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102-Unit Apartment Property
For Sale
Contact for pricing
Pending

588 Maitland Dr, Chippewa Falls, WI 54729

Mixed ranch, townhome, and duplex configurations feature individual entrances and garage access throughout the property.

Property SizeContact for details
Days on Market143

Property Features for 588 Maitland Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Aspen Management, LLC
Listed By: James Derks · License #WI 52063-90
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:38PM

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 Aspen Management, LLC

Investment Insights

Based on property information with market context.

This 102-unit apartment property in Chippewa Falls was originally developed as condominiums and has operated as rental apartments since construction. The community includes 84 ranch-style units with attached one-car garages, along with townhome-style buildings and a duplex. Every unit has an individual entrance and garage, while separate tax keys are assigned to each unit.

Occupancy has remained above 99% since the current owner acquired the property in 2014. Tenants pay the utilities serving their units. Ownership is responsible for common-area water supporting the underground sprinkler system and electricity for the on-site office and garage. A condominium association is in place, and the property provides access to major highways and downtown Chippewa Falls.

Key Highlights

  • 102 units with a mix of ranch‑style, townhome‑style, and duplex buildings
  • 84 ranch‑style units include attached 1‑car garages
  • Every unit has an individual entrance and garage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Discount 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.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed ranch, townhome, and duplex configurations feature individual entrances and garage access throughout the property.
Where is this apartment building located?
The property is located at 588 Maitland Dr Chippewa Falls, WI.
What are key features of this property?
This property features: 102 units with a mix of ranch‑style, townhome‑style, and duplex buildings; 84 ranch‑style units include attached 1‑car garages; Every unit has an individual entrance and garage
More about this property
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