Duplex with Detached
New
For Sale
$147,900
741 Jackson Street, Wausau, WI 54403
Two separate apartments share a fenced yard, alley access, and a detached two-car garage.
Property Size896 SF
Price / SF$165.07
Days on Market2
Property Features for 741 Jackson Street
General Information
Standard status
Active
Size
896 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
fenced yard
front porch
enclosed rear porch
shed
Building Details
Year Built
1886
Buildings
1
Tenancy
Multi
Listing Agency:
Jones Real Estate Group
Listed By:
Kelly Weiler
(715) 965-1234
Source:
Familytreerealtyllc
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:52AM
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 Jones Real Estate Group
Investment Insights
Based on property information with market context.
This 1886 duplex contains two separate living spaces with two bedrooms and a full bath in each unit. The main-floor apartment includes a front porch, a finished 13-by-10-foot bonus room, and access to a full basement with laundry hookups, storage, and mechanical space. The upper apartment has an enclosed rear porch and a clawfoot tub with shower. Both units have window air conditioning, and each has a 100-amp electrical panel. The property size is listed as 896 square feet.
A privacy fence encloses the yard, and alley access serves the property. The detached two-car garage measures 21 by 19 feet and has a concrete floor, partial drywall, electrical service, and a gas line for a heater. A separate shed provides additional storage. The two apartments are occupied under month-to-month leases; the landlord pays WPS and water. The property is on Jackson Street in Wausau, near shopping and city bus stops.
A privacy fence encloses the yard, and alley access serves the property. The detached two-car garage measures 21 by 19 feet and has a concrete floor, partial drywall, electrical service, and a gas line for a heater. A separate shed provides additional storage. The two apartments are occupied under month-to-month leases; the landlord pays WPS and water. The property is on Jackson Street in Wausau, near shopping and city bus stops.
Key Highlights
- Two apartments, each with two bedrooms and a full bath
- Property size listed as 896 square feet; built in 1886
- Detached two‑car garage measures 21 by 19 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,492
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,840
$149.8K
Cap Rate 7%
$107,029
$107.0K
Cap Rate 9%
$83,244
$83.2K
Market Conditions
NOI Build-Up for 896 SF
Gross rent
$11.3K $12.60/SF
− Vacancy
−$587 −$0.66/SF
EGI
$10.7K $11.94/SF
− OpEx
−$3.2K −$3.58/SF
NOI
$7.5K $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%
$149,840
Cap Rate 7%
$107,029
Cap Rate 9%
$83,244
Alternative Uses
Best Use
Multifamily LT 5
$107.0K
$93.7K – $124.9K
NOI $7,492 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$96.5K
$84.5K – $112.6K
NOI $6,756 @ 7.0% cap · market cap 4.57%
Theoretical Best
Specialty Retail
$165.5K
$144.9K – $193.1K
NOI $11,588 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments share a fenced yard, alley access, and a detached two-car garage.
Where is this duplex located?
The property is located at 741 Jackson Street Wausau, WI.
What is the asking price?
The asking price for this property is $147,900.
What are key features of this property?
This property features: Two apartments, each with two bedrooms and a full bath; Property size listed as 896 square feet; built in 1886; Detached two‑car garage measures 21 by 19 feet
