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Duplex With Detached Garage
For Sale
$271,900

512 Ripley Ave Unit 514, Eau Claire, WI 54701

Two residential units offer owner-occupancy flexibility, separate utilities, and off-street parking.

Property Size1,890 SF
Price / SF$143.86
Days on Market34

Property Features for 512 Ripley Ave Unit 514

General Information

Standard status Active
Size 1,890 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1940
Listing Agency: Woods & Water Realty Inc/Regional Office
Listed By: Jennifer Schafer · License #85743-94
Source: Homcentric
Added: Jul 30 Changed: Aug 31 Last Checked: Aug 30 at 8:02PM

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 Woods & Water Realty Inc/Regional Office

Investment Insights

Based on property information with market context.

Built in 1940, this duplex contains two 2-bedroom, 1-bath residences. The unit currently occupied by the owner will be vacant at closing, allowing a buyer to take possession of that space while retaining a second unit for rental use. Each residence has separate utilities, and the property includes a detached garage plus off-street parking.

The property is located at 512 Ripley Avenue in Eau Claire, near the University of Wisconsin–Eau Claire and downtown Eau Claire. Parks, restaurants, shopping, and bus routes are also nearby, providing access to a range of everyday amenities and transportation options.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • Owner‑occupied unit to be vacant at closing
  • Separate utilities for each unit

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

2
Residential units

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer owner-occupancy flexibility, separate utilities, and off-street parking.
Where is this duplex located?
The property is located at 512 Ripley Ave Unit 514 Eau Claire, WI.
What is the asking price?
The asking price for this property is $271,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Owner‑occupied unit to be vacant at closing; Separate utilities for each unit
More about this property
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