119-121 RIVER STREET, Wausau, WI 54401
MULTI_FAMILY - Wausau, WI
- Added:
- Apr 24, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 22 at 2:06 am
Property Features for 119-121 RIVER STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1
- Interior features
- Ceiling Fan(s), Smoke Detector, Garage Door Opener, Primary Bath, Walk-In Closet(s), Vinyl Floors
- Appliances
- Refrigerator, Range, Dishwasher, Washer, Dryer
- Standard status
- Active
- Size
- 3,344 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2000
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Roof type
- Shingle
Listing agent AUSTIN SOLOMON License #8143394 (715) 212-4693
Listing office COLDWELL BANKER ACTION 928 GRAND AVENUE, Schofield, WI (715) 359-0521
Listing date Apr 24, 2026
Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key duplex with extensively updated units, each featuring 3 bedrooms and 2 full bathrooms.
- Each unit includes an attached 2‑car garage and main‑level laundry for added convenience.
- Modern, open‑concept layout with updated kitchens featuring stainless steel appliances and granite countertops.
- Located on a quiet road near scenic walking trails along the Wisconsin River, with a short commute to downtown Wausau and Rib Mountain.
- Separate utilities for each unit provide added ease for tenants and landlords.
- Each unit offers 1,672 square feet of living space with ample storage, including walk‑in closets.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $12.60 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $39.9k | $11.94 |
| − OpEx | −$12.0k | −$3.58 |
| NOI | $28.0k | $8.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.633949
- Latitude
- 44.949479
