$654,900
SOLD SEP 12, 2025

2217 Sims Ave Stevens Point, WI 54481

20 Beds
5 Baths
5,016 Sq Ft
0.34 Acres

Recently Sold

$131 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • 4 Car Detached Garage
  • Brick or Stone Mason
  • 3-minute walk to Stevens Point Parks & Rec Department

About This Home

As of September 2025

Location, Location, Location! Well maintained and turn-key student rental opportunity half a block from the UWSP DUC. The property consists of two buildings on two adjacent parcels. The 2217-2219 building features two units, 5 bedrooms each. The 2221-2225 building features two 4-bedroom units, and one 2 bedroom unit. All bedrooms are filled for the 2025-2026 school year at $1,780/student/semester, for an impressive annual gross rent of $71,200. Tenants pay all utilities, keeping operating costs low. Fantastic onsite amenities with a well maintained asphalt parking lot, backyards, two detached garages, large basements, tenant storage, and onsite coin-op laundry for additional income. The properties have been well cared for many years with no major outstanding deferred maintenance needs. Full list of property updates is available by request. Family owned for 35 years, sellers report NO VACANCIES during that entire period of ownership. Truly a can't miss investment opportunity sure to generate consistent income for many years to come, schedule your showing today!

Last Agent to Sell the Property

Mark Kitowski

KPR BROKERS, LLC Brokerage Phone: 715-598-6367 License #52728-90 Listed on: 07/30/2025

Last Buyer's Agent

Mark Kitowski

KPR BROKERS, LLC Brokerage Phone: 715-598-6367 License #52728-90 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $64

Year Built

  • Built in 1910

Lot Details

  • 0.34 Acre Lot

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 5,016 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 281-24-0833201303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$64

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Additional Remarks: The taxes above are for both parcel numbers combined. Parcel number 281-24-0833201303 taxes are $6,422.69 for 2024 and parcel number 281-24-0833201302 taxes are $6,205.29 for 2024.
  • Class: Multi-Family
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Year Built: 1910
  • Construction: Brick, Vinyl, Metal
  • Below Grade Sq Ft: 2956
  • Finished Above Grade Sq Ft: 5016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Cable Hookup, Window Treatments, Carpet, Vinyl Floors
  • Basement Type: Block, Stone

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck, Porch

Garage/Parking

  • Garage Capacity: 4
  • Parking: Blacktop/Asphalt, Off Street
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site, Coin-Op Dryer, Coin-Op Washer, Common Laundry Area
  • Separate Electricity: Y
  • Separate Heat: Y

Lot Info

  • Acreage: .343
  • Lot Size: 14941.08
  • Geo Match Code: 3
  • Geo Quality: 0.9

Rental Info

  • Annual Rent: 71,200

Tax Info

  • Tax Amount: $12,627.9
  • Assessor Parcel Number: 281-24-0833201303
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2025
Closed on
Sep 5, 2025
Sold by
Korger Mark L and Korger Roxanne J
Bought by
Red Post Properties Llc
Seller's Agent
Mark Kitowski
KPR BROKERS, LLC
Buyer's Agent
Mark Kitowski
KPR BROKERS, LLC
List Price
$649,900
Sold Price
$654,900
Premium/Discount to List
$5,000
0.77%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.01%
Original Mortgage
$460,000
Outstanding Balance
$460,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$89,680

Purchase Details

Closed on
Jan 24, 2019
Sold by
Korger Mark L and Korger Roxanne J
Bought by
Korger Mark L and Korger Roxanne J

Purchase Details

Closed on
Feb 4, 2016
Sold by
Korger Mark L & Roxanne J Mark L & Roxanne J and Mark L Roxanne J
Bought by
Korger Henry J and Korger Betty L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $654,900 Point Title
Deed -- Anderson Obrien Law Office
Warranty Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $654,900 +0.8% $131 / Sq Ft
07/30/2025 07/30/25 For Sale $649,900 -- $130 / Sq Ft
Source: Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $64 $333,900 $20,000 $313,900
2023 $0 $333,900 $20,000 $313,900
2022 $7,088 $276,000 $16,300 $259,700
2021 $6,883 $276,000 $16,300 $259,700
2020 $6,847 $276,000 $16,300 $259,700
2019 $6,806 $276,000 $16,300 $259,700
2018 $6,341 $276,000 $16,300 $259,700
2017 $6,081 $276,000 $16,300 $259,700
2016 $5,044 $204,700 $13,500 $191,200
2015 $5,073 $204,700 $13,500 $191,200
2014 $4,942 $204,700 $13,500 $191,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22503537

Central Wisconsin Multiple Listing Service

APN: 281-24-0833201303