Tri-Plex with Detached
126 W Columbia Street Chippewa Falls, WI 54729
126 W Columbia Street, Chippewa Falls, WI, 54729
$277,400
For Sale
$277,400
For sale investment property with a tri-plex and a detached duplex, plus on-site parking and yard space.
Property Size2,280 SF
Price / SF$121.67
Days on Market455
Property Features for 126 W Columbia Street
General Information
- Standard status
- Active
- Size
- 2,280 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Property Executives Realty
(715) 377-6350
Listed by
Laine Anderson
(715) 377-6350
Source
Exitrealty
Added: Apr 24, 2025 Updated: Jul 21 at 2:56PM Checked: Jul 21 at 2:56PM
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 Property Executives Realty
Investment Insights
Based on property information with market context.
This investment property includes a tri-plex and a detached duplex on the same site. The tri-plex contains multiple units, including a studio apartment with a bath, and it has a shared furnace and central air unit. The detached duplex is separately configured with its own shared furnace and central air unit.
The property provides on-site parking and yard space, with shopping within walking distance in downtown Chippewa Falls. Both buildings share an electric box.
The back duplex is approximately 936 square feet, and the tri-plex is approximately 2,250 square feet; buyers should verify all measurements. A 48-hour notice is required.
The property provides on-site parking and yard space, with shopping within walking distance in downtown Chippewa Falls. Both buildings share an electric box.
The back duplex is approximately 936 square feet, and the tri-plex is approximately 2,250 square feet; buyers should verify all measurements. A 48-hour notice is required.
Key Highlights
- Downtown Chippewa Falls investment property with a tri‑plex (approx. 2,250 SF—buyer to verify) plus a detached duplex
- Tri‑plex includes a 5th unit studio apartment with a bath
- Both buildings are fully rented
Local 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 | $28.7k | $12.60 |
| − Vacancy | −$1.6k | −$0.69 |
| EGI | $27.1k | $11.91 |
| − OpEx | −$8.1k | −$3.57 |
| NOI | $19.0k | $8.33 |
2,280 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$271.5K
$237.6K – $316.7K
NOI $19,004 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$245.1K
$214.4K – $285.9K
NOI $17,155 @ 7.0% cap · market cap 6.18%
Theoretical Best
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,605 @ 7.0% cap · market cap 31.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale investment property with a tri-plex and a detached duplex, plus on-site parking and yard space.
Where is this duplex located?
The property is located at 126 W Columbia Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $277,400.
What are key features of this property?
This property features: Downtown Chippewa Falls investment property with a tri‑plex (approx. 2,250 SF—buyer to verify) plus a detached duplex; Tri‑plex includes a 5th unit studio apartment with a bath; Both buildings are fully rented
