken

    Source: WIREX MLS,MLS#: 22233347MLS LogoOriginating MLS: Central WI Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.37 Acres
    • Dimensions: 107 x 149
    Details
    • Parcel number: 3405673

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1884

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Wisconsin Rapids
    • Municipality: Wisconsin Rapids

    Price history

    DateEventPrice
    1/16/2026Sold$250,000+31.6%$83/sqft
    Source: Public Record Report a problem
    10/27/2023Sold$190,000-5%$63/sqft
    Source: WIREX MLS #22233347 Report a problem
    9/14/2023Listed for sale$199,900$67/sqft
    Source: Exit Realty #22233347 Report a problem
    8/23/2023Contingent$199,900$67/sqft
    Source: WIREX MLS #22233347 Report a problem
    8/3/2023Listed for sale$199,900+140.8%$67/sqft
    Source: WIREX MLS #22233347 Report a problem
    6/24/2022Sold$83,000+79.7%$28/sqft
    Source: Public Record Report a problem
    2/7/2005Sold$46,200$15/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,938 +36.5%$180,500 +93.5%
    2023$2,885 +36.6%$93,300 +34.8%
    2022$2,111 +2.2%$69,200
    2021$2,066 +3.5%$69,200
    2020$1,995 +11.7%$69,200
    2019$1,785 +2.1%$69,200
    2018$1,748 +16.1%$69,200 +18.3%
    2017$1,506 +0.9%$58,500
    2016$1,493 -0.4%$58,500
    2015$1,499 $58,500
    2014-- $58,500 +7.7%
    2013-- $54,300
    2012-- $54,300
    2011-- $54,300
    2010-- $54,300
    2009-- $54,300
    2008-- $54,300
    2007-- $54,300 -18.5%
    2006-- $66,600
    2005-- $66,600
    2004-- $66,600
    2003-- $66,600
    2002-- $66,600
    2001-- $66,600
    2000-- $66,600

    Find assessor info on the county website

    Neighborhood: 54494

    Nearby schools

    GreatSchools rating
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