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5-Unit Apartment Building
For Sale
$850,000

3004-3012 ROSS AVENUE, Weston, WI 54476

Multi-Family, Weston, WI

Property Size6,144 SF
Lot Size0.41 Acres
Price / SF$138.35
Days on Market99

Property Features for 3004-3012 ROSS AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 14
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 9, Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 13, Bedroom 14, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 8, Bedroom 4, Bedroom 3, Bedroom 11, Bathroom 6, Bathroom 3, Bedroom 12, Bathroom 2, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 5, Bathroom 7, Bathroom 5
Interior features Ceiling Fan(s), Vinyl Floors, Wood Floors
Appliances Dishwasher, Range, Refrigerator
Directions SEE ADDITIONAL REMARKS
Subdivision Wausau
Standard status Active
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

gas fireplaces
private decks

Building Details

Year built 1993
Floors in Building 2
Building materials Brick, Vinyl, Wood
Roof type Shingle
Listing Agency: REMAX EXCEL · RE/MAX International
Listed By: VICKI SCHAAR · License #5068894
Added: Jun 30 Changed: Oct 5 Last Checked: Oct 6 at 9:06PM
MLS# 22603101

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.

Investment Insights

Based on property information with market context.

This five-unit apartment property spans 6,144 square feet on a 0.41-acre parcel. Unit interiors feature open layouts, oak kitchen cabinets, snack bars, and patio doors leading to private decks. Ranges and refrigerators are included, and several apartments have gas fireplaces. Flooring and paint have been updated in some units. Building materials include cedar siding, brick trim, and aluminum fascia and soffits.

One unit is owner-occupied, three are rented under month-to-month agreements, and one is vacant and being painted. Exterior work is underway, including painting, gutter repairs, deck-board replacement, and replacement of compromised wood. The property has forced-air heating and central air conditioning.

Key Highlights

  • Five apartments across 6,144 square feet on 0.41 acres
  • Three units rented month‑to‑month; one owner‑occupied and one vacant
  • Private decks, patio doors, oak kitchen cabinets, and snack bars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,325
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,500 $926.5K
Cap Rate 7%
$661,786 $661.8K
Cap Rate 9%
$514,722 $514.7K
Market Conditions
NOI Build-Up for 6,144 SF
Gross rent
$88.5K $14.40/SF
− Vacancy
−$4.2K −$0.69/SF
EGI
$84.2K $13.71/SF
− OpEx
−$37.9K −$6.17/SF
NOI
$46.3K $7.54/SF
Area
Marathon County, WI
Vacancy
4.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,500
Cap Rate 7%
$661,786
Cap Rate 9%
$514,722

Alternative Uses

Best Use
Apartment 5plus
$661.8K
$579.1K – $772.1K (±1% cap)
NOI $46,325 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.14M
$993.3K – $1.32M (±1% cap)
NOI $79,460 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Kitchen & Bath Showroom Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 54476, WI

19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Oak cabinetry, private decks, and included kitchen appliances distinguish the units.
Where is this apartment building located?
The property is located at 3004-3012 ROSS AVENUE Weston, WI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five apartments across 6,144 square feet on 0.41 acres; Three units rented month‑to‑month; one owner‑occupied and one vacant; Private decks, patio doors, oak kitchen cabinets, and snack bars
More about this property
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