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$289,987

  • For Sale
  • Active
  • Triplex
  • 1 Car Garage
See This Home
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Excellent investment opportunity! This well-maintained triplex features three units: an upper-level 2-bed, 1-bath unit rented for $1,000; a main-level 2-bed, 1-bath unit rented for $1,100; and a lower-level studio. The lower unit is currently vacant due to scheduled basement work, which will be completed by the seller. Prior to the work, the studio rented for $850 per month. The property is situated in an excellent location with water views and overlooks the city of Wausau. Overall building condition is A+. Seller is a Real Estate Broker

Full Property Details for 550 1st Ave

General

  • Price: $289,987
  • Taxes: $3,901 (2024)
  • Status: Active
  • Type: Triplex
  • Source: Wirex_Central_Wisconsin_Board_of_Realtors_CWBR
  • MLS ID: 22505575
  • Updated: 4/29/2026
  • Added to Site: 163 day(s) ago

Exterior

  • Exterior Features: Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: 1 Car

Location

  • Municipality: Wausau
  • County: Marathon
  • Driving Directions: corner of S 1st and S 2nd

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
  • Utility Description: Separate Electric Meters, Separate Heat, Separate Gas Meters

Structural Information

  • Description/Design: TriPlex, 2 Story
  • Exterior Const.: Vinyl
  • Roof: Shingle
  • Year Built: 1910

Unit Information

  • Units in Building: 3

Unit 1

  • Square Feet: 1260

Unit 2

  • Square Feet: 1260
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $3,901
  • Tax Year: 2024

Listed by Amaximmo Llc

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Listing agents

— 550 1st Ave —

  • Amaximmo Llc

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 550 1st Ave

School District:Wausau School District
NameGradesDistance
Lincoln Elementary School, Wausau, WI
720 South 6th Avenue, Wausau, WI 54401
K-50.4 mi
John Muir Middle School
1400 Stewart Avenue, Wausau, WI 54401
6-80.8 mi
West High School, Wausau, WI
1200 West Wausau Avenue, Wausau, WI 54401
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$289,987
-3.33%
MLS
12/01/2025
Listed
$299,987
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Amaximmo Llc

550 1st Avenue, Wausau, WI 54401 (MLS# 22505575) is a Triplex property with 0 bedrooms and 0 full bathrooms. 550 1st Avenue is currently listed for $289,987 and was received on December 01, 2025. Want to learn more about 550 1st Avenue? Do you have questions about finding other Triplex real estate for sale in Wausau? You can browse all Wausau real estate or contact a Coldwell Banker agent to request more information.

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