$1,899,000
UNDER CONTRACT

505 N 6th St Unit 601 McClellan Wausau, WI 54403

East Towne Neighborhood

Estimated payment $12,168/month

Total Views 8,725
-- Bed
-- Bath
13,080 Sq Ft
$145 Price per Sq Ft

Highlights

  • 0.64 Acre Lot
  • Deck
  • Coin Laundry
  • East High School Rated A-

About This Home

Fantastic 24 unit complex in the heart of Wausau. 16 one bedroom units and 8 two bedroom units across two buildings. Both buildings have had several updates in the last 5 years. Updates include new roofs on both buildings, new boiler in 2021 in 505 6th st, new decking stairs in both buildings, new landscaping on both buildings, new flooring in 19 of the units, and more. Currently the buildings bring in over $17,000 per month plus the income from a coin operated washer and dryer. If you are looking to expand your investment portfolio or get into larger buildings this is a must see! Schedule your showing today!

Listing Agent

Larkin Real Estate Group

FIRST WEBER Brokerage Email: homeinfo@firstweber.com Listed on: 08/12/2025

FIRST WEBER

Co-Listing Agent

Phillip Larkin

FIRST WEBER Brokerage Email: homeinfo@firstweber.com License #80794-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,201

Year Built

  • Built in 1959

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 230x240

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 13,080 Sq Ft Home
  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Range

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Deck
  • Master Meter

Community Details

  • 24 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 29129072530401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,201

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Complex
  • Year Built: 1959
  • Construction: Vinyl, Wood
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 6540
  • Finished Above Grade Sq Ft: 13080
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Basement Type: Block

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Parking: Off Street, Parking Lot, Paved

Utilities

  • Fuel Type: Natural Gas
  • Sewer Water: Pb Sewer/Pb Water
  • Electricity: Master Meter
  • Gas: Master Meter
  • Laundry: Coin-Op Dryer, Coin-Op Washer

Schools

  • Wausau Area School Dist: Wausau East

Lot Info

  • Acreage: .64
  • Lot Size: 230x240
  • Zoning: Multi-Family
  • Geo Address Line: 505 N 6th St
  • Geo Primary City: Wausau
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 205200.0

Tax Info

  • Tax Amount: 25201.00
  • Assessor Parcel Number: 29129072530401
  • Tax Year: 2024

Multi Family

  • Number Of Units: 24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,914 $772,800 $165,600 $607,200
2023 $15,624 $612,600 $151,800 $460,800
2022 $12,400 $612,600 $151,800 $460,800
2021 $15,117 $612,600 $151,800 $460,800
2020 $13,058 $522,600 $151,800 $370,800
2019 $6,108 $229,500 $138,000 $91,500
2018 $6,022 $229,500 $138,000 $91,500
2017 $5,811 $229,500 $138,000 $91,500
2016 $5,652 $229,500 $138,000 $91,500
2015 $5,795 $229,500 $138,000 $91,500
2014 $5,466 $227,500 $138,000 $89,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $1,899,000 +47.8% $145 / Sq Ft
08/07/2020 08/07/20 Sold $1,285,000 0.0% --
07/01/2020 07/01/20 Off Market $1,285,000 -- --
01/31/2020 01/31/20 Price Changed $1,450,000 +3.6% --
09/11/2019 09/11/19 Price Changed $1,399,000 -9.7% --
06/21/2019 06/21/19 For Sale $1,550,000 -- --
Source: Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,285,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Purchase Money Mortgage
Source: Public Records

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22503792

Central Wisconsin Multiple Listing Service

APN: 291-2907-253-0401