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For sale
  • Price cut: $10K (4/23)
    $249,900

    539 Lake Street #1-2, Eau Claire, WI 54703

    5beds
    --sqft
    : 
    Multi Family, Duplex
    Built in 1870
    -- sqft lot
    $249,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated kitchens
    This student rental duplex is located in a prime location near campus and offers a strong rental history, making it an excellent investment opportunity. Both units feature updated kitchens and bathrooms and are currently leased to one group of students who rent the entire property. The property generates a base rent of $2,250 per month, with additional income from water and landlord liability fees bringing the total monthly income to $2,422.50. The lease is secured through May of 2026, providing stable cash flow. A detached storage building/garage is currently used by the property manager but offers potential for future rental income or additional storage space.
    22 days
    on Zillow
    |
    489
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 02:49am

    Listed by:

    David Donnellan 715-577-9027,

    Donnellan Real Estate

    Source: WIREX MLS,MLS#: 1590154MLS LogoOriginating MLS: REALTORS Association of Northwestern WI
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 539 Lake Street #1-2.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Hot Water
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    Features
    • Basement: Partial,Other
    • Has fireplace: No
    Interior area
    • Living area range: 2001-2500 Square Feet
    Video & virtual tour

    Property

    Lot
    • Size: 8,315.6 Square Feet
    Details
    • Parcel number: 070184
    • Zoning: Residential-Duplex

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Aluminum/Steel
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Eau Claire
    • Municipality: Eau Claire

    Financial & listing details

    • Annual tax amount: $3,743
    • Date on market: 4/4/2025
    • Inclusions: Included:dishwasher, Included:dryer, Included:microwave, Included:oven/Range, Included:refrigerator, Included:washer
    • Exclusions: Excluded:tenants Personal
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