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Six-Unit Apartment Building For Sale
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615 Mount Nemo Avenue, Eau Claire, WI 54703

Well-maintained 6-unit apartment building in a strong multifamily corridor.

Property Size5,635 SF
Price / SF$103.80
Days on Market104

Property Features for 615 Mount Nemo Avenue

General Information

Standard status Active
Size 5,635 SF
Property subtype Multifamily
Zoning Multi Family
Occupancy 100%
Net Operating Income $40,800

Building Details

Year Built 1972
Buildings 1
Listing Agency: Ultra Commercial Realty
Listed By: Darin Voegeli · License #115056-94
Source: Crexi
Added: May 21 Changed: Aug 8 Last Checked: Aug 30 at 6:18PM

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 Ultra Commercial Realty

Investment Insights

Based on property information with market context.

This is a maintained 6-unit apartment building situated in a strong multifamily corridor with a history of strong occupancy. The property is located in a conforming multifamily area, benefiting from consistent rental demand and long-term investment stability. Its location on a public bus route and proximity to grocery stores, shopping, and retail amenities provide accessibility and convenience for tenants. The property offers a stable scale at 6 units, which may be easier to manage and finance. The property size is 5635 square feet.

Key Highlights

  • Strong historical occupancy record indicates consistent rental income.
  • Located in a strong multifamily corridor with consistent rental demand.
  • Convenient location on a public bus route and close to grocery stores, shopping, and retail amenities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Real Estate Agency Law Firm Hair Salon Pharmacy Bakery

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

390
Businesses Nearby

Demographics for 54703, WI

44,593
Population
19,120
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
550
Density / Sq Mi
$68,801
Median Household Income
$37,521
Median Earnings
$986
Median Rent
$224,600
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?
Apartment building - Well-maintained 6-unit apartment building in a strong multifamily corridor.
Where is this apartment building located?
The property is located at 615 Mount Nemo Avenue Eau Claire, WI.
What is the asking price?
The asking price for this property is $584,900.
What are key features of this property?
This property features: Strong historical occupancy record indicates consistent rental income.; Located in a strong multifamily corridor with consistent rental demand.; Convenient location on a public bus route and close to grocery stores, shopping, and retail amenities.
More about this property
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