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Chippewa Falls Real Estate
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Chippewa Falls Real Estate
MLS # 1601477 609 Mount Nemo Avenue , Eau Claire 54703


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.
Price: $559,900.00
 
Type: Single-Family
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