616 CHICAGO AVENUE

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Address: 616 Chicago Ave, Wausau, WI 54403, USA
Chicago & Midwest + 2-4 Units
Created date: September 15, 2026
Date last updated: September 15, 2026
Price: $249,900Investment Analyzer NEW!

Property 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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $249,900
No. of Units: 2
Year Built: 1900
Opportunity Zone: No
Price per unit: $124,950
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 3
Address: 616 CHICAGO AVENUE, Wausau, WI 54403, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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