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Wisconsin Rapids, WI Multifamily Homes & Duplexes for Sale

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  • /14

    $205,000

    $20K PRICE DROP
    • Studio
    • 1,032 Sq Ft

    1360 1st St N, Wisconsin Rapids, WI 54494

    Don’t miss this duplex opportunity! The lower-level unit features 2 bedrooms and 1 bath, highlighted by rich hardwood floors, a stunning wood-beamed ceiling, and a spacious kitchen with dark wood cabinetry plus in-unit laundry. The upper-level unit offers 1 bedroom, 1 bath, a kitchenette, and a comfortable sitting room. Live in one unit and rent out the other, or lease both for maximum return.

    CARRIE SAMMAN FIRST WEBER

    1360 1st St N, Wisconsin Rapids, WI 54494
  • /44

    $225,000

    • 4 Beds
    • 4 Baths
    • 3,152 Sq Ft

    551 3rd St S, Wisconsin Rapids, WI 54494

    City of Wisconsin Rapids with Wisconsin River view, St. Amour Italianate House, located across from the South Wood County Historical Museum, is awaiting for the right had to revive its timeless character. Built in 1878, it contains multiple original historical architecture consisting of rounded windows, clawfoot tubs, window trim, and fireplace. 1,600+ sq. ft. main floor unit consists of 2

    Terry Wolfe II TERRY WOLFE REALTY

    551 3rd St S, Wisconsin Rapids, WI 54494
  • /34

    $153,000

    • 3 Beds
    • 2,000 Sq Ft

    1921 1st St N, Wisconsin Rapids, WI 54494

    Wisconsin River waterfront property. City of Wisconsin Rapids. Side by side duplex, both units with water view. Unit 1 is a 2 bedroom and unit 2 is a 1 bedroom, bedrooms on 2nd floor, partial basement, separate utilities. A great project for an investor to upgrade or an amazing location for a rebuild. Property being sold in its present "AS IS" condition.

    Terry Wolfe II TERRY WOLFE REALTY

    1921 1st St N, Wisconsin Rapids, WI 54494

Why Live in Wisconsin Rapids

Wisconsin Rapids, WI, is a city with deep roots in the paper mill industry, dating back to the 1830s. Despite the mill idling in 2020, the local economy remains resilient, bolstered by the presence of an aluminum billet manufacturer and other industries like cranberry production and Renaissance Learning, an educational software company. Located about 110 miles north of Madison, Wisconsin Rapids offers a lower cost of living, making it attractive for those seeking larger homes compared to nearby cities like Stevens Point and Marshfield. Common home styles include ranch, colonial, and bi-level designs. The city is split by the Wisconsin River, providing scenic views and outdoor activities such as fishing at Nepco Lake County Park. Wisconsin Rapids hosts several community events, including the Cranberry Blossom Festival and Lunch by the River, which feature parades, food trucks, and live entertainment. Residents can enjoy local attractions like Wisconsin Rafters baseball games at Witter’s Field, plays at the community theater, and a robust farmers market downtown. The Wisconsin Rapids Recreation Complex offers aquatic activities, and the riverfront has been revitalized in recent years. Dining options include riverside restaurants like Jennings & Co and B’s Tap House, known for its craft beers and pizza. The city is served by Aspirus Riverview Hospital and is within commuting distance to Stevens Point and Marshfield. Cold winters and warm summers characterize the climate, with significant snowfall in the winter months.

Home Price Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$210,000
Median 2 Bedroom Sale Price
$145,300
Median 1 Bedroom Sale Price
$93,150
Average Price Per Sq Ft
$137
Number of Homes for Sale
40
Last 12 months Home Sales
416
Months of Supply
1.20
Median List Price
$209,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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