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$169,900

518 Lincoln Ave Wausau, WI 54403

House

Property details

About 518 Lincoln Ave

This upper/lower duplex presents a great investment opportunity with steady income potential. Both units are currently occupied by long-term, month-to-month tenants. The lower unit features 1 bedroom and 1 bathroom, renting for $900/month, while the upper unit offers 2 bedrooms and 1 bathroom, currently renting for $700/month. The detached 2-car garage allows each tenant access to one side for parking or storage. Utilities are paid by the landlord, and tenants take care of lawn maintenance and snow removal. Whether you're looking to grow your rental portfolio or live in one unit while renting out the other, this property is a smart, income-generating option. Schedule your showing today!

Highlights

StatusActive
Year built1912
Parking2 Car
MLS #22502745
Attached garage2 spaces

Summary

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car
  • List Price: $169,900
  • Annual Tax Amount: $2,542
  • Tax Year: 2023
  • Directions: N 6th St to Lincoln Ave
  • Year Built: 1912
  • Municipality: Wausau
  • MLS Number: 22502745
  • 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: 7/29/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$102,300$2,542
2022$102,300$2,542
2021$102,300$2,460
2020$102,300$2,497
2019$94,400$2,467
2018$94,400$2,431
2017$94,400$2,345

History based on county public records data.

Nearby schools

4

Franklin Elementary School

Public District KG-5

0.2 mi

1509 N 5th St

7

Grant Elementary School

Public District KG-5

0.8 mi

500 N 4th Ave

6

Wausau Area Montessori Charter School

Public Charter KG-6

1.0 mi

3101 N 13th St

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 $34,797. The most common annual income of people living in Wausau, WI is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
46%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
29%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Wausau, WI

Transportation in Wausau is designed to accommodate both drivers and those who prefer public transit. The city's road network connects to major highways, facilitating travel and commuting. Public transportation services are available, providing residents with alternatives to private vehicle use. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. While ride-sharing services are present, their availability may differ throughout the city.

Residents of Wausau benefit from a robust array of services that contribute to a high quality of life. The educational system includes a number of public and private schools, offering choices for families with children. Healthcare is well-supported by local clinics and a regional medical center that provides comprehensive care. Retail and dining options reflect the local culture, with a mix of national chains and unique local businesses that cater to a variety of tastes and preferences.

Wausau is celebrated for its vibrant community spirit and picturesque setting. The city prides itself on a blend of urban amenities and natural beauty, with the Wisconsin River and Rib Mountain State Park providing a scenic backdrop for outdoor activities. The community comes together for events like the annual Wausau Festival of Arts and the Big Bull Falls Blues Fest, which highlight the city's cultural vibrancy and local talent.

The housing landscape in Wausau is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, with a homeownership rate that reflects the community's commitment to long-term residency. Architectural styles vary, with a blend of historic homes that showcase the city's rich past and contemporary designs that speak to its growth. While the majority of the housing stock is owner-occupied, there are also ample opportunities for renting, including apartments and townhouses.

About 518 Lincoln Ave

The listing price of 518 Lincoln Ave property is $169,900.

The property 518 Lincoln Ave is a house located in Wausau, Wisconsin, 54403.

Active Listing: 518 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 518 Lincoln Ave are: Franklin Elementary School (GreatSchools Rating 4/10), Grant Elementary School (GreatSchools Rating 7/10), Wausau Area Montessori Charter School (GreatSchools Rating 6/10), Horace Mann Middle School (GreatSchools Rating 5/10), John Muir Middle School (GreatSchools Rating 5/10), D C Everest Middle School (GreatSchools Rating 6/10), Wausau Area Virtual Education (GreatSchools Rating 4/10), West High School (GreatSchools Rating 4/10), East High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $2,542 (source: MLS/based on county public records data).

The property at 518 Lincoln Ave has 0 bathroom.

The year of construction for 518 Lincoln Ave is 1912.

This home is located at 518 Lincoln Ave in Wausau, WI and zip code 54403. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $169,900.

In June 2025 more than 38 listings in Wausau, WI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 16 were sold below. Between May and June 2025, Wausau, WI real estate market has seen increase in the number of listings by 16.6%.

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

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