501 North 3rd Avenue

Wausau WI 54401

1872 sq. ft.

Multi-Family

Last sold for $184,900

THE SOLOMON GROUP, last sold this property on 02 July 2025 after -155 days on market.

Overview

This is not your normal upper and lower duplex! This property has been owned by the same owner for 61 years and has been maintained meticulously. The owner had intentions to move back into the property as they loved the 1900?s character and charm. It has been updated and maintained like it was their primary residence. Stunning exterior with a covered front porch (composite decking), back porch and back balcony. Exterior updates include: the roof (2015), aluminum siding, some of the windows have been updated to vinyl, along with replaced exterior doors, commercial rain gutters with covers, concrete driveway (3-parking spaces wide) with a 2-car detached garage - with powered overhead doors. The back entrance offers access to the main level unit and upper level unit with common entry to the basement. The main level features tall ceilings, a large kitchen with included appliances, full bathroom with built-in linen storage, and a spacious living room with beautifully refinished hardwood flooring throughout.,One primary bedroom with a walk-in closet and under-stair storage, along with a secondary bonus room that could make for a second bedroom (there is a replacement door for the opening that could fully enclose that room). Each floor with 936 sq ft. The upper unit features a cozy layout with wooden staircase, beautiful hardwood flooring, kitchen with included appliances, walk-through living area with two bedrooms (could be 3-bedrooms depending on furniture arrangements). Both bedrooms with sizable closets and the larger of the two with a large walk-in and with a private balcony! Charming woodwork and original doors highlighting the historic era. The clean basement offers ample storage space for the future owner or tenants with two electrical panels (separate electricity), electric water heaters, one Goodman forced air furnace replaced in 2021, one water meter with updated copper water line from the city in to the home, two washers, one dryer (backup dryer included), and the back up stove in the basement is also included. This home offers a great opportunity to owner-occupied, use as a single family home or a turn-key investment. Schedule your showing today!

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1872 sq. ft. floor area

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Wausau over the last 12 months, the estimated median property value of 501 North 3rd Avenue is $178.15k.

Median value

$178.15k

Estimated value range

$120k - $425k

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Wausau. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501 North 3rd Avenue

2025

Sold

$184,900

02 Jul 2025 by THE SOLOMON GROUP, of COLDWELL BANKER ACTION

Happy sellers in Wausau

We have insufficient information to provide an overview of customer satisfaction for Wausau. Viewing the agent profiles, reviews and sales for Wausau can provide insights for this location.