Well-Maintained Duplex on 0.75-Acre
For Sale
$455,000
3927-3929 139th Street, Chippewa Falls, WI 54729
MULTI_FAMILY - Chippewa Falls, WI
Property Size2,240 SF
Lot Size0.75 Acres
Price / SF$203.13
Days on Market95
Property Features for 3927-3929 139th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential
Parking features
Open, Driveway
Patio and Porch features
Porch, Patio
Interior features
CeilingFans
Appliances
Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Elementary school district
Chippewa Falls Area Unified
Middle school district
Chippewa Falls Area Unified
High school district
Chippewa Falls Area Unified
Directions
Take Hwy 124 Towards Chippewa Falls, South on Woodward Ave, East onto 40th Ave, South onto 139th Street to property on Left side
Standard status
Active
APN
22808191166830016
Size
2,240 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3082
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Number of units
2
Building materials
VinylSiding
Listing Agency:
Building Hope Realty
(715) 271-6989
Listed By:
Nathan Martell · License #54767-90
(715) 271-6989
Added: May 22
Changed: Jul 29
Last Checked: Aug 24 at 10:06AM
MLS# 1601508
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 well-maintained duplex features two separate, one-level units, with 2 bedrooms and 1 bathroom per side. Each unit includes a covered front porch and a side concrete patio, providing outdoor space that’s convenient for everyday use. The property sits on a spacious 0.75-acre lot.
The duplex is located near Weber fields in Lake Hallie, and it is described as being close to access for Chippewa Falls and Eau Claire highways. The address is 3927-3929 139th Street, Chippewa Falls, WI 54729.
With two mirrored layouts and independent living space, the property can work for an owner-occupant who wants to live in one side while renting the other. It may also fit buyers seeking a residential income property configuration with consistent unit mix across both sides. A private showing is the best way to review the floorplans, finishes, and outdoor spaces firsthand.
The duplex is located near Weber fields in Lake Hallie, and it is described as being close to access for Chippewa Falls and Eau Claire highways. The address is 3927-3929 139th Street, Chippewa Falls, WI 54729.
With two mirrored layouts and independent living space, the property can work for an owner-occupant who wants to live in one side while renting the other. It may also fit buyers seeking a residential income property configuration with consistent unit mix across both sides. A private showing is the best way to review the floorplans, finishes, and outdoor spaces firsthand.
Key Highlights
- Duplex built in 2005 with 2 bedrooms and 1 bath per side
- Ceiling fans and central air; forced‑air heating
- Each unit includes appliances: refrigerator, oven/range, microwave, dishwasher, washer, and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,670
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,400
$373.4K
Cap Rate 7%
$266,714
$266.7K
Cap Rate 9%
$207,444
$207.4K
Market Conditions
NOI Build-Up for 2,240 SF
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.
Gross rent
$28.2K $12.60/SF
− Vacancy
−$1.6K −$0.69/SF
EGI
$26.7K $11.91/SF
− OpEx
−$8.0K −$3.57/SF
NOI
$18.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,400
Cap Rate 7%
$266,714
Cap Rate 9%
$207,444
Alternative Uses
Best Use
Multifamily LT 5
$266.7K
$233.4K – $311.2K
NOI $18,670 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$240.8K
$210.7K – $280.9K
NOI $16,854 @ 7.0% cap · market cap 3.70%
Theoretical Best
Warehouse
$1.24M
$1.09M – $1.45M
NOI $87,050 @ 7.0% cap · market cap 19.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two one-level units with covered porches and patios, offering straightforward owner-occupant or rental flexibility.
Where is this duplex located?
The property is located at 3927-3929 139th Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Duplex built in 2005 with 2 bedrooms and 1 bath per side; Ceiling fans and central air; forced‑air heating; Each unit includes appliances: refrigerator, oven/range, microwave, dishwasher, washer, and dryer
