Search
Duplex with Two Two-Bedroom Units
New
For Sale
$274,900

512 Ripley Avenue, Eau Claire, WI 54701

MULTI_FAMILY - Eau Claire, WI

Property Size1,890 SF
Lot Size0.16 Acres
Price / SF$145.45
Days on Market7

Property Features for 512 Ripley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Duplex
Rooms Basement
Parking features Driveway
Appliances Dryer, Microwave, NoHotWater, Oven, Range, Refrigerator, Washer
Elementary school district Eau Claire Area
Middle school district Eau Claire Area
High school district Eau Claire Area
Directions Farwell St to E on Putnam Dr to S on Rust St to Ripley Ave
Standard status Active
APN 221030863
Size 1,890 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4627

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s), Wall Unit(s)
Water source Public

Building Details

Year built 1940
Number of units 2
Building materials VinylSiding
Listing Agency: Woods & Water Realty Inc/Regional Office
Listed By: Jennifer Schafer · License #85743-94
Added: Jul 28 Changed: Aug 3 Last Checked: Aug 3 at 5:06PM
MLS# 1603682

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 includes two 2-bedroom, 1-bath units. The owner-occupied unit will be vacant at closing, supporting immediate occupancy. The property offers separate utilities, along with a detached garage and off-street parking. Built in 1940 with vinyl siding, the home has forced-air heating and wall and window air-conditioning.

The property sits on a 0.16-acre lot and is served by public water and public sewer. It also includes a basement. The location is described as minutes from UW-Eau Claire and downtown Eau Claire, with nearby parks, restaurants, shopping, and bus routes.

The unit setup is designed for flexibility—live in one side while renting the other—supported by the property’s separate utilities and the stated vacancy at closing.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in a duplex
  • Owner‑occupied unit vacant at closing for immediate occupancy
  • Detached garage plus off‑street parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery Plumbing Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby

Demographics for 54701, WI

41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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 - Well-maintained duplex with two 2-bedroom, 1-bath units, detached garage, off-street parking, and separate utilities.
Where is this duplex located?
The property is located at 512 Ripley Avenue Eau Claire, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a duplex; Owner‑occupied unit vacant at closing for immediate occupancy; Detached garage plus off‑street parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message