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Travis Hamele
travishamelebroker@chime.me$145,000
Est. payment /mo
1,712 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,712 sqft
Price per Sqft $84
MLS Listing ID 1597243
Year Built 1900
Annual Tax Amount $1,450
Tax Year 2024
Lot Size 8,877 Sqft
Acres 0.2038
Property Description
100% Leased Duplex With Long-Term Tenants + Recent Capital Improvements. This fully leased duplex is an excellent fit for investors, especially those looking to make a smart first step into multifamily ownership with an estimated cap rate of 9%, depending on operating costs and management strategy. The property includes two 2-bedroom, 1-bath units, both occupied with leases secured through June and July of 2026, providing consistent and predictable income. The duplex generates $1,425/month ($17,100/year) in current rent. Both tenants are already accustomed to online rent payments and automatic late-fee structures, offering smoother collections for any buyer who prefers to continue with a digital platform (currently apartments.com). A new roof installed in 2022 and electrical upgrades completed in 2024 provide recent major updates significantly reducing near-term maintenance concern. This duplex presents a straightforward, financially sound opportunity for a buyer seeking stable tenancy, updated systems, and a property that performs without requiring heavy repositioning. A strong choice for anyone building a small investment portfolio or stepping confidently into income-producing real estate.
Location
State WI
County Buffalo
Zoning Residential-Multifamily
Rooms
Basement Crawl Space, Partial, Stone
Interior
Interior Features Circuit Breakers
Heating Natural Gas
Cooling Wall A/C, Forced Air
Exterior
Exterior Feature Wood
Building
Dwelling Type Duplex
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Mondovi
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Listed by RE/MAX Results Eau Claire
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Travis Hamele