MLS# 7127607 - 305 W Prospect Street Thorp, WI 54771

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DeGraw Investments LLC is the brokerage office representing the seller for this listing.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Kevin Kruchten is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Kevin Kruchten, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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With numerous improvements, exceptional accessibility, and multiple potential uses, this property is ideal for investors, healthcare providers, or those seeking a private family compound.\nThree 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.\nThe 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.\nResidents 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.\nWhether you’re looking to create a:\n? Family compound or multi-generational living community\n? Vacation rental destination\n? Long-term rental investment\n? Assisted living, senior housing, adult family home, or other healthcare-related use (subject to buyer verification and local approvals)\n? Corporate or workforce housing\nthis versatile property offers outstanding potential.\nProperty Highlights\n•\tBuilding is a free span structure making it easy to remove any interior walls\n? Four condominium units\n? Three 2-bedroom, 1-bath units\n? One 1-bedroom, 2-bath unit\n? End units: 1,167 SF each\n? Center units: 1,132 SF each\n? Attached 484 SF two-car garage for every unit\n? Four-season porch in every residence\n? Washer and dryer included in each unit\n? Completely wheelchair accessible with no interior or exterior steps\n? 1,640 SF heated common area with\n•\tIn-floor heat\n•\tWall AC units\n•\tFull bath with walk-in shower\n•\tFull kitchen\n? Large paved community patio\n? Detached common garage\n? 1.6-acre setting with a beautiful stream along the rear of the property\n? Numerous improvements throughout\nThis is an exceptional opportunity to own a one-of-a-kind property that combines residential comfort, accessibility, natural beauty, and outstanding investment flexibility.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SCHOOLDISTRICTNUMBER":"5726-Thorp","SCHOOLDISTRICTPHONE":"7156695401","SEWER":"City Sewer/Connected","STATEORPROVINCE":"WI","STATUS":"Active","STATUSDATE":"2026-08-14T23:32:06.557","LASTSTATUS":"Active","STREETDIRPREFIX":"W","STREETNAME":"Prospect","STREETNUMBER":"305","STREETSUFFIX":"Street","STYLE":"Fourplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTNAME":"Unnamed Lake","WATERFRONTNUM":"999999999","WATERFRONTPRESENT":true,"WATERFRONTVIEW":"Creek/Stream","YEARBUILT":1992,"ZONING":"Residential-Multi-Family","VIRTUALTOUR_URL1":"https://tours.spinvision.com/idx/333547","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-08-14T23:32:06.558","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"0-A-Aerial-7.jpg\"},{\"Order\":2,\"Remarks\":\"0-A-Aerial-4.jpg\"},{\"Order\":3,\"Remarks\":\"0-A-Aerial-5.jpg\"},{\"Order\":4,\"Remarks\":\"Common area\"},{\"Order\":5,\"Remarks\":\"Commmon area\"},{\"Order\":6,\"Remarks\":\"Common area kitchen\"},{\"Order\":7,\"Remarks\":\"Common area kitchen\"},{\"Order\":8,\"Remarks\":\"Common area roll in shower\"},{\"Order\":9,\"Remarks\":\"Common area\"},{\"Order\":10,\"Remarks\":\"Common area\"},{\"Order\":11,\"Remarks\":\"Unit-3-13.jpg\"},{\"Order\":12,\"Remarks\":\"Unit-3-14.jpg\"},{\"Order\":13,\"Remarks\":\"Unit-3-15.jpg\"},{\"Order\":14,\"Remarks\":\"Unit-3-12.jpg\"},{\"Order\":15,\"Remarks\":\"Unit-4-3.jpg\"},{\"Order\":16,\"Remarks\":\"Unit-3-11.jpg\"},{\"Order\":17,\"Remarks\":\"Unit-3-10.jpg\"},{\"Order\":18,\"Remarks\":\"Unit-3-9.jpg\"},{\"Order\":19,\"Remarks\":\"Unit-3-8.jpg\"},{\"Order\":20,\"Remarks\":\"Unit-3-7.jpg\"},{\"Order\":21,\"Remarks\":\"Unit-3-1.jpg\"},{\"Order\":22,\"Remarks\":\"Unit-3-2.jpg\"},{\"Order\":23,\"Remarks\":\"Unit-3-3.jpg\"},{\"Order\":24,\"Remarks\":\"Unit-3-4.jpg\"},{\"Order\":25,\"Remarks\":\"Unit-3-5.jpg\"},{\"Order\":26,\"Remarks\":\"Unit-3-6.jpg\"},{\"Order\":27,\"Remarks\":\"Unit-2-14.jpg\"},{\"Order\":28,\"Remarks\":\"Unit-2-13.jpg\"},{\"Order\":29,\"Remarks\":\"Unit-2-12.jpg\"},{\"Order\":30,\"Remarks\":\"Unit-2-11.jpg\"},{\"Order\":31,\"Remarks\":\"Unit-2-10.jpg\"},{\"Order\":32,\"Remarks\":\"Unit-2-9.jpg\"},{\"Order\":33,\"Remarks\":\"Unit-2-3.jpg\"},{\"Order\":34,\"Remarks\":\"Unit-2-4.jpg\"},{\"Order\":35,\"Remarks\":\"Unit-2-5.jpg\"},{\"Order\":36,\"Remarks\":\"Unit-2-6.jpg\"},{\"Order\":37,\"Remarks\":\"Unit-2-7.jpg\"},{\"Order\":38,\"Remarks\":\"Unit-2-8.jpg\"},{\"Order\":39,\"Remarks\":\"Unit-2-2.jpg\"},{\"Order\":40,\"Remarks\":\"Unit-2-1.jpg\"},{\"Order\":41,\"Remarks\":\"Unit-1-13.jpg\"},{\"Order\":42,\"Remarks\":\"Unit-1-12.jpg\"},{\"Order\":43,\"Remarks\":\"Unit-1-11.jpg\"},{\"Order\":44,\"Remarks\":\"Unit-1-10.jpg\"},{\"Order\":45,\"Remarks\":\"Unit-1-4.jpg\"},{\"Order\":46,\"Remarks\":\"Unit-1-5.jpg\"},{\"Order\":47,\"Remarks\":\"Unit-1-6.jpg\"},{\"Order\":48,\"Remarks\":\"Unit-1-7.jpg\"},{\"Order\":49,\"Remarks\":\"Unit-1-8.jpg\"},{\"Order\":50,\"Remarks\":\"Unit-1-9.jpg\"},{\"Order\":51,\"Remarks\":\"Unit-1-3.jpg\"},{\"Order\":52,\"Remarks\":\"Unit-1-2.jpg\"},{\"Order\":53,\"Remarks\":\"Unit-1-1.jpg\"},{\"Order\":54,\"Remarks\":\"2 car garage for each unit\"},{\"Order\":55,\"Remarks\":\"20-Exterior-13.jpg\"},{\"Order\":56,\"Remarks\":\"20-Exterior-12.jpg\"},{\"Order\":57,\"Remarks\":\"20-Exterior-11.jpg\"},{\"Order\":58,\"Remarks\":\"20-Exterior-5.jpg\"},{\"Order\":59,\"Remarks\":\"Patio view\"},{\"Order\":60,\"Remarks\":\"Dettached storage garage\"},{\"Order\":61,\"Remarks\":\"20-Exterior-8.jpg\"},{\"Order\":62,\"Remarks\":\"20-Exterior-9.jpg\"},{\"Order\":63,\"Remarks\":\"20-Exterior-4 (1).jpg\"},{\"Order\":64,\"Remarks\":\"20-Exterior-2.jpg\"},{\"Order\":65,\"Remarks\":\"20-Exterior-1 (1).jpg\"},{\"Order\":66,\"Remarks\":\"20-Exterior-3.jpg\"},{\"Order\":67,\"Remarks\":\"20-Exterior-7.jpg\"},{\"Order\":68,\"Remarks\":\"305-west-prospect-street-commons-thorp-with-dim.jpg\"},{\"Order\":69,\"Remarks\":\"305-west-prospect-street-unit-1-thorp-with-dim.jpg\"},{\"Order\":70,\"Remarks\":\"305-west-prospect-street-unit-2-thorp-with-dim.jpg\"},{\"Order\":71,\"Remarks\":\"305-w-prospect-street-unit-3-thorp-with-dim.jpg\"},{\"Order\":72,\"Remarks\":\"305-west-prospect-street-unit-4-thorp-with-dim.jpg\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48,49,50,51,52,53,54,55,56,57,58,59,60,61,62,63,64,65,66,67,68,69,70,71,72","SOURCE":"MG_NST"}

MLS# 7127607 - 305 W Prospect Street Thorp, WI 54771

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