Two-Unit Duplex With
16682-90 96th Avenue Chippewa Falls, WI 54729
16682-90 96th Avenue, Chippewa Falls, WI, 54729
$297,500
For Sale
Under Contract
$297,500
MULTI_FAMILY - Chippewa Falls, WI
Property Size2,088 SF
Price / SF$142.48
Days on Market75
Property Features for 16682-90 96th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Patio and Porch features
- Deck
- Appliances
- ElectricWaterHeater, Oven, Range, Refrigerator
- Standard status
- Active Under Contract
- APN
- 22908-2213-70368002
- Size
- 2,088 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 2 of CSM
- Tax Annual Amount
- 2026
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard
- Water source
- Well
Building Details
- Year built
- 1979
- Number of units
- 2
- Building materials
- VinylSiding
Listing Agency
RE/MAX Real Estate Group
(715) 835-6191
1808 Brackett Ave, Eau Claire, WI
Listed by
John Panzigrau · License #10243-94
(715) 559-8001
Added: May 5 Checked: Jul 18 at 1:06 am
MLS# 1600806
Listing URL
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two-bedroom layouts with one-and-a-half baths, offering a practical residential income configuration. The property is described as easy to maintain, with vinyl siding and a nice backyard that supports everyday outdoor use. The seller also notes a long ownership period without vacancy.
Located at 16682-90 96th Avenue in Chippewa Falls, WI, the home is positioned with easy access to nearby recreational and lifestyle options, including a lake, a golf course, and a bike trail. Public remarks also indicate convenient access to “number of business,” though no specific businesses are listed.
With its two-bedroom, one-and-a-half-bath design and straightforward exterior maintenance, the property may suit an owner-occupant who wants to live in one unit while relying on the second unit for rental income. It may also fit buyers looking for a manageable two-unit residential income property, particularly given the seller’s statement that the duplex has operated without vacancy for 14 years.
Located at 16682-90 96th Avenue in Chippewa Falls, WI, the home is positioned with easy access to nearby recreational and lifestyle options, including a lake, a golf course, and a bike trail. Public remarks also indicate convenient access to “number of business,” though no specific businesses are listed.
With its two-bedroom, one-and-a-half-bath design and straightforward exterior maintenance, the property may suit an owner-occupant who wants to live in one unit while relying on the second unit for rental income. It may also fit buyers looking for a manageable two-unit residential income property, particularly given the seller’s statement that the duplex has operated without vacancy for 14 years.
Key Highlights
- Ideal location with easy access to lake, golf course, bike trail, and businesses
- Proven rental history with no vacancy for 14 years
- Low‑maintenance vinyl siding
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $12.60 |
| − Vacancy | −$1.4k | −$0.69 |
| EGI | $24.9k | $11.91 |
| − OpEx | −$7.5k | −$3.57 |
| NOI | $17.4k | $8.33 |
2,088 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$248.6K
$217.5K – $290.1K
NOI $17,403 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$224.4K
$196.4K – $261.8K
NOI $15,710 @ 7.0% cap · market cap 5.28%
Theoretical Best
Warehouse
$1.16M
$1.01M – $1.35M
NOI $81,143 @ 7.0% cap · market cap 27.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offering two-bedroom, one-and-a-half-bath units with vinyl siding and an easy-maintenance backyard.
Where is this duplex located?
The property is located at 16682-90 96th Avenue Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: Ideal location with easy access to lake, golf course, bike trail, and businesses; Proven rental history with no vacancy for 14 years; Low‑maintenance vinyl siding
