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18-Unit Apartment Building

1-331 W Washington Ave, Fall Creek, WI 54742

For Sale
$1,300,000

The multifamily property may suit continued apartment use or participation in a housing program.

Property Size15,000 SF
Price / SF$86.67
Days on Market14

Property Features for 1-331 W Washington Ave

General Information

Standard status Active
Size 15,000 SF
Property subtype Residential Income

Additional Details

Multifamily Units 18

Taxes and HOA fees

Annual Taxes $12,032
Listing Agency: Eau Claire Realty
Listed By: Jonathan Koestler
Source: Exprealty
Added: Nov 1 Changed: Nov 11 Last Checked: Nov 12 at 11:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eau Claire Realty

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Investment Insights

Based on property information with market context.

This 18-unit apartment building contains 15,000 square feet. Its prior use was low-income housing, and the property may be operated as a multifamily complex or enrolled in a housing program.

Key Highlights

  • 18‑unit apartment complex
  • 15,000‑square‑foot apartment building
  • Previously used for low‑income housing; potential program enrollment is noted

Property Analytics

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 54742, WI

4,848
Population
1,805
Households
2.7
Avg Household Size
41
Median Age
34%
College-Educated
95%
High-School Grad
108.0 sq mi
ZIP Area
45
Density / Sq Mi
$92,353
Median Household Income
$42,781
Median Earnings
$1,069
Median Rent
$272,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The multifamily property may suit continued apartment use or participation in a housing program.
Where is this apartment building located?
The property is located at 1-331 W Washington Ave Fall Creek, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 18‑unit apartment complex; 15,000‑square‑foot apartment building; Previously used for low‑income housing; potential program enrollment is noted
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