Directions
Business 53/N Hastings Way turn East onto Birch St. Turn North onto Mt Nemo Ave. 2nd building on East side of road.
Listing Agency
General Property Management Llc
609 Mount Nemo Avenue, Eau Claire, WI 54703
$559,900.00
MLS# 1601477
Remarks
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.
| Style | Multiplex |
|---|---|
| Type | ResidentialIncome |
| Zoning | Residential-Multifamily |
| Year Built | 1972 |
| School Dist | Eau Claire Area |
| County | Eau Claire |
| Lot Size | 140 x 70 x |
| Acreage | 0.21 acres |
| Garage | N/A |
|---|---|
| Basement | CrawlSpace,Other,SeeRemarks |
| Above Grd | 4,032 sq ft |
| Below Grd | — |
| Tax $ / Year | $5,691 / 2025 |
Includes
ElectricWaterHeater,Oven,Range,Refrigerator
Excludes
N/A
| Basement | CrawlSpace,Other,SeeRemarks |
|---|---|
| Cooling | None |
| Electric | CircuitBreakers |
| Exterior Features | VinylSiding |
| Heating | Baseboard |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Laundry | N |
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Kaiser Realty are marked with the NW WI MLS icon. The information provided by the seller, listing broker, and other parties may not have been verified.
DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Information last updated 5/26/2026.
