Search
Bi-Level Duplex with Garages
New
For Sale
$339,900

150605 Arrowood Lane, Wausau, WI 54401

Both residences have two bedrooms, dedicated laundry, and mirrored floor plans.

Property Size2,184 SF
Lot Size0.84 Acres
Price / SF$155.63
Days on Market3

Property Features for 150605 Arrowood Lane

General Information

Standard status Active
Size 2,184 SF
Total Parking Spaces 3
Lot size 0.84 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Road Access Yes

Building Details

Year Built 1979
Buildings 1
Listing Agency: Woodland Lakes Realty, LLC
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodland Lakes Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,184-square-foot duplex contains two mirrored bi-level residences on a 0.842-acre parcel. Each side has a living room, kitchen, and half bath upstairs, with two bedrooms, a full bathroom, and dedicated washer and dryer downstairs. Garage accommodations differ: one unit has an attached two-car garage, while the other has a detached one-car garage. The roof replacement is scheduled for completion before closing.

The property sits at the end of a dead-end road and is surrounded by mature trees. A tenant occupies the right-side unit under a lease running through July 2027, renewed in August 2026.

Key Highlights

  • Two mirrored units, each with 2 bedrooms and 1.5 bathrooms
  • 2,184 square feet on a 0.842‑acre lot
  • Bi‑level layouts include dedicated washers and dryers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,261
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,220 $365.2K
Cap Rate 7%
$260,871 $260.9K
Cap Rate 9%
$202,900 $202.9K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$27.5K $12.60/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$26.1K $11.94/SF
− OpEx
−$7.8K −$3.58/SF
NOI
$18.3K $8.36/SF
Area
Marathon County, WI
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,220
Cap Rate 7%
$260,871
Cap Rate 9%
$202,900

Alternative Uses

Best Use
Multifamily LT 5
$260.9K
$228.3K – $304.4K (±1% cap)
NOI $18,261 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$235.2K
$205.8K – $274.5K (±1% cap)
NOI $16,467 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$403.5K
$353.1K – $470.8K (±1% cap)
NOI $28,246 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Travel Agency

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 54401, WI

31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms, dedicated laundry, and mirrored floor plans.
Where is this duplex located?
The property is located at 150605 Arrowood Lane Wausau, WI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Two mirrored units, each with 2 bedrooms and 1.5 bathrooms; 2,184 square feet on a 0.842‑acre lot; Bi‑level layouts include dedicated washers and dryers
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again