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Two-Unit Duplex with Garage
For Sale
$271,900

514-512 Ripley Ave, Eau Claire, WI 54701

Two-bedroom units support owner occupancy or separate residential rental use.

Property Size1,890 SF
Price / SF$143.86
Days on Market36

Property Features for 514-512 Ripley Ave

General Information

Standard status Active
Size 1,890 SF
Property subtype Residential Income

Units

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

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,626

Amenities

detached garage

Building Details

Buildings 1
Listing Agency: Woods & Water Realty Inc/Regional Office
Listed By: Jennifer Schafer · License #85743-94
Source: Exprealty
Added: Jul 28 Changed: Aug 21 Last Checked: Aug 31 at 7:40PM

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.

This duplex contains two 2-bedroom, 1-bath units within 1,890 square feet. One unit will be vacant at closing, allowing immediate occupancy, while the second unit provides separate residential space. Separate utilities support distinct unit operations, and the property includes a detached garage and off-street parking.

Located at 514-512 Ripley Ave in Eau Claire, the property is near UW-Eau Claire, downtown Eau Claire, parks, restaurants, shopping, and bus routes. Its two-unit configuration offers flexibility for an owner occupant or a buyer seeking a residential income property.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • 1,890 square feet of total property size
  • One owner‑occupied unit vacant at closing

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-bedroom units support owner occupancy or separate residential rental use.
Where is this duplex located?
The property is located at 514-512 Ripley Ave 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; 1,890 square feet of total property size; One owner‑occupied unit vacant at closing
More about this property
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