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Three-Unit Rental Property
For Sale
Under Contract
$292,500

2240 MAIN STREET, Stevens Point, WI 54481

Multi-Family, Stevens Point, WI

Property SizeContact for details
Days on Market47

Property Features for 2240 MAIN STREET

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 9, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Bedroom 8, Basement, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 5
Patio and Porch features Porch
Interior features Smoke Detector, Cable Hookup
Appliances Refrigerator, Range, Washer, Dryer
Directions main st
Subdivision Stevens Point
Standard status Active Under Contract

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5409

Utilities

Heating system Hot Water(Heating)

Amenities

on-site laundry

Building Details

Year built 1900
Floors in Building 2
Building materials Vinyl
Roof type Metal
Listing Agency: RE/MAX Central · RE/MAX International
Listed By: MIKE WILLIAMS · License #5044990
Added: Aug 11 Changed: Sep 14 Last Checked: Sep 26 at 12:06AM
MLS# 22603856

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 income property includes two two-bedroom apartments and one five-bedroom apartment. Each unit has basement access, and laundry facilities are available on site. The property includes refrigerators, ranges, washers, and dryers, with hot water heating, vinyl construction, a metal roof, and a porch. Built in 1900, it also features smoke detectors and cable hookups.

Located at 2240 Main Street in Stevens Point, the property is next to UWSP and near schools, medical services, and shopping. Existing leases extend into 2027, providing established occupancy arrangements for the current ownership period.

Key Highlights

  • Triplex with two 2 BR units and one 5 BR unit
  • Leases in place into 2027
  • Basement access provided for all units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Furniture & Home Goods Accounting Firm

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

944
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 - Triplex with varied unit sizes, basement access, and on-site laundry near UWSP and local services.
Where is this triplex located?
The property is located at 2240 MAIN STREET Stevens Point, WI.
What is the asking price?
The asking price for this property is $292,500.
What are key features of this property?
This property features: Triplex with two 2 BR units and one 5 BR unit; Leases in place into 2027; Basement access provided for all units
More about this property
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