
316 S 7th Ave Wausau, WI 54401
Westies NeighborhoodAbout This Home
As of May 2025Great investment opportunity in the city of Wausau! This well-maintained duplex features two spacious units, each offering 1,255 sq ft of living space. The lower unit includes 2 bedrooms and 1 bathroom, currently rented at $765/month, while the upper unit offers 3 bedrooms and 1 bathroom, bringing in $995/month. Both units have separate entrances and functional layouts, providing privacy and comfort for tenants. Recent updates include new electric panels and meter bases, newly painted exterior, newer carpet, and new railings, adding value and long-term peace of mind. Whether you're looking to expand your rental portfolio or live in one unit and rent out the other, this property offers solid income potential in a convenient Wausau location.
Last Agent to Sell the Property
JONES REAL ESTATE GROUP Brokerage Phone: 715-680-0019 License #59470 Listed on: 04/10/2025
Co-Listed By
JONES REAL ESTATE GROUP Brokerage Phone: 715-680-0019 License #59470 - 90
Last Buyer's Agent
JONES REAL ESTATE GROUP Brokerage Phone: 715-680-0019 License #59470 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,383
Year Built
- Built in 1915
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- Common or Shared Parking
- Outside Parking
- Off-Street Parking
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Additional Features
- Porch
- Lot Dimensions are 60x118
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 291-2907-263-0567
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Wausau, WI
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $185,000 | Avenue Title Services | |
Warranty Deed | $170,000 | Brooke Billmeyer | |
Warranty Deed | $395,000 | Knight Barry Title | |
Warranty Deed | $70,000 | Ratco | |
Quit Claim Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $145,840 | Credit Line Revolving | |
Previous Owner | $395,000 | Commercial | |
Previous Owner | $238,365 | Future Advance Clause Open End Mortgage |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/23/2025 05/23/25 | Sold | $185,000 | -5.1% | -- |
04/10/2025 04/10/25 | For Sale | $194,900 | +14.6% | -- |
05/12/2023 05/12/23 | Sold | $170,000 | +0.1% | -- |
04/01/2023 04/01/23 | For Sale | $169,900 | -- | -- |
Tax History Compared to Growth
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 | $3,383 | $178,400 | $17,100 | $161,300 |
2023 | $2,499 | $100,600 | $16,500 | $84,100 |
2022 | $2,499 | $100,600 | $16,500 | $84,100 |
2021 | $2,418 | $100,600 | $16,500 | $84,100 |
2020 | $2,455 | $100,600 | $16,500 | $84,100 |
2019 | $2,494 | $95,400 | $10,800 | $84,600 |
2018 | $2,458 | $95,400 | $10,800 | $84,600 |
2017 | $2,371 | $95,400 | $10,800 | $84,600 |
2016 | $2,306 | $95,400 | $10,800 | $84,600 |
2015 | $2,460 | $99,100 | $10,800 | $88,300 |
2014 | $2,581 | $109,000 | $16,500 | $92,500 |
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
RISE REAL ESTATE TEAM
JONES REAL ESTATE GROUP
(715) 680-0019
3 in this area
155 Total Sales
-
Seller Co-Listing Agent in 2025
Dakota Karlen
JONES REAL ESTATE GROUP
(715) 680-0019
6 in this area
148 Total Sales
-
L
Seller's Agent in 2023
Larkin Real Estate Group
FIRST WEBER
(715) 573-8625
15 in this area
395 Total Sales
Map
Source: Central Wisconsin Multiple Listing Service
MLS Number: 22501320

APN: 291-2907-263-0567
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