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515 1/2 N 3RD STREET Unit 6, Wausau, WI, 54403

--beds
--baths
--sqft
$600
--price/sqft
$174/moest. monthly cost
$6,960/yrincome needed

About This Home

Clean and updated studio apartment conveniently located in downtown Wausau, this unit offers easy walkability to local shops, restaurants, and entertainment. Rent is $600 per month with a 12-month lease. Security deposit is $600. Comfortable, low-maintenance living in a prime location! No pets allowed. Water and garbage is included, tenant is responsible for electric.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

6/10
7/10
East High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1902

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Basement: None / Slab

Property

Details

  • Parcel number: 29129072530282

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: .06

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
  • Lightning
    LightningRelatively 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 $3$36
Home Insurance *$0$0
Property Taxes $0$0
Electricity $171$2,054
Total$174$2,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,965/yr
40% on housing$5,220/yr
45% on housing$4,640/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 54403$181
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
2026-04-09Listed for sale$600

For Sale by Agent

AgentTHE WARAKSA GROUP
BrokerageROCK SOLID REAL ESTATE

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