Chippewa Falls Duplex
326 W Spring Street 1 & 2 Chippewa Falls, WI 54729
326 W Spring Street 1 & 2, Chippewa Falls, WI, 54729
$199,900
For Sale
$199,900
Well-maintained duplex near downtown Chippewa Falls with income potential.
Property Size1,824 SF
Price / SF$109.59
Days on Market490
Property Features for 326 W Spring Street 1 & 2
General Information
- Standard status
- Active
- Size
- 1,824 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency
Donnellan Real Estate
(715) 600-4604
Listed by
Adrian Ong · License #97075-94
(715) 600-4604
Source
Exitrealty
Added: Mar 16, 2025 Checked: Jul 17 at 3:16 am
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 Donnellan Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex is located in Chippewa Falls, within walking distance of downtown shops, restaurants, and entertainment. The property is suitable as an investment or for owner-occupancy. The building contains 1824 square feet. Each unit has access to a storage shed. The property is currently occupied by long-term tenants on month-to-month leases, with rents below market value.
Key Highlights
- Duplex offers opportunity for investment or owner‑occupancy.
- Located within walking distance of downtown Chippewa Falls.
- Long‑term, reliable tenants already in place.
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 | $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 7.61%
Second Best
Apartment 5plus
$196.1K
$171.6K – $228.7K
NOI $13,724 @ 7.0% cap · market cap 6.87%
Theoretical Best
Warehouse
$1.01M
$886.1K – $1.18M
NOI $70,884 @ 7.0% cap · market cap 35.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex near downtown Chippewa Falls with income potential.
Where is this duplex located?
The property is located at 326 W Spring Street 1 & 2 Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex offers opportunity for investment or owner‑occupancy.; Located within walking distance of downtown Chippewa Falls.; Long‑term, reliable tenants already in place.
