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Five-Unit Townhouse-Style Apartment Building
For Sale
$1,250,000

725 PRENTICE STREET, Stevens Point, WI 54481

The property includes individual laundry equipment, kitchen appliances, and private off-street parking.

Property SizeContact for details
Days on Market95

Property Features for 725 PRENTICE STREET

General Information

Standard status Active
Property subtype Multi-Family
Zoning R-4

Additional Details

Multifamily Units 5

Amenities

coin-operated washer and dryer
off-street parking

Building Details

Year Built 2001
Listed By: Stevens Point Realty Inc.
Source: Stevenspointre.idxbroker
Added: Aug 2 Changed: Oct 25 Last Checked: Nov 3 at 3:03AM

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 Stevens Point Realty Inc.

Rey
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Investment Insights

Based on property information with market context.

Built in 2001, this five-unit townhouse-style apartment property is configured for residential income use and carries R-4 zoning. The complex is currently operated as college student housing, with leases extending through summer 2027. Each residence includes a refrigerator, range, and dishwasher, along with an owner-owned coin-operated washer and dryer. Individual air makeup exchangers serve the units.

A private off-street parking lot supports the property. Tenants pay water, sewer, and electricity, while ownership covers heat, garbage, and recycling. The roof was replaced approximately 10 years ago, adding a documented capital improvement to the property’s physical profile.

Key Highlights

  • Five‑unit townhouse‑style apartment complex built in 2001
  • R‑4 zoning and current college student rental use
  • Current leases extend through summer 2027

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby

Demographics for 54481, WI

28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property includes individual laundry equipment, kitchen appliances, and private off-street parking.
Where is this apartment building located?
The property is located at 725 PRENTICE STREET Stevens Point, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Five‑unit townhouse‑style apartment complex built in 2001; R‑4 zoning and current college student rental use; Current leases extend through summer 2027
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