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Marshfield Triplex Investment Opportunity
For Sale
$159,900

703 S CEDAR AVENUE, Marshfield, WI 54449

MULTI_FAMILY - Marshfield, WI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market142

Property Features for 703 S CEDAR AVENUE

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential, Multi-Family
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 1
Parking features Off Street
Patio and Porch features Porch
Interior features Ceiling Fan(s), Smoke Detector, Carpet, Laminate, Vinyl Floors
Appliances Refrigerator, Range
Elementary school district Marshfield
Middle school district Marshfield
High school district Marshfield
Directions Central to 4th to Cedar
Subdivision Marshfield
Standard status Active
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3604

Utilities

Heating system Forced Air

Building Details

Year built 1905
Number of units 3
Building materials Stucco, Vinyl, Wood
Roof type Shingle
Listing Agency: SUCCESS REALTY INC
Listed By: JOEL LUTTROPP · License #53732-90
Added: Apr 2 Changed: Aug 9 Last Checked: Aug 21 at 10:06PM
MLS# 22601292

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 is a three-unit rental property located in Marshfield, Wisconsin. The property consists of two units in a two-story building and one unit in a separate one-story building. The lot size is 0.15 acres. The property is located in Wood County, with the postal code 54449. The property is intended for use as a multi-family or residential income property, offering a potential investment opportunity.

Key Highlights

  • 3‑unit rental property with two upper/lower 2‑story units and one additional 1‑story unit
  • Year built: 1905
  • Forced air heating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Computer & Electronic Repair Accounting Firm Pharmacy

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

765
Businesses Nearby

Demographics for 54449, WI

26,417
Population
12,455
Households
2.1
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
172.4 sq mi
ZIP Area
153
Density / Sq Mi
$66,611
Median Household Income
$43,612
Median Earnings
$812
Median Rent
$194,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit rental property with positive cash flow in Marshfield, WI.
Where is this triplex located?
The property is located at 703 S CEDAR AVENUE Marshfield, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 3‑unit rental property with two upper/lower 2‑story units and one additional 1‑story unit; Year built: 1905; Forced air heating
More about this property
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