$194,900

316 S 7th Ave Wausau, WI 54401

$2,314
Closing credit¹
House

Property details

About 316 S 7th Ave

Great 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, 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.

Highlights

HeatingForced Air, Natural Gas
StatusActive
Year built1915
MLS #22501320

Summary

  • MLS Number: 22501320
  • MLS Name: WIREX_CWBR
  • Office Name: JONES REAL ESTATE GROUP
  • Office Phone: (715) 680-0019
  • Listing Agent: RISE REAL ESTATE TEAM

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

drone / aerial view

$194,900

316 S 7th Ave

$2,314

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 15, 2023
Home Sold
$170,000
Nov 18, 2021
Home Sold
$395,000
Jun 04, 2014
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2023$100,600$2,499
2022$100,600$2,498
2021$100,600$2,418
2020$100,600$2,454
2019$95,400$2,494
2018$95,400$2,458
2017$95,400$2,371

History based on county public records data.

Nearby schools

3

Lincoln Elementary School

Public District KG-5

0.4 mi

720 S 6th Ave

7

Grant Elementary School

Public District KG-5

0.6 mi

500 N 4th Ave

4

G D Jones Elementary School

Public District PK-5

0.8 mi

1018 S 12th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,320. Most Wausau, WI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

43%
<35k
53%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
14%
Single, with Kids
23%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Wausau, WI

About 316 S 7th Ave

This home is located at 316 S 7th Ave in Wausau, WI and zip code 54401. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $194,900.

The number of homes for sale in Wausau, WI did not change between February and March 2025. While the average time on the market in March 2025 was 168 days, the median list price was $205,000.

From Rocket Homes Real Estate and based on county public records data.

More resources