Downtown Duplex with Detached
For Sale
$184,900
24 W Birch Street, Chippewa Falls, WI 54729
ResidentialIncome, Chippewa Falls, WI
Property Size1,934 SF
Lot Size0.09 Acres
Price / SF$95.60
Days on Market48
Property Features for 24 W Birch Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Rooms
Basement
Parking features
Driveway
Patio and Porch features
Porch
Appliances
GasWaterHeater, Oven, Range, Refrigerator
Elementary school district
Chippewa Falls Area Unified
Middle school district
Chippewa Falls Area Unified
High school district
Chippewa Falls Area Unified
Directions
US 53N, Exit 96 for Co Hwy X/WI-29 toward Chippewa Falls, Slight left on US53 ALT ramp, Left onto US 53 Alt/WI-29 Business E, Left on Wagner St, Left on Island St, Right on W Birch St, property on your left
Standard status
Active
APN
22808061360061704B
Size
1,934 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALLEN'S ADDITION LOT 4 THE SW 1/2 BLK 17
Tax Annual Amount
2208
Legal Description
ALLEN'S ADDITION LOT 4 THE SW 1/2 BLK 17
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Radiant
Water source
Public
Amenities
laundry
storage
Building Details
Year built
1887
Number of units
2
Building materials
AluminumSiding, VinylSiding
Listing Agency:
C21 Affiliated · Century 21 Real Estate
(715) 832-2222
Listed By:
Liz Thompson · License #85897-94
(262) 893-6049
Added: Sep 13
Last Checked: Oct 30 at 12:06PM
MLS# 1604402
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.
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Investment Insights
Based on property information with market context.
This 1,934-square-foot duplex, built in 1887, contains two residential units with matching layouts of two bedrooms and one full bathroom. Shared laundry is located in the lower level, while the property also includes a detached two-car garage with alley access, a driveway, and a porch. The residence has aluminum and vinyl siding, hot water radiant heating, public water, and public sewer. Included appliances are a gas water heater, oven, range, and refrigerator.
Positioned in downtown Chippewa Falls, the property is within walking distance of shopping, dining, entertainment, parks, and other local amenities. The garage roof has been replaced, and the main house roof is scheduled for replacement before closing with a transferable warranty. Long-term tenants are already in place.
Positioned in downtown Chippewa Falls, the property is within walking distance of shopping, dining, entertainment, parks, and other local amenities. The garage roof has been replaced, and the main house roof is scheduled for replacement before closing with a transferable warranty. Long-term tenants are already in place.
Key Highlights
- Two‑unit duplex with 1,934 square feet of property size
- Each unit includes 2 bedrooms and 1 full bathroom
- Shared detached two‑car garage with alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,120
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,400
$322.4K
Cap Rate 7%
$230,286
$230.3K
Cap Rate 9%
$179,111
$179.1K
Market Conditions
NOI Build-Up for 1,934 SF
Gross rent
$24.4K $12.60/SF
− Vacancy
−$1.3K −$0.69/SF
EGI
$23.0K $11.91/SF
− OpEx
−$6.9K −$3.57/SF
NOI
$16.1K $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%
$322,400
Cap Rate 7%
$230,286
Cap Rate 9%
$179,111
Alternative Uses
Best Use
Multifamily LT 5
$230.3K
$201.5K – $268.7K
NOI $16,120 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$207.9K
$181.9K – $242.5K
NOI $14,551 @ 7.0% cap · market cap 7.87%
Theoretical Best
Warehouse
$1.07M
$939.5K – $1.25M
NOI $75,159 @ 7.0% cap · market cap 40.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units, shared laundry, and alley-accessible parking support practical residential income use near downtown amenities.
Where is this duplex located?
The property is located at 24 W Birch Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,934 square feet of property size; Each unit includes 2 bedrooms and 1 full bathroom; Shared detached two‑car garage with alley access
