Eau Claire, WI 54703
MLS# 1601477 $559,900.00
Turnkey 6-unit multifamily investment opportunity located in a desirable Eau Claire location, offering established cash flow and a proven rental history. This well-maintained property provides investors with a stabilized asset featuring several recent interior updates, including new flooring and fresh paint in multiple units, helping reduce near-term capital needs while enhancing overall tenant appeal and long-term durability. The property offers a strong and practical unit mix of four 2-bedroom units and two 1-bedroom units, supporting steady tenant demand and long-term occupancy stability. Each unit includes off-street parking and private basement storage, added conveniences that further strengthen tenant retention in this rental market. Offered at $559,000, equating to approximately $93,167 per unit, this asset presents an attractive value opportunity for multifamily investors. Property was pre-appraised at $660,000 in April 2025, further supporting the property’s strong value proposition and investment potential. Consistent occupancy and reliable income performance, this property presents a stable, low-maintenance investment opportunity in the Eau Claire rental market, well-suited for investors seeking dependable cash flow and portfolio expansion.
| Style | Multiplex |
|---|---|
| Type | ResidentialIncome |
| Zoning | Residential-Multifamily |
| Year Built | 1972 |
| School Dist | Eau Claire Area |
| County | Eau Claire |
| Lot Size | 140 x 70 x |
|---|---|
| Acreage | 0.21 acres |
| Garage | N/A |
| Basement | CrawlSpace,Other,SeeRemarks |
| Above Grd | 4,032 sq ft |
| Below Grd | — |
| Tax $ / Year | $5,691 / 2025 |
Includes
ElectricWaterHeater,Oven,Range,Refrigerator
Excludes
N/A
| Basement | CrawlSpace,Other,SeeRemarks |
|---|---|
| Cooling | None |
| Electric | CircuitBreakers |
| Exterior Features | VinylSiding |
| Heating | Baseboard |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Laundry | N |
Listing Agency
General Property Management Llc
Directions
Business 53/N Hastings Way turn East onto Birch St. Turn North onto Mt Nemo Ave. 2nd building on East side of road.
