Duplex with Detached
715 Fulton Street, Wausau, WI 54403
For Sale
New
$120,000
Two vacant apartments offer separate one- and two-bedroom layouts, with a full basement and on-site parking.
Property Size1,036 SF
Price / SF$115.83
Days on Market4
Property Features for 715 Fulton Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
First Weber
Listed By:
Kelly Weiler
(715) 965-1234
Source:
Familytreerealtyllc
Added: Nov 4
Last Checked: Nov 6 at 8:31AM
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 First Weber
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Investment Insights
Based on property information with market context.
At 715 Fulton Street in Wausau, this 1900-built duplex contains two vacant apartments. The upper unit has one bedroom and one bathroom; the lower unit has two bedrooms and one bathroom. The property includes a full basement, a detached one-car garage, and additional parking. The recorded property size is 1,036 square feet.
Both apartments are vacant, and the unit mix pairs a one-bedroom layout with a two-bedroom layout. A prior monthly rent figure is not included in this description.
Both apartments are vacant, and the unit mix pairs a one-bedroom layout with a two-bedroom layout. A prior monthly rent figure is not included in this description.
Key Highlights
- Two‑unit property with one‑bedroom and two‑bedroom apartments
- Upper apartment: 1 bedroom and 1 bathroom
- Lower apartment: 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,662
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,240
$173.2K
Cap Rate 7%
$123,743
$123.7K
Cap Rate 9%
$96,244
$96.2K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$13.1K $12.60/SF
− Vacancy
−$679 −$0.66/SF
EGI
$12.4K $11.94/SF
− OpEx
−$3.7K −$3.58/SF
NOI
$8.7K $8.36/SF
Area
Marathon County, WI
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,240
Cap Rate 7%
$123,743
Cap Rate 9%
$96,244
Alternative Uses
Best Use
Multifamily LT 5
$123.7K
$108.3K – $144.4K
NOI $8,662 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$111.6K
$97.6K – $130.2K
NOI $7,811 @ 7.0% cap · market cap 6.51%
Theoretical Best
Specialty Retail
$191.4K
$167.5K – $223.3K
NOI $13,399 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
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Business Placement
Demographics for 54403, WI
24,712
Population
11,171
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
133.6 sq mi
ZIP Area
185
Density / Sq Mi
$66,040
Median Household Income
$41,670
Median Earnings
$942
Median Rent
$179,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant apartments offer separate one- and two-bedroom layouts, with a full basement and on-site parking.
Where is this duplex located?
The property is located at 715 Fulton Street Wausau, WI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit property with one‑bedroom and two‑bedroom apartments; Upper apartment: 1 bedroom and 1 bathroom; Lower apartment: 2 bedrooms and 1 bathroom
