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
$175,000 Zestimate®
$59/sqft
$773 Estimated rent
Home value
$175,000
$152,000 - $198,000
$773/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 03:09am
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 |
|---|---|---|
| 9/22/2025 | Listing removed | $695 |
Source: Zillow Rentals | ||
| 8/19/2025 | Price change | $695-12.6% |
Source: Zillow Rentals | ||
| 7/31/2025 | Price change | $795-11.2% |
Source: Zillow Rentals | ||
| 7/23/2025 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals | ||
| 5/28/2025 | Sold | $105,000-12.4%$59/sqft |
Source:  WIREX MLS #22501462 | ||
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 |
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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$175,000
2% more+ $3,500
With Zillow Showcase(estimated)
$178,500