$249,900

4 Beds 3 Baths 1,944 Sqft

616 Chicago Avenue, Wausau, WI 54403

Property Type: Multi-Family
Building Type: Duplex,1.5 Story
Time on Market: 4 days
Price per Sqft: $129
Lot Size: .17
Garage: 2 Car
Total Taxes: $3,299
Est. Age: 21+ Years

Description

Looking to add to your rental portfolio or take advantage of an owner-occupied investment opportunity? This upper/lower duplex offers the best of both worlds?live in one unit while collecting rent from the other, or add a solid income-producing property to your portfolio!,Recent updates make this property even more appealing. The lower unit has undergone major renovations, including a beautifully updated kitchen featuring knotty alder cabinetry, granite countertops and stainless steel appliances. Engineered hardwood flooring flows throughout the main living areas, while the primary en-suite offers a spacious walk-in closet and private bath with a tiled walk-in shower. The upper unit is currently vacant and ready for immediate occupancy or a new tenant. Updates include painted cabinetry, newer countertops and flooring, creating a bright and welcoming living space. The unit has also been professionally cleaned, making it truly move-in ready. Major property improvements include a new roof in 2017, furnaces and electrical panels in 2018, and new garage siding and roof in 2025. Separate gas and electric meters for each unit add convenience for both owner and tenants. With an excellent rental history, updated living spaces and the flexibility to owner occupy or fully rent, this duplex is ready for its next chapter. Whether you?re a seasoned investor or looking to make your first move into real estate investing, this is an opportunity worth taking a closer look at!

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 2 1056
Unit 2 2 1 888

Property Details

Interior

Appliances:
  • Refrigerator, Range/Oven, Dishwasher, Microwave, Washer, Dryer
Baths:
  • Full Baths: 3
  • Bath Descriptions: Master Bedroom Bath
Heating/Cooling:
  • Forced Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Smoke Detector(s), Walk-in closet(s)
Sqft:
  • Total Sqft: 1,944

Exterior

Exterior:
  • Vinyl
Exterior Features:
  • Deck, Porch
Garage:
  • Details: 2 Car
  • Spaces: 2.0
Lot:
  • Size: .17
Roofing:
  • Shingle
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water, Municipal Sewer, Master Meter

Misc.

New Construction:
  • N
Postal:
  • Code: 54403
Street:
  • Name: CHICAGO AVENUE
  • Suffix: AVENUE
Tax Year:
  • 2025
Utilities:
  • Details: Separate Electric Meters,Separate Gas Meters

Map

Listing Agent-Provided Directions:
  • Grand, 6th, Chicago

Monthly Payment Calculator

$
Enter the listed price of the home.
$
Enter the down payment amount in dollars.
%
Enter the down payment percentage.
%
Enter the annual interest rate for the mortgage.
Est.
0.00
/month
Principal & Interest
$
Property Taxes
$
Enter the monthly property taxes.
Home Insurance
$
Enter the monthly home insurance cost.
Mortgage Insurance
$
Enter the monthly mortgage insurance cost.
HOA Fees
$
Enter the monthly HOA fees.
Utilities
$
Enter the monthly utilities cost.

Schools and Neighborhood

Postal City:
  • Wausau
Municipality:
  • Name: WAUSAU
  • Type: City
County:
  • MARATHON

Market Comparison

How this property compares to local market averages — calculated 9/21/2026

This Property
Wausau Multi Family Home Avg
Marathon County Multi Family Home Avg
List Price
$249,900
$302,118
$316,146
Median Price
$227,450
$254,950
Price / Sq Ft
$129
$0
$0
Days on Market
4 days
51 days
75 days
Total Listings
22
30

Listing Information

  • Time on Market: 4 days
  • Place Perfect Last Updated: 2026-09-15 11:01:39
  • MLS Number: 22604559
  • Subsystem Locale: WIREX_CWBR
  • Listing Office: eXp Realty, LLC
  • Listing Agent: CAROLYN MCNAMARA
WIREX Logo

This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

© 2026 WIREX-Wisconsin Real Estate Exchange – All Rights Reserved