Date
Details
Price
Change
Source
12/01/2025
Listed
$299,987
—
MLS
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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$299,987
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Property Description
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
Full Property Details for 550 S 1st Ave
General
- Price: $299,987
- Taxes: $3,901 (2024)
- Status: Active
- Type: Triplex
- Source: Wirex_Central_Wisconsin_Board_of_Realtors_CWBR
- MLS ID: 22505575
- Updated: 12/1/2025
- Added to Site: 50 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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Schools
Schools serving 550 S 1st Ave
School District:Wausau School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Wausau, WI 720 South 6th Avenue, Wausau, WI 54401 | K-5 | 0.4 mi |
John Muir Middle School 1400 Stewart Avenue, Wausau, WI 54401 | 6-8 | 0.8 mi |
West High School, Wausau, WI 1200 West Wausau Avenue, Wausau, WI 54401 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 S 1st Ave
Estimate the Cost
Estimate the Cost for 550 S 1st Ave
550 S 1st Avenue, Wausau, WI 54401 (MLS# 22505575) is a Triplex property with 0 bedrooms and 0 full bathrooms. 550 S 1st Avenue is currently listed for $299,987 and was received on December 01, 2025. Want to learn more about 550 S 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.