NOT LISTED FOR SALE

607 Prospect Ave Wausau, WI 54403

Longfellow Neighborhood

Estimated Value: $132,000 - $256,000

4 Beds
4 Baths
3,344 Sq Ft
$52/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2025

Last sale price $236,500 $71 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,124 / mo

68 Days on Market

Highlights

  • Porch
  • East High School Rated A-
  • Forced Air Heating System

About This Home

As of October 2025

Hard to find mixed use investment opportunity with 3 residential units and 2 commercial spaces on a high visibility street in Wausau! Currently 4 of the 5 units are rented with the only vacant space being a commercial space currently set up as a hair salon. This could be a great opportunity for a new business to invest in themselves and occupy the vacant space while the other tenants help cover the cost of the buildings and upkeep! The residential units are a 2 bed 1 bath unit and two 1 bed 1 bath units which are all billed separately for electric and gas while the land lord pays for water and sewer. Schedule your showing today!

Last Agent to Sell the Property

Larkin Real Estate Group

FIRST WEBER Brokerage Email: homeinfo@firstweber.com License #54599-90 Listed on: 06/03/2024

FIRST WEBER

Last Buyer's Agent

Larkin Real Estate Group

FIRST WEBER Brokerage Email: homeinfo@firstweber.com License #54599-90 Listed on: 06/03/2024

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 120x60

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Stone or Rock in Basement
  • Range

Parking

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 291-2907-364-0131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1890

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Complex
  • Year Built: 1890
  • Construction: Vinyl, Wood
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1672
  • Finished Above Grade Sq Ft: 3344
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Basement Type: Stone, Unfinished

Exterior Features

  • Roof: Shingle
  • Patio Deck: Porch

Garage/Parking

  • Parking: Alley Entrance, Gravel, Off Street, Outside

Utilities

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

Schools

  • Wausau Area School Dist: Wausau East

Lot Info

  • Acreage: .24
  • Lot Size: 120x60
  • Zoning: Commercial, Residential
  • Geo Address Line: 613 Prospect Ave
  • Geo Primary City: Wausau
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 33000

Tax Info

  • Tax Amount: 4550.19
  • Assessor Parcel Number: 291-2907-364-0131
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Schultz Family Partnership Llc
Bought by
Stevens Daniel M
Current Estimated Value
$175,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,200
Outstanding Balance
$186,381
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$11,237

Purchase Details

Closed on
Apr 20, 2022
Sold by
E. Rastl John
Bought by
Schultz Family Partnership Llc A Wisco
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Stevens Daniel M $236,500 Knight Barry Title
Schultz Family Partnership Llc A Wisco $200,000 Jolene Nowak
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Daniel M $189,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Sold $236,500 -3.5% $71 / Sq Ft
06/03/2024 06/03/24 For Sale $245,000 -- $73 / Sq Ft
Source: Central Wisconsin Multiple Listing Service

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
2025 $2,268 $122,900 $16,200 $106,700
2024 $2,310 $122,900 $16,200 $106,700
2023 $1,979 $80,300 $15,000 $65,300
2022 $1,978 $80,300 $15,000 $65,300
2021 $1,915 $80,300 $15,000 $65,300
2020 $1,945 $80,300 $15,000 $65,300
2019 $1,764 $68,300 $12,000 $56,300
2018 $1,738 $68,300 $12,000 $56,300
2017 $2,022 $68,300 $12,000 $56,300
2016 $1,737 $68,300 $12,000 $56,300
2015 $1,672 $68,300 $12,000 $56,300
2014 $1,785 $76,300 $16,200 $60,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Larkin Real Estate Group

    FIRST WEBER

    (715) 573-8625

    10 in this area

    430 Total Sales

    Larkin Real Estate Group
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22402275

Central Wisconsin Multiple Listing Service

APN: 291-2907-364-0131

Wisconsin Marathon County Wausau 54403 Longfellow

607 Prospect Ave, Wausau, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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