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Two-Unit Duplex with Alley Parking
New
For Sale
$169,900

209 N 2ND AVENUE, Wausau, WI 54401

Multi-Family, Wausau, WI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market1

Property Features for 209 N 2ND AVENUE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 3
Parking features Alley, Off Street
Patio and Porch features Porch
Interior features Ceiling Fan(s), Smoke Detector
Appliances Refrigerator, Range, Dishwasher
Directions See additional remarks
Subdivision Wausau
Standard status Active
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1825

Utilities

Heating system Forced Air

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials Vinyl
Roof type Shingle
Listing Agency: HOMZ4U2, LLC
Listed By: JO DRESEN · License #51936-90
Added: Nov 3 Last Checked: Nov 3 at 4:06PM
MLS# 22605496

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.

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Investment Insights

Based on property information with market context.

This Wausau duplex, built in 1890, contains two apartments with matching basic layouts: two bedrooms, one full bath, a living room, and a kitchen. The lower apartment received a 2019 remodel that included new wiring and a replacement furnace. Each unit has its own furnace, water heater, and 100 AMP electrical panel. Appliances include ranges and refrigerators in both units, with a dishwasher in the lower apartment. The upper unit’s second bedroom has no closet, and new wiring is in place for a future remodel. Windows were replaced in 2017, the upper unit’s carpet in 2019, and its water heater in 2023. The property also has front and rear porches, a basement, and a 0.08-acre lot.

The paved parking area accommodates up to three vehicles and connects to an alley. The water line from the basement to the street was replaced by the City of Wausau in 2025. The upper unit’s lease runs through September 30, 2027; the lower unit’s lease ends June 28, 2027. Tenants handle snow removal, while the owner maintains the lawn.

Key Highlights

  • Two apartments, each with two bedrooms, one full bath, a living room, and a kitchen
  • Lower unit remodeled in 2019; work included new wiring and a replacement furnace
  • Windows replaced in 2017; upper‑unit carpet replaced in 2019 and water heater in 2023

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,063
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
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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 apartments have two bedrooms, a full bath, a living room, and a kitchen.
Where is this duplex located?
The property is located at 209 N 2ND AVENUE Wausau, WI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two apartments, each with two bedrooms, one full bath, a living room, and a kitchen; Lower unit remodeled in 2019; work included new wiring and a replacement furnace; Windows replaced in 2017; upper‑unit carpet replaced in 2019 and water heater in 2023
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