A tracer wire applicator preferably includes a base frame, a wire spindle, a tape spindle and a pipe roller. The base frame preferably includes a base frame member, a support frame member and an upper frame member. One end of the upper frame member is removably secured to one end of the base frame member. One end of the support frame member is removably attached to the base frame member and the other end is attached to the upper frame member. The pipe roller is rotatably retained on the other end of the base frame member. The tape spindle extends from the base frame member to rotatably receive a roll of tape. A wire spindle extends from the base frame member to rotatably receive a wire reel. A wire guide tube is preferably retained by the upper frame member.