$189,900

518 Lincoln Ave Wausau, WI 54403

$2,255
Closing credit¹
House

Property details

About 518 Lincoln Ave

This upper/lower duplex is a fantastic investment opportunity with long-term tenants on month-to-month leases. The lower unit is a 1 bed, 1 bath renting for $900/month, while the upper unit is a 2 bed, 1 bath renting for $700/month. A 2-car garage provides each tenant with one half for parking or storage. The landlord currently covers all utilities, while tenants are responsible for lawn care and snow removal. This property offers steady rental income with reliable tenants already in place. Whether you're looking to expand your portfolio or house-hack while earning rental income, this duplex is a solid choice! Don't miss out?schedule a showing today!

Highlights

StatusActive
Year built1912
Parking2 Car
MLS #22500654
Attached garage2 spaces

Summary

  • MLS Number: 22500654
  • 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: 3/13/2025, 5:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring covered porch

$189,900

518 Lincoln Ave

$2,255

closing credit¹

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0.5% sale price²

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 majority of Wausau, WI residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

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

About 518 Lincoln Ave

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 February 26, 2025 and is currently priced at $189,900.

While more than 12 listings in Wausau, WI in February 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Wausau, WI increased by 11.9% between January and February 2025.

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

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