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711 PROSPECT AVENUE, Wausau, WI, 54403

2beds
1baths
2,256sqft
$98,000
$43price/sqft
$868/moest. monthly cost
$34,720/yrincome needed

About This Home

Wausau East timeless classic with a charming neighborhood storefront design! This unique property offers a classic ?storefront with living quarters? layout, featuring a 1-bedroom, 1-bath upper level with a full kitchen. The main level is a former storefront and offers an open canvas for expansion, storage, hobby space, workspace, or future conversion. Laundry is conveniently located on the main level, and the property also includes a detached two-car garage. Zoned multi-family, this property offers flexible possibilities. Convert it into a duplex, keep it as a single-family home with generous storage, or bring your own vision to life. You can dream it and build it here.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

6/10
7/10
East High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1918

Materials

  • Roof: Shingle,Rubber/Membrane
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,256

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 2,256
  • Total interior livable area: 2,256 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 29129073640134
  • Zoning: Residential,Multi-Family

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 2001-2500

Lot

  • Lot size: 1,306 sqft

Parking

  • Total spaces: 2
  • Parking features: 2 Car,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $495$5,940
Home Insurance *$52$624
Property Taxes $110$1,320
Electricity $211$2,543
Total$868$10,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,760/yr
40% on housing$26,040/yr
45% on housing$23,146/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$43This listing

vs Other Active Listings

Avg $/sqft

ZIP 54403$180
Marathon County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 54403$136
Marathon County$149

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-15Listed for sale$98,000
2016-10-17Listing removed$38,900
2016-08-02Listed for sale$38,900

For Sale by Agent

AgentHOUA LEE
BrokerageGreater Realty, LLC

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