225 N 4TH AVENUE, Wausau, WI 54401
MULTI_FAMILY - Wausau, WI
- Added:
- Apr 23, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 12 at 4:06 am
Property Features for 225 N 4TH AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Basement, Bathroom 2, Bedroom 3
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Interior features
- Smoke Detector, Window Treatments, Walk-In Closet(s), Laminate, Wood Floors
- Appliances
- Refrigerator, Range, Microwave, Washer, Dryer
- Standard status
- Active Under Contract
- Size
- 2,000 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2254
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1903
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Roof type
- Shingle
Listing agent JON WASLESKE License #77207-94 (818) 522-0605
Listing office JONES REAL ESTATE GROUP 325 Jefferson Street, Ste 150, Schofield, WI (800) 746-9464
Listing date Apr 23, 2026
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.
HighLights
- Turnkey duplex, fully furnished and ready for immediate income generation as a short‑term rental.
- Separate water, electric, and gas meters for each unit simplify utility management.
- Extensive recent renovations including roof, windows, siding, chimney, updated electrical/plumbing, new water meters, lead pipe removal, appliances, flooring, and water heaters.
- Ideally located on Wausau's west side, minutes from downtown, hospitals, and highway access.
- Each unit features 2 bedrooms, 1 bathroom, and approximately 1,000 sq ft of updated living space.
- Upper unit includes in‑unit laundry and a bonus room.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $12.60 |
| − Vacancy | −$1.3k | −$0.66 |
| EGI | $23.9k | $11.94 |
| − OpEx | −$7.2k | −$3.58 |
| NOI | $16.7k | $8.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.640106
- Latitude
- 44.965388
