Updated Duplex with
New
For Sale
$229,900
126 W Cedar Street, Chippewa Falls, WI 54729
MULTI_FAMILY - Chippewa Falls, WI
Property Size1,824 SF
Price / SF$126.04
Days on Market6
Property Features for 126 W Cedar Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Patio and Porch features
Deck
Elementary school district
Chippewa Falls Area Unified
Middle school district
Chippewa Falls Area Unified
High school district
Chippewa Falls Area Unified
Directions
North on Bridge, West on Cedar to home on right. Driveway off alley - alley off of Superior St
Standard status
Active
APN
22808-0624-60070110
Size
1,824 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2572
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Baseboard
Cooling system
Window Unit(s)
Water source
Public
Amenities
porch
Building Details
Year built
1887
Number of units
2
Building materials
AluminumSiding, VinylSiding
Listing Agency:
CB Brenizer/Chippewa
(715) 723-5521
Listed By:
Amber Linhart · License #68163-94
(715) 723-5521
Added: Jul 29
Last Checked: Aug 3 at 5:06PM
MLS# 1603533
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 freshly updated duplex features a spacious three-bedroom lower unit and a large one-bedroom upper unit. Both units have been freshly painted, and most new flooring has been installed throughout. The property includes a large porch off the lower unit and a deck, providing outdoor space for both tenants and day-to-day use.
Additional conveniences include off-street parking with driveway access and a two-car garage. The duplex has forced air and baseboard heating, plus window unit cooling. Water and sewer services are provided through public water and public sewer.
Built in 1887, the property offers a basement and aluminum and vinyl siding. The configuration supports either rental income or owner occupancy with an additional unit.
Additional conveniences include off-street parking with driveway access and a two-car garage. The duplex has forced air and baseboard heating, plus window unit cooling. Water and sewer services are provided through public water and public sewer.
Built in 1887, the property offers a basement and aluminum and vinyl siding. The configuration supports either rental income or owner occupancy with an additional unit.
Key Highlights
- Updated duplex with three‑bedroom lower unit and large one‑bedroom upper unit
- Freshly painted interiors with most new flooring throughout both units
- Large porch off the lower unit plus a deck for outdoor space
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 | $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
NOI $15,203 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$196.1K
$171.6K – $228.7K
NOI $13,724 @ 7.0% cap · market cap 5.97%
Theoretical Best
Warehouse
$1.01M
$886.1K – $1.18M
NOI $70,884 @ 7.0% cap · market cap 30.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
360
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Freshly updated West Hill duplex with a large deck, off-street parking, and public utilities.
Where is this duplex located?
The property is located at 126 W Cedar Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Updated duplex with three‑bedroom lower unit and large one‑bedroom upper unit; Freshly painted interiors with most new flooring throughout both units; Large porch off the lower unit plus a deck for outdoor space
