305 W Prospect Street, Thorp, WI 54771
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: tammy degraw
Office: degraw investments llc.
MLS#:7127607
Source:Metro MLS
305 W Prospect Street,Thorp, WI 54771
$1,300,000
- - Beds
- - Baths
- 6,246 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,300,000
- Price per sq. ft.:$208.13
About this home
Exceptional Four-Unit Condominium Investment Opportunity | Thorp, Wisconsin Discover a truly unique investment opportunity with this beautifully maintained four-unit condominium property situated on approximately 1.6 acres in a peaceful, park-like setting in Thorp, Wisconsin. With numerous improvements, exceptional accessibility, and multiple potential uses, this property is ideal for investors, healthcare providers, or those seeking a private family compound. Three units offer 2 bedrooms and 1 full bath, while the fourth unit features 1 bedroom and 2 full baths. Every unit includes a four-season porch, attached 484-square-foot two-car garage, and in-unit washer and dryer, providing residents with comfort, convenience, and independent living. The spacious end units each offer 1,167 square feet, while the two center units each provide 1,132 square feet of thoughtfully designed living space. Best of all, there are no steps inside or outside the property, making the entire development wheelchair accessible. Residents can gather in the impressive 1,640-square-foot common area, featuring in-floor heat and ample space for social activities, meetings, or community events. Just outside, a large paved patio overlooks beautifully landscaped grounds, while a picturesque stream winds through the back of the property, creating a peaceful setting rarely found in an investment property. An additional detached common garage provides valuable storage or maintenance space. Whether you?re looking to create a: ? Family compound or multi-generational living community ? Vacation rental destination ? Long-term rental investment ? Assisted living, senior housing, adult family home, or other healthcare-related use (subject to buyer verification and local approvals) ? Corporate or workforce housing this versatile property offers outstanding potential. Property Highlights ? Building is a free span structure making it easy to remove any interior walls ? Four condominium units ? Three 2-bedroom, 1-bath units ? One 1-bedroom, 2-bath unit ? End units: 1,167 SF each ? Center units: 1,132 SF each ? Attached 484 SF two-car garage for every unit ? Four-season porch in every residence ? Washer and dryer included in each unit ? Completely wheelchair accessible with no interior or exterior steps ? 1,640 SF heated common area with ? In-floor heat ? Wall AC units ? Full bath with walk-in shower ? Full kitchen ? Large paved community patio ? Detached common garage ? 1.6-acre setting with a beautiful stream along the rear of the property ? Numerous improvements throughout This is an exceptional opportunity to own a one-of-a-kind property that combines residential comfort, accessibility, natural beauty, and outstanding investment flexibility....
Contact an agent
Home facts
- Year built:1992
- Subdivision & Development:Lindquist Add
- Listing ID #:7127607
- Added:45 day(s) ago
- Updated:September 28, 2026 at 04:02 PM
Rooms and interior
- Living area:6,246 sq. ft.
Heating and cooling
- Cooling:Forced Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1992
- Building area:6,246 sq. ft.
- Lot area:1.6 Acres
- Construction Materials:Block
- Exterior Features:Patio, Porch
- Levels:1 Story
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$208.13
- Tax amount:$8,141 (2025)
Features and amenities
- Amenities:Cable
Parking
- Parking description:Garage - Attached, Garage Opener Included
- Garage spaces:9
New listings near 305 W Prospect Street
$299,500Active3 beds 2 baths2,876 sq. ft.303 W Maple Street, Thorp, WI 54771
MLS# 1605340Listed by: MATHISON REALTY & SERVICES LLC
$299,750Active40 AcresW10712 Popple River Road, Thorp, WI 54771
MLS# 1605082Listed by: ADVENTURE NORTH REALTY LLC
$529,000Active5 beds 3 baths3,052 sq. ft.N15452 Castle Oaks Drive, Thorp, WI 54771
MLS# 1604896Listed by: BECKER REAL ESTATE GROUP
$295,000Active3 beds 1 baths1,525 sq. ft.N16304 State Road 73, Thorp, WI 54771
MLS# 1604759Listed by: EDINA REALTY, INC. - CHIPPEWA VALLEY
$15,500Active0.64 AcresLot 21 S Church Street, Thorp, WI 54771
MLS# 1604395Listed by: SUGAR KEY REALTY LLC
$15,500Active0.98 AcresLot 22 S Church Street, Thorp, WI 54771
MLS# 1604396Listed by: SUGAR KEY REALTY LLC
$127,000Pending2 beds 1 baths864 sq. ft.428 E School Street, Thorp, WI 54771
MLS# 1604503Listed by: RIVERBEND REALTY GROUP, LLC
$199,900Active40 AcresN11449 Tieman Avenue, Thorp, WI 54771
MLS# 2031363Listed by: WHITETAIL PROPERTIES REAL ESTATE LLC
$529,000Active4 beds 3 baths2,750 sq. ft.N11453 WILDERNESS AVENUE, Thorp, WI 54771
MLS# 22603904Listed by: TIEMAN REALTY, INC.