Updated Duplex with Private
For Sale
$270,000
5067 County Highway K Unit 2, Chippewa Falls, WI 54729
Two-bedroom units offer flexible occupancy arrangements, private sheds, and tenant-paid utilities and exterior maintenance.
Property Size1,800 SF
Lot Size0.50 Acres
Price / SF$150
Days on Market88
Property Features for 5067 County Highway K Unit 2
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.50 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private storage shed
Building Details
Year Built
1970
Buildings
1
Listing Agency:
Icon Realty
Listed By:
Katherine Lillie
(715) 781-9248
Source:
Danrealtygroup
Added: Jul 21
Changed: Oct 11
Last Checked: Oct 15 at 2:34AM
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 Icon Realty
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Investment Insights
Based on property information with market context.
This duplex contains two two-bedroom, one-bath units within an 1,800-square-foot property on a half-acre lot. Both residences include full unfinished basements for storage, private storage sheds, and updates completed in 2022, including carpet, paint, plumbing, exterior locks, bathroom exhaust fans, attic insulation, and kitchen cabinetry. A new septic pump and hot water heater were installed in 2024, followed by another hot water heater installation in 2026.
The property is located at 5067 County Highway K Unit 2 in Chippewa Falls, Wisconsin, and was built in 1970. Tenants are responsible for utilities, lawn care, and snow removal. One tenancy extends through October, while the other is month-to-month, providing different timing for future occupancy or leasing decisions.
The property is located at 5067 County Highway K Unit 2 in Chippewa Falls, Wisconsin, and was built in 1970. Tenants are responsible for utilities, lawn care, and snow removal. One tenancy extends through October, while the other is month-to-month, providing different timing for future occupancy or leasing decisions.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units
- 1,800 square feet on a half‑acre lot
- Full unfinished basements and private storage sheds for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,003
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,060
$300.1K
Cap Rate 7%
$214,329
$214.3K
Cap Rate 9%
$166,700
$166.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$22.7K $12.60/SF
− Vacancy
−$1.2K −$0.69/SF
EGI
$21.4K $11.91/SF
− OpEx
−$6.4K −$3.57/SF
NOI
$15.0K $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%
$300,060
Cap Rate 7%
$214,329
Cap Rate 9%
$166,700
Alternative Uses
Best Use
Multifamily LT 5
$214.3K
$187.5K – $250.1K
NOI $15,003 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$193.5K
$169.3K – $225.7K
NOI $13,543 @ 7.0% cap · market cap 5.02%
Theoretical Best
Warehouse
$999.3K
$874.4K – $1.17M
NOI $69,951 @ 7.0% cap · market cap 25.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units offer flexible occupancy arrangements, private sheds, and tenant-paid utilities and exterior maintenance.
Where is this duplex located?
The property is located at 5067 County Highway K Unit 2 Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; 1,800 square feet on a half‑acre lot; Full unfinished basements and private storage sheds for both units
