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$449,900
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Property Description
Generate rental income while enjoying the benefits of homeownership with this beautifully updated duplex! Whether you're looking to owner-occupy or expand your investment portfolio, this turn-key property offers exceptional flexibility. Unit 119 is currently leased for 1,895 per month, with the tenant responsible for utilities, while Unit 121 is vacant and move-in ready - perfect for an owner-occupant or ready to rent at a comparable market rate. Ideally located on a quiet street in the City of Wausau, this property is just minutes from scenic Wisconsin River walking trails, downtown Wausau, and Rib Mountain, offering convenience, recreation, and strong long-term investment potential. Each side features 3 bedrooms, 2 full bathrooms, 1,672 square feet of living space, main-level laundry, and an attached 2-car garage. Both units have been extensively updated with modern finishes throughout. The open-concept main level showcases luxury vinyl plank flooring, fresh paint, updated lighting, and a bright, functional layout designed for today's lifestyle.,The kitchens have been completely renovated with stainless steel appliances, granite countertops, tile backsplashes, undermount sinks, and ample cabinet space. A main-level bedroom offers flexibility for guests, a home office, or convenient single-level living, along with direct access to the updated full bath featuring dual vanities and a beautifully tiled shower surround. Additional main-level amenities include a utility closet with forced-air heating, central air conditioning, and a US Water water softener. Generous storage is found throughout each unit with oversized closets and under-stair storage. Upstairs, you'll find two additional bedrooms, including one with a spacious walk-in closet, plus a second fully updated bathroom complete with a dual-sink vanity, tiled shower surround, and linen closet. The property offers separate utilities for each unit, simplifying management for landlords and providing added convenience for tenants. Built on a slab with no basement, this low-maintenance duplex is ideal for investors and owner-occupants alike. Don't miss this rare opportunity to own a modern, income-producing property in a desirable Wausau location. Schedule your private showing today!
Full Property Details
Full Property Details for 119-121 River St
General
- Price: $449,900
- Taxes: $5,171 (2025)
- Status: Active
- Type: Duplex
- Source: Wirex_Central_Wisconsin_Board_of_Realtors_CWBR
- MLS ID: 22601641
- Updated: 7/14/2026
- Added to Site: 125 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Smoke Detector(s), Walk-In Closets, Utility Room
- Appliances: Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
Rooms
Bathrooms
- Bathroom: Master Bedroom Bath
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Opener Included, 4 Car
Location
- Municipality: Wausau
- County: Marathon
- Driving Directions: W Thomas-Emter-River St
School Information
- School District: Wausau
- High School: Wausau
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer, Separate Meter
- Utility Description: Separate Electric Meters, Separate Heat, Separate Gas Meters
Structural Information
- Description/Design: Duplex, 2 Story
- Exterior Const.: Vinyl
- Basement Desc.: None/Slab
- Roof: Shingle
- Year Built: 2000
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1672
- Bedrooms: 3
Unit 2
- Square Feet: 1672
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 7,405
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $5,171
- Tax Year: 2025
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Price & Sales History for 119-121 River St
Date
Details
Price
Change
Source
6/30/2026
Price Reduced
$449,900
-3.66%
MLS
4/24/2026
Listed
$467,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 119-121 River St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,171
-2%
$276,200
—
2024
$5,274
8%
$276,200
43%
2023
$4,889
6%
$193,800
7%
2022
$4,633
5%
$180,600
—
2021
$4,402
-1%
$180,600
—
2020
$4,465
-2%
$180,600
5%
2019
$4,569
12%
$172,400
10%
2018
$4,082
4%
$156,500
—
2017
$3,938
3%
$156,500
—
2016
$3,831
-2%
$156,500
—
2015
$3,928
-8%
$156,500
-12%
2014
$4,261
1%
$178,000
—
2013
$4,219
—
$178,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 119-121 River St
119-121 River Street, Wausau, WI 54401 (MLS# 22601641) is a Duplex property with 0 bedrooms and 0 full bathrooms. 119-121 River Street is currently listed for $449,900 and was received on April 24, 2026. Want to learn more about 119-121 River Street? Do you have questions about finding other Duplex real estate for sale in Wausau? You can browse all Wausau real estate or contact a Coldwell Banker agent to request more information.
