Duplex with Unit
New
For Sale
$209,000
270 W Elm, Chippewa Falls, WI 54729
ResidentialIncome, Chippewa Falls, WI
Property Size1,763 SF
Price / SF$118.55
Days on Market2
Property Features for 270 W Elm
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Patio and Porch features
Deck
Appliances
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
North on Bridge St, West on Elm. Located just past West Hill Bar and Grill. Corner of Huron St and Elm St.
Standard status
Active
APN
22802-0621-60320212B
Size
1,763 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2201
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
laundry hookups
deck
off street parking
Building Details
Year built
1880
Number of units
2
Building materials
AluminumSiding, VinylSiding
Additional Structures
Shed(s)
Listing Agency:
CB Brenizer/Chippewa
(715) 723-5521
Listed By:
Amber Linhart · License #68163-94
(715) 579-8351
Added: Oct 9
Last Checked: Oct 10 at 5:06PM
MLS# 1605832
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 1,763-square-foot duplex, built in 1880, is arranged as upper and lower residences. Each unit offers two bedrooms, one bathroom, laundry hookups, and a deck. The lower unit has updated LVP flooring, and the property includes a basement room. Two newer furnaces and two newer hot water heaters serve the building, with forced-air heating.
The property has public water and public sewer, along with off-street parking.
The property has public water and public sewer, along with off-street parking.
Key Highlights
- 1,763‑square‑foot duplex with separate upper and lower units
- Each unit has 2 bedrooms, 1 bathroom, laundry hookups, and a deck
- Two newer furnaces and two newer hot water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,694
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,880
$293.9K
Cap Rate 7%
$209,914
$209.9K
Cap Rate 9%
$163,267
$163.3K
Market Conditions
NOI Build-Up for 1,763 SF
Gross rent
$22.2K $12.60/SF
− Vacancy
−$1.2K −$0.69/SF
EGI
$21.0K $11.91/SF
− OpEx
−$6.3K −$3.57/SF
NOI
$14.7K $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%
$293,880
Cap Rate 7%
$209,914
Cap Rate 9%
$163,267
Alternative Uses
Best Use
Multifamily LT 5
$209.9K
$183.7K – $244.9K
NOI $14,694 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$189.5K
$165.8K – $221.1K
NOI $13,265 @ 7.0% cap · market cap 6.35%
Theoretical Best
Warehouse
$978.8K
$856.4K – $1.14M
NOI $68,513 @ 7.0% cap · market cap 32.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
629
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have laundry hookups and off-street parking, with public water and sewer service.
Where is this duplex located?
The property is located at 270 W Elm Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 1,763‑square‑foot duplex with separate upper and lower units; Each unit has 2 bedrooms, 1 bathroom, laundry hookups, and a deck; Two newer furnaces and two newer hot water heaters
