Accessible Four-Unit Condominium
For Sale
$1,300,000
305 W Prospect Street, Thorp, WI 54771
Four residences offer private garages, four-season porches, in-unit laundry, and step-free access throughout the development.
Property Size6,246 SF
Lot Size1.60 Acres
Price / SF$208.13
Days on Market14
Property Features for 305 W Prospect Street
General Information
Standard status
Active
Size
6,246 SF
Total Parking Spaces
8
Lot size
1.60 Acres
Property subtype
Multi-Family
Units
Unit Mix
3 x 2BR/1BA, 1 x 1BR/2BA
Multifamily Units
4
Parking per Unit
2
Amenities
four-season porch
in-unit washer and dryer
wall AC units
in-floor heat
paved community patio
detached common garage
Building Details
Year Built
1992
Listing Agency:
Counselor Realty Detroit Lakes
(612) 445-4981
Listed By:
The Antonov Group
(612) 445-4981
Source:
Theantonovgroup
Added: Aug 16
Changed: Aug 28
Last Checked: Aug 29 at 9:07AM
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 Counselor Realty Detroit Lakes
Investment Insights
Based on property information with market context.
This 1992 condominium property contains four residences in a free-span structure. Three units have two bedrooms and one full bath, while the fourth includes one bedroom and two full baths. The end units measure 1,167 square feet each, and the center units measure 1,132 square feet each. Every residence includes a four-season porch, in-unit washer and dryer, and an attached 484-square-foot two-car garage. The property is fully wheelchair accessible, with no interior or exterior steps.
A 1,640-square-foot common area includes in-floor heat, a full kitchen, wall AC units, and a full bath with walk-in shower. Additional improvements include a paved community patio, landscaped grounds, and a detached common garage. The approximately 1.6-acre setting includes a stream along the rear of the property. Potential applications identified for the property include long-term rental, vacation rental, family compound, workforce housing, and healthcare-related uses subject to buyer verification and local approvals.
A 1,640-square-foot common area includes in-floor heat, a full kitchen, wall AC units, and a full bath with walk-in shower. Additional improvements include a paved community patio, landscaped grounds, and a detached common garage. The approximately 1.6-acre setting includes a stream along the rear of the property. Potential applications identified for the property include long-term rental, vacation rental, family compound, workforce housing, and healthcare-related uses subject to buyer verification and local approvals.
Key Highlights
- Four condominium units: three 2‑bedroom, 1‑bath residences and one 1‑bedroom, 2‑bath residence
- End units measure 1,167 SF each; center units measure 1,132 SF each
- Every unit includes a 484 SF attached two‑car garage, four‑season porch, and washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 54771, WI
4,421
Population
1,549
Households
2.9
Avg Household Size
34
Median Age
13%
College-Educated
78%
High-School Grad
149.4 sq mi
ZIP Area
30
Density / Sq Mi
$66,955
Median Household Income
$38,125
Median Earnings
$861
Median Rent
$178,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer private garages, four-season porches, in-unit laundry, and step-free access throughout the development.
Where is this quadplex located?
The property is located at 305 W Prospect Street Thorp, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four condominium units: three 2‑bedroom, 1‑bath residences and one 1‑bedroom, 2‑bath residence; End units measure 1,167 SF each; center units measure 1,132 SF each; Every unit includes a 484 SF attached two‑car garage, four‑season porch, and washer and dryer
