$165,000

512 Franklin St Wausau, WI 54403

Athletic Park Neighborhood

Estimated payment $1,188/month

Total Views 22,707
2 Beds
2 Baths
936 Sq Ft
$176 Price per Sq Ft

Highlights

  • 0.16 Acre Lot
  • Wood Flooring
  • Porch
  • East High School Rated A-
  • 2 Fireplaces
  • 4-minute walk to Yawkey Park

About This Home

Largely considered the oldest home in Marathon County, the “William Devoe” house features two separate suites, each with a wood burning fireplace, newly updated baths w/ modern sinks & shower stalls, and new kitchenettes. Centrally located in Wausau's historic Andrew Warren District, this home is well maintained with high ceilings, original wood flooring, and a lovely front porch. The lower unit sports original tin ceilings and matching tin crown molding, and the upper has open beam ceilings. This property could easily be converted into a single-family home, but has an exceptional rental history, popular with skiers and downtown Wausau visitors. There is ample off-street parking with a large blacktopped lot to the rear. Currently used as a very successful Air BnB, it is part of the former Roenberry Inn, currently doing business as the Bougainvillea Bed & Breakfast. The owner prefers to sell this property as a package along with 511 Franklin St, an 8-unit Bed & Breakfast directly across the street, and the 2 properties can be purchased together for $549,900.

Listing Agent

DAVID DETTMANN

COLDWELL BANKER ACTION Brokerage Phone: 715-359-0521 License #29423-94 Listed on: 03/31/2025

COLDWELL BANKER ACTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1868

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Block Basement Construction
  • Fire and Smoke Detector
  • Microwave

Parking

  • Alley Access
  • Paved Parking
  • Outside Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Master Meter
  • Individual Gas Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $13,824

Listing and Financial Details

  • Assessor Parcel Number 291-2907-235-0095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Additional Remarks: Owner is also open to selling one property and granting a first right of refusal on the 2nd property. Make an offer and let’s talk! This property is agent owned.
  • Class: Multi-Family
  • Lvt Date: 04/01/2025
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1868
  • Construction: Wood
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 468
  • Finished Above Grade Sq Ft: 936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2 Or More Fireplaces
  • Appliances: Refrigerator, Microwave
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Cable Hookup, Primary Bath, Window Treatments, Wood Floors
  • Number Fireplaces: 2
  • Basement Type: Block, Unfinished

Exterior Features

  • Roof: Shingle
  • Patio Deck: Porch

Garage/Parking

  • Parking: 2 Space, Alley Entrance, Blacktop/Asphalt, Off Street, Outdoor Space, Paved

Utilities

  • Cooling: Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Meter (s)
  • Electricity: Master Meter
  • Gas: Separate Meter
  • Sewer Included: Y
  • Electricity Included: Y
  • Utilities Heat Included: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: Y

Condo/Co-op/Association

  • Amenities: Smoke Detectors, Deck-Covered

Schools

  • School District: Wausau East
  • Wausau Area School Dist: Wausau East

Lot Info

  • Acreage: .16
  • Lot Size: .16
  • Zoning: Multi-Family
  • Present Use: Duplex
  • Geo Address Line: 512 Franklin St
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 24996

Tax Info

  • Tax Amount: $3,372
  • Assessor Parcel Number: 291-2907-235-0095
  • Tax Year: 2024

Multi Family

  • Number Of Units: 2

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 $3,227 $97,200 $27,400 $69,800
2023 $2,699 $90,300 $27,400 $62,900
2022 $2,235 $90,300 $27,400 $62,900
2021 $2,163 $90,300 $27,400 $62,900
2020 $2,538 $103,900 $27,400 $76,500
2019 $2,397 $91,800 $20,500 $71,300
2018 $2,363 $91,800 $20,500 $71,300
2017 $2,279 $91,800 $20,500 $71,300
2016 $2,216 $91,800 $20,500 $71,300
2015 $2,273 $91,800 $20,500 $71,300
2014 $1,866 $79,600 $20,500 $59,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $165,000 -- $176 / Sq Ft
Source: Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $89,000 Knight Barry Title
Source: Public Records

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Source: Central Wisconsin Multiple Listing Service

MLS Number: 22501127

Central Wisconsin Multiple Listing Service

APN: 291-2907-253-0095

Wisconsin Marathon County Wausau 54403 Athletic Park

512 Franklin St, Wausau, WI

This home is located at 512 Franklin St, Wausau, WI 54403 and is currently priced at $165,000, approximately $176 per square foot. This property was built in 1868. 512 Franklin St is a home located in Marathon County with nearby schools including Franklin Elementary School, Horace Mann Middle School, and East High School.

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DAVID DETTMANN
Listing Agent
DAVID DETTMANN
Section Image
COLDWELL BANKER ACTION
(534) 400-5625