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    823 S 3Rd Ave Wausau, WI 54401

    New
    For Sale
    $150,000

    2 Story, Duplex - Wausau, WI

    Type:Duplex
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 823 S 3Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Interior features
    Ceiling Fan(s)
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator

    Utilities

    Heating system
    Forced Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX EXCEL (715) 849-5544 [email protected]

    Listing agent CHRIS GILGE (715) 849-5544 License #113812 - 94

    Listing date Dec 3, 2025

    MLS# 22504998 Listing URL

    Copyright © 2025 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.

    Overview

    Wausau Duplex with Income Potential

    This upper and lower duplex in Wausau, WI, features two 2-bedroom, 1-bath units. Each unit includes its own stove and refrigerator, with a shared washer and dryer located in the basement. The upper unit is currently rented at $650 per month, while the lower unit is vacant and has a market rent potential of $950 per month. The property has separate 100-amp electric panels, updated furnaces and water heater, newer vinyl replacement windows, newer LVP flooring in the lower unit, and updated plumbing. The roof is approximately 15 years old. Additionally, the property includes a 2-car garage structure and a bonus front room with a separate entrance, suitable for a home office or a third bedroom. This property is zoned residential and is ideal for investors or owner-occupants seeking steady income and long-term value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.63913
    Latitude
    44.952766

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with strong rental history and updated systems.
    Where is this duplex located?
    The property is located at 823 S 3Rd Ave Wausau, WI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Turnkey duplex with strong rental history and income potential.; - Two 2-bedroom, 1-bath units, offering flexibility for tenants or owner-occupancy.; - Updated furnaces, water heater, separate 100-amp electric panels, and newer vinyl replacement windows.
    (715) 849-5544
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    823 S 3Rd Ave Wausau, WI 54401
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