1830 Wheaton St Chippewa Falls, WI 54729
This exceptional investment opportunity presents a nine-unit apartment building situated at 1830 Wheaton Street in Chippewa Falls, Wisconsin, 54729. The property boasts a total of 7,000 square feet and sits on a one-acre lot. Constructed in 1976, this multifamily property comprises nine units, each featuring two bedrooms and one bathroom. A significant advantage is the inclusion of a detached two-car garage, offering additional value and potential rental income. Further enhancing the property's income stream is a coin-operated laundry facility, generating supplemental monthly revenue. The building enjoys a history of solid rental income, presenting a clear path to increased cash flow. Currently, the landlord covers all utilities; however, electricity is separately metered for each unit, offering potential for cost savings and increased profitability. This property represents a compelling investment opportunity in a stable market, with the potential for immediate returns and long-term growth. The property's location in Chippewa Falls provides convenient access to local amenities and services. This is a turnkey investment ready for a new owner to step in and manage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.