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551 3RD STREET SOUTH, Wisconsin Rapids, WI, 54494

4beds
4baths
3,152sqft
$225,000
$71price/sqft
$1,977/moest. monthly cost
$79,080/yrincome needed

About This Home

City of Wisconsin Rapids with Wisconsin River view, St. Amour Italianate House, located across from the South Wood County Historical Museum, is awaiting for the right hand to revive its timeless character. Built in 1878, it contains multiple original historical architecture consisting of rounded windows, clawfoot tubs, window trim, and fireplace. This property is currently set up as a 3 unit, but with a little imagination can be converted back to a single family. Main floor boasts unique living and dining rooms, kitchen, 2 bedrooms, 2 bathrooms, one being attached to the main bedroom, and a sunroom. Second story has 2 separate living areas, 2 bedrooms, 2 bathrooms and 2 kitchenettes. There are 4 gas meters, 3 electric meters, and 2 water meters on this property. The rear porch overlooks the backyard all the way to the next street. Ample space to spread out. Just steps away from the East River Bank Conservancy Area, with walking/biking paths, benches, fishing and dog friendly. All measurements and information contained herein must be verified by user/buyer.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

7/10
Howe Elementary SchoolGrades K-50.5 mi
7/10
Lincoln High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1878

Materials

  • Roof: Composition/Fiberglass,Shingle,Other
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Range/Oven,Dishwasher

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedroom2

  • Level: Main
  • Area: 170

Bedroom3

  • Level: Upper
  • Area: 255

Bedroom4

  • Level: Upper
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 240

Features

  • Other,Walk-In Closet(s)
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 3,152

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 3,152
  • Total interior livable area: 3,152 sqft

Kitchen

  • Level: Main
  • Area: 136

Living Room

  • Level: Main
  • Area: 374

Master Bedroom

  • Level: Main
  • Area: 221

Property

Details

  • Parcel number: 34081221

Features

  • Levels: Two
  • Stories: 2
  • Living area range: 3001-3500

Lot

  • Lot size: 0.27 Acres
  • Lot size dimensions: 50 x 234

Parking

  • Parking features: No Garage

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
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Lightning
Tornado
Strong Wind
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 $1,137$13,644
Home Insurance *$141$1,692
Property Taxes $403$4,836
Electricity $296$3,554
Total$1,977$23,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,782/yr
40% on housing$59,310/yr
45% on housing$52,720/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 54494$133
Wood County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 54494$133
Wood County$122

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)

Price History

DateEventPrice
2026-04-23Listed for sale$225,000

For Sale by Agent

AgentTERRY WOLFE II
BrokerageTERRY WOLFE REALTY

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