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3-Unit Multifamily Property
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 Market189

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 4, Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 2, 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: Oct 5 Last Checked: Oct 7 at 7:06AM
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.

The property contains three rental units across two buildings: two units occupy a two-story structure, while the third is in a separate single-story building. The 0.15-acre parcel includes off-street parking and a porch. Interior features include ceiling fans, smoke detectors, and carpet, laminate, and vinyl flooring; refrigerators and ranges are also present. Forced-air heat serves the property, which was built in 1905.

Located at 703 S Cedar Avenue in Marshfield, the property requires 48 hours’ notice for access.

Key Highlights

  • Three rental units across two buildings
  • Two units are in a two‑story building; the third is in a separate single‑story building
  • 0.15‑acre parcel

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Barber Shop Garden Center (Bike/Boat/Book/etc) Store Accounting Firm Carpet & Flooring Store

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
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?
Multifamily property - Two separate buildings provide a mix of two-story and single-story residential space.
Where is this multifamily property 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: Three rental units across two buildings; Two units are in a two‑story building; the third is in a separate single‑story building; 0.15‑acre parcel
More about this property
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