Updated Duplex with Enclosed
For Sale
Under Contract
$199,000
107 S Grove Street, Chippewa Falls, WI 54729
ResidentialIncome, Chippewa Falls, WI
Property Size1,825 SF
Lot Size0.19 Acres
Price / SF$109.04
Days on Market49
Property Features for 107 S Grove Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Rooms
Basement
Parking features
Driveway
Appliances
ElectricWaterHeater, Refrigerator, RangeHood
Elementary school district
Chippewa Falls Area Unified
Middle school district
Chippewa Falls Area Unified
High school district
Chippewa Falls Area Unified
Directions
Bridge St to East up Court St to North on Grove St.
Standard status
Active Under Contract
APN
22808053260013203
Size
1,825 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2032
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air
Water source
Public
Building Details
Year built
1875
Number of units
2
Building materials
VinylSiding
Listing Agency:
Woods & Water Realty Inc/Regional Office
(715) 723-4663
Listed By:
Kara Watts · License #81372-94
(847) 274-1497
Added: Sep 2
Changed: Sep 17
Last Checked: Oct 20 at 5:06PM
MLS# 1604377
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,825-square-foot duplex on a 0.19-acre lot was built in 1875 and offers two separate residences. The main-level unit includes three bedrooms, hardwood flooring, an eat-in kitchen, washer and dryer hookups, and an enclosed front porch. It is currently vacant, while the upper unit is occupied by a month-to-month tenant who wants to remain. A driveway provides on-site parking.
Property improvements include a metal roof installed in 2015, windows and vinyl siding added in 2002, updated bathroom flooring, interior repainting, and a furnace installed in 2020. The property has public water and public sewer, with forced-air and baseboard heating. Located at 107 S Grove Street in Chippewa Falls, Wisconsin, the duplex offers an owner-occupancy or rental configuration supported by the existing two-unit layout.
Property improvements include a metal roof installed in 2015, windows and vinyl siding added in 2002, updated bathroom flooring, interior repainting, and a furnace installed in 2020. The property has public water and public sewer, with forced-air and baseboard heating. Located at 107 S Grove Street in Chippewa Falls, Wisconsin, the duplex offers an owner-occupancy or rental configuration supported by the existing two-unit layout.
Key Highlights
- 1,825‑square‑foot duplex on a 0.19‑acre lot
- Main‑level residence is vacant and includes three bedrooms
- Upper unit has a month‑to‑month tenant who wants to remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,211
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,220
$304.2K
Cap Rate 7%
$217,300
$217.3K
Cap Rate 9%
$169,011
$169.0K
Market Conditions
NOI Build-Up for 1,825 SF
Gross rent
$23.0K $12.60/SF
− Vacancy
−$1.3K −$0.69/SF
EGI
$21.7K $11.91/SF
− OpEx
−$6.5K −$3.57/SF
NOI
$15.2K $8.33/SF
Area
Chippewa County, WI
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,220
Cap Rate 7%
$217,300
Cap Rate 9%
$169,011
Alternative Uses
Best Use
Multifamily LT 5
$217.3K
$190.1K – $253.5K
NOI $15,211 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$196.2K
$171.6K – $228.9K
NOI $13,731 @ 7.0% cap · market cap 6.90%
Theoretical Best
Warehouse
$1.01M
$886.5K – $1.18M
NOI $70,923 @ 7.0% cap · market cap 35.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
Demographics for 54729, WI
33,980
Population
15,386
Households
2.2
Avg Household Size
42
Median Age
30%
College-Educated
95%
High-School Grad
165.0 sq mi
ZIP Area
206
Density / Sq Mi
$76,603
Median Household Income
$44,792
Median Earnings
$1,022
Median Rent
$263,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with a vacant main-level residence and an occupied upper unit.
Where is this duplex located?
The property is located at 107 S Grove Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,825‑square‑foot duplex on a 0.19‑acre lot; Main‑level residence is vacant and includes three bedrooms; Upper unit has a month‑to‑month tenant who wants to remain
