Turnkey 6-unit multifamily investment opportunity located in a desirable Eau Claire location, offering established cash flow and a proven rental history. This well-maintained property provides investors with a stabilized asset featuring several recent interior updates, including new flooring and fresh paint in multiple units, helping reduce near-term capital needs while enhancing overall tenant appeal and long-term durability. The property offers a strong and practical unit mix of four 2-bedroom units and two 1-bedroom units, supporting steady tenant demand and long-term occupancy stability. Each unit includes off-street parking and private basement storage, added conveniences that further strengthen tenant retention in this rental market. Offered at $559,000, equating to approximately $93,167 per unit, this asset presents an attractive value opportunity for multifamily investors. Property was pre-appraised at $660,000 in April 2025, further supporting the property’s strong value proposition and investment potential. Consistent occupancy and reliable income performance, this property presents a stable, low-maintenance investment opportunity in the Eau Claire rental market, well-suited for investors seeking dependable cash flow and portfolio expansion.

Property Subtype: Multifamily Lot

Style:

Year Built: 1972

County: Eau Claire

School District: Eau Claire Area

Lot: 0.21 Acres

Listing Agency: General Property Management LLC

Listing Agent: Brooke Peterson

Tax Amount: $5,691 for 2025

Unit Information


Interior Features


Basement:

Crawl Space, Other, See Remarks

Cooling:

None

Heating:

Baseboard

Fireplaces:

N

Sewer:

Public Sewer

Water:

Public

Exterior and Lot Features


Parking:

Yes

$559,900

Active w/ Offer


609 Mount Nemo Avenue
Eau Claire, WI 54703

MLS# 1601477 | Listed 24 days ago


0 Bedroom | 0 Bathroom