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Duplex with Detached Garage
For Sale
$271,900

512 Ripley Avenue, Eau Claire, WI 54701

ResidentialIncome, Eau Claire, WI

Property Size1,890 SF
Lot Size0.16 Acres
Price / SF$143.86
Days on Market43

Property Features for 512 Ripley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Duplex
Rooms Basement
Parking features Driveway
Appliances Dryer, Microwave, NoHotWater, Oven, Range, Refrigerator, Washer
Elementary school district Eau Claire Area
Middle school district Eau Claire Area
High school district Eau Claire Area
Directions Farwell St to E on Putnam Dr to S on Rust St to Ripley Ave
Standard status Active
APN 221030863
Size 1,890 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4627

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s), Wall Unit(s)
Water source Public

Amenities

detached garage
off-street parking

Building Details

Year built 1940
Number of units 2
Building materials VinylSiding
Listing Agency: Woods & Water Realty Inc/Regional Office
Listed By: Jennifer Schafer · License #85743-94
Added: Jul 28 Changed: Sep 3 Last Checked: Sep 8 at 1:06PM
MLS# 1603682

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 1,890-square-foot duplex contains two two-bedroom, one-bath residences within a 1940-built property. The owner-occupied unit is scheduled to be vacant at closing, providing immediate occupancy. Separate utilities serve the units, and the property includes a detached garage, driveway parking, and basement space. Existing appliances include ranges, ovens, refrigerators, microwaves, washers, and dryers. Vinyl siding, forced-air heat, and window- and wall-mounted cooling systems complete the primary improvements.

Set on 0.16 acres in Eau Claire, the property is near UW-Eau Claire and downtown, with parks, restaurants, shopping, and bus routes also identified in the surrounding area. Public water and public sewer serve the duplex. The established rental history and two-unit configuration support continued income-producing use, while the vacant owner-occupied unit offers flexibility for a buyer seeking on-site occupancy.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in a 1,890‑square‑foot duplex
  • Owner‑occupied unit will be vacant at closing
  • Separate utilities serve the two residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery Plumbing Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 54701, WI

41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences each offer two bedrooms, one bathroom, and separately metered utilities.
Where is this duplex located?
The property is located at 512 Ripley Avenue Eau Claire, WI.
What is the asking price?
The asking price for this property is $271,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a 1,890‑square‑foot duplex; Owner‑occupied unit will be vacant at closing; Separate utilities serve the two residences
More about this property
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