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Chippewa Falls Duplex Investment

326 W Spring Street, Chippewa Falls, WI 54729

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For Sale

$199,900

MULTI_FAMILY - Chippewa Falls, WI

Property size:

1,824 SF

Lot size:

0.09 Acres

Price / SF:

$109/SF

HighLights

Well‑maintained duplex ideal for investment or owner‑occupancy.
Located in the heart of Chippewa Falls, walking distance to downtown shops, restaurants, and entertainment.
Long‑term, reliable tenants on month‑to‑month leases.
Rents currently below market value, offering potential for increased income.
Each unit includes a bonus storage shed.
Includes essential appliances: Electric Water Heater, Oven, Range, and Refrigerator.

We can help!

Listing Contact

Adrian Ong

For Sale

$199,900

MULTI_FAMILY - Chippewa Falls, WI

Property size:

1,824 SF

Lot size:

0.09 Acres

Price / SF:

$109/SF

Added:: Mar 16, 2025
Days on Market:: 463
Last Refresh:: Jun 21 at 7:06 am

Property Features for 326 W Spring Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Driveway
Patio and Porch features: Porch
Appliances: ElectricWaterHeater, Oven, Range, Refrigerator
Standard status: Active
APN: 22808064360011804
Size: 1,824 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: ORIGINAL PLAT LOT 4 THE SE 1/2 BLK 18
Tax Annual Amount: 1637

Utilities

Sewer type: Public Sewer
Heating system: Baseboard
Water source: Public

Building Details

Year built: 1900
Number of units: 2
Building materials: WoodSiding
Additional Structures: Shed(s)

We can help!

Listing Contact

Adrian Ong

Listing agent Adrian Ong License #97075-94

Listing office Donnellan Real Estate 1720 Harding Ave, Eau Claire, WI

Listing date Mar 16, 2025

MLS# 1589562 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.

HighLights

Well‑maintained duplex ideal for investment or owner‑occupancy.
Located in the heart of Chippewa Falls, walking distance to downtown shops, restaurants, and entertainment.
Long‑term, reliable tenants on month‑to‑month leases.
Rents currently below market value, offering potential for increased income.
Each unit includes a bonus storage shed.
Includes essential appliances: Electric Water Heater, Oven, Range, and Refrigerator.

Overview

This well-maintained duplex is located in the heart of Chippewa Falls, WI, within walking distance of downtown shops, restaurants, and entertainment. The property is suitable for investment or owner-occupancy. Each unit has access to a storage shed. The building has a total area of 1824 square feet and is situated on a 0.09-acre lot. The property features long-term, reliable tenants on month-to-month leases. The current rents are below market value, offering the potential to maximize return on investment.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$23.0k	$12.60
− Vacancy	−$1.3k	−$0.69
EGI	$21.7k	$11.91
− OpEx	−$6.5k	−$3.57
NOI	$15.2k	$8.33

1,824 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$217.2K

$190.0K – $253.4K (±1% cap)

NOI $15,203 @ 7.0% cap · market cap 7.61%

Second Best

Apartment 5plus

$196.1K

$171.6K – $228.7K (±1% cap)

NOI $13,724 @ 7.0% cap · market cap 6.87%

Theoretical Best

Warehouse

$1.01M

$886.1K – $1.18M (±1% cap)

NOI $70,884 @ 7.0% cap · market cap 35.46%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Chippewa Falls
County: Chippewa
State: Wisconsin
Longitude: -91.396733
Latitude: 44.932741

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For sale
Duplexes
WI
Chippewa Falls
54729
326 W Spring Street

What type of property is this?

Duplex - Well-maintained duplex near downtown Chippewa Falls with investment potential.

Where is this duplex located?

The property is located at 326 W Spring Street Chippewa Falls, WI.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: Well‑maintained duplex ideal for investment or owner‑occupancy.; Located in the heart of Chippewa Falls, walking distance to downtown shops, restaurants, and entertainment.; Long‑term, reliable tenants on month‑to‑month leases.

326 W Spring Street, Chippewa Falls, WI 54729

MULTI_FAMILY - Chippewa Falls, WI

Property Features for 326 W Spring Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Pole Building with Heated Office

Heated Garage Office Building

Signage Manufacturing and Branding Facility

Historic Building in Downtown Chippewa

Bar and Grill with Apartment

2022 Commercial Warehouse with Office

Chippewa Falls Duplex on Large Lot

Refurbished Duplex Income Property

Modern Warehouse with Office

Victorian in Chippewa Falls

Chippewa Falls Duplex For Sale

Two-Unit Duplex With Yard

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