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MLS: #7127607, Listed By: Tammy DeGraw, DeGraw Investments LLC, Source:FargoMoorhead Area Association of REALTORS

305 W Prospect Street

Thorp, WI 54771
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Bed --

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Bath 0

Bath

SqFt6,246

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Acres1.60

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,300,000

AD Id : 89579538

MLS Id : 7127607

Lot Size : 1.60 Acres

Living Area Size : 6,246

Year Built : 1992

Garage : 9

County : Clark

Subdivision: Young S Sub De Luxe

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Feature Features

  • Room Information

    Basement: None
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Water front: 1

  • Building Information

    Year Built: 1992 Building Area Total: 6246 Stories: 1 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Dimensions: 233X60X194X181 Main Square Feet: 1.6 Acres Lot Size Acres: 1.6 Lot Size Square Feet: 69696 Lot Description: Waterfront

    Property Information

    Subdivision: Lindquist Add Source Property Type: Residential Income Postal Code Plus 4: 8111 Property SubType: Quadruplex Levels: One Property Age: 34

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 2860907305 Tax Year: 2025 Annual Tax: $8141 Tax Legal Desc: UNIT 305, UNIT 307, UNIT 309, UNIT 311 & LCE & 1/4 UNDIV INT IN COMMON ELEMENTS T-K PARTNERS CONDOMINIUMS FKA LOTS 11&12 LINDQUIST ADD CITY OF THORP

  • Parking Information

    Garage Door Opener

    Garage Information

    Has Garage: Yes Garage Space: 9
    Homeowners Association Information
    Association Amenities: Security

  • Location Information

    Direction: 53S from the cities, 29th east, prospect street right WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 08/20/2026 @ 06:02

MLS: 7127607 LISTED BY: Tammy DeGraw, DeGraw Investments LLC 715-939-2306 SOURCE: FargoMoorhead Area Association of REALTORS

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