Balie Strasburg

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Listing provided courtesy of THE LEGACY GROUP- MLS# 22602391MLS Provider

648 FRANKLIN STREETStevens Point, WI 54481

Multi-Family
$225,000 Active - With Offer

648 FRANKLIN STREET Overview

Time on Site:
31 days
Visits:
24

Investment opportunity in the heart of Stevens Point! Once a single-family home, this property has been thoughtfully converted into a duplex offering strong long-term rental appeal. The lower unit features 3 bedrooms, 1 bathroom, an attached two-stall garage, and a private entry. The upper unit offers 2 bedrooms, 1 bathroom, and its own separate entrance. Each unit includes a stove and refrigerator, separate laundry hookups in the divided basement (tenant-supplied washer and dryer), and individually metered utilities with separate central air systems. Water is currently owner-paid through a single meter. Nicely maintained for its age, this property offers an attractive blend of character, functionality, and low-maintenance ownership. Conveniently located near the Wisconsin River, local parks, downtown Stevens Point, shopping, dining, and recreation. Whether you're looking to add to your portfolio or begin your investment journey, this property offers proven rental potential in a desirable location.

Both units are currently on month-to-month leases, with 648 being $925 a month and the upper 648A being $700.

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648 FRANKLIN STREET Facts & Features

  • Type Multi-Family

Details

General

Listing Information

  • Sale/Rent: For Sale

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Portage County
  • MLS Area Major: Stevens Point

General Information

  • Age: 126
  • Fuel Type: Natural Gas
  • Property Sub Type: Duplex
  • Property Type: Multi-Family

Interior

Building Information

  • Utilities- Water Included: Y
  • Utilities-Heat Included: N

Parking Information

  • Garage: Attached
  • Garage Spaces: 2

General Information

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Electric: Separate Meter
  • Heating: Forced Air

Unit Information

  • Unit 1 Sq Ft: 1332
  • Unit 2 Bedroom: 2
  • Unit 2 Bath: 1
  • Unit 2 Sq Ft: 736

Exterior

Lot Information

  • Lot Size: .152

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Vinyl
  • Roof: Shingle

General Information

  • Sewer: Pb Sewer/Pb Water

648 FRANKLIN STREET Neighborhood

Community

54481 (Stevens Point) Demographics

30
Median Age
389
Population Density (per sq. mile)
49%
College Educated
$49,600
Estimated Median Income
6,492
Estimated Total Home Owners
4,882
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

648 FRANKLIN STREET Market Data

Based on the last 30 days in this zip code

$312,205
Average List Price
$161
Average Price per Square Foot
21
Properties Sold
70
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

648 FRANKLIN STREET History

Date Event Value Agent
6/4/2026Source: Central WI MLS Status Change
Active - With Offer
5/29/2026Source: Central WI MLS Added to Database
May 29, 2026
7/28/2025Source: Central WI MLS Added to Database
March 31, 2022