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Triplex with Leased Units
For Sale
$249,900

1964 STRONGS AVENUE, Stevens Point, WI 54481

Multi-Family, Stevens Point, WI

Property SizeContact for details
Days on Market47

Property Features for 1964 STRONGS AVENUE

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Basement
Patio and Porch features Deck
Interior features Smoke Detector, Cable Hookup, Window Treatments
Appliances Refrigerator, Range, Washer, Dryer
Directions Strongs Ave
Subdivision Stevens Point
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5232

Utilities

Heating system Forced Air

Building Details

Year built 1896
Floors in Building 2
Number of units 3
Building materials Vinyl
Roof type Shingle
Listing Agency: RE/MAX Central · RE/MAX International
Listed By: MIKE WILLIAMS · License #5044990
Added: Aug 10 Changed: Sep 14 Last Checked: Sep 25 at 11:06PM
MLS# 22603832

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 three-unit residential property includes one three-bedroom unit, one two-bedroom unit, and one one-bedroom unit. Existing leases extend well into 2027, providing established tenancy across the property. The 1896 building features vinyl construction, a shingle roof, forced-air heating, and a deck. Interior amenities include window treatments, cable hookups, and smoke detectors, with refrigerators, ranges, washers, and dryers included.

On-site parking serves the property, which is located near schools, medical services, and shopping in Stevens Point. The unit mix offers multiple residential layouts within a single multifamily asset, while the existing lease term and included appliances provide useful operating context for prospective ownership.

Key Highlights

  • Triplex with one 3 BR, one 2 BR, and one 1 BR unit
  • Leases in place well into 2027
  • Built in 1896 with vinyl construction and a shingle roof

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Accounting Firm Catering Service Plumbing Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

Demographics for 54481, WI

28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
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?
Triplex - Unit layouts include three-, two-, and one-bedroom configurations.
Where is this triplex located?
The property is located at 1964 STRONGS AVENUE Stevens Point, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Triplex with one 3 BR, one 2 BR, and one 1 BR unit; Leases in place well into 2027; Built in 1896 with vinyl construction and a shingle roof
More about this property
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