Trolley Quarter Flats

1500 N 1st St, Wausau, Wisconsin 54403

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Trolley Quarter Flats is managed by Paramark Real Estate Services.

These new apartments offer great views of the Wisconsin River with large windows and patio/balconies on all units! This building is a historical rehabilitation project of the old Trolley Building combined with new construction off of both sides in Wausau that is now available for occupancy. Call today to start your application process or take a sneak peek at the 2015 AIA award winner for affordable housing design by clicking here.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 815 $680
2 Bedroom (2/1) 985 $780
3 Bedroom (3/2) 1325 $790

Eligibility for Trolley Quarter Flats

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Wausau but actual income limits may differ for units at Trolley Quarter Flats.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $32,450 $37,100 $41,750 $46,350 $50,100 $53,800
Low Income (60%) $38,940 $44,520 $50,100 $55,620 $60,120 $64,560

Trolley Quarter Flats Details

  • 40 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Water Trash and Sewer Included
  • Balconies or Patios Available
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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