$199,900

4 Beds 3 Baths 1,996 Sqft

2340 Clark Street, Stevens Point, WI 54481

Property Type: Multi-Family
Building Type: Duplex,1.5 Story
Time on Market: 12 days
Price per Sqft: $100
Lot Size: 75x90
Garage: 1 Car
Total Taxes: $3,243
Est. Age: 21+ Years

Description

Turnkey Duplex Investment ? Prime Student Housing Near UWSP. This well-maintained 2-unit duplex offers an exceptional opportunity for investors seeking stable, high-yield rental income in a proven student housing market. Each side features 2 bedrooms and can legally accommodate up to 3 unrelated occupants, allowing for a total of 6 tenants across the property. Strong Income & Occupancy: Fully leased through Summer 2027 with leases secured a full year in advance - providing immediate, predictable cash flow and minimal vacancy risk. Tenant-paid utilities and snow removal significantly reduce operating expenses. Current rental rates: $2,200 per semester per person on one side and $2,000 per semester per person on the other, delivering strong per-unit returns in a high-demand university location. Property Highlights: Updated mechanical systems for reliability and lower maintenance costs. Professionally maintained by a long-time owner with an outstanding track record. Excellent rental history and strong reputation in the local market. 12-hour showing notice required.,Prime Location! Just a short walk to the University of Wisconsin-Stevens Point (UWSP), this property benefits from consistent demand from students seeking convenient, quality off-campus housing. Its proximity to campus ensures reliable occupancy year after year. This is a true hands-off investment with proven performance, immediate income, and built-in appreciation potential in a strong university town. Whether you?re expanding your portfolio or looking for your first multi-unit property, this duplex delivers the stability and returns serious investors demand. There are 3 payments per year with Summer rent at $400.00 per person, due June 1st. Secure your future and build long-term family wealth through real estate. Call today to schedule a private showing and review the full financials. Serious investors only ? this opportunity will not last long.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 998
Unit 2 2 1 1 998

Property Details

Interior

Baths:
  • Full Baths: 2
  • Half Baths: 1
Sqft:
  • Total Sqft: 1,996

Exterior

Garage:
  • Details: 1 Car
  • Spaces: 1.0
Lot:
  • Size: 75x90
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 54481
Street:
  • Name: CLARK STREET
  • Suffix: STREET
Tax Year:
  • 2025

Map

Listing Agent-Provided Directions:
  • Clark & Michigan

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Schools and Neighborhood

Postal City:
  • Stevens Point
Municipality:
  • Name: STEVENS POINT
  • Type: City
County:
  • PORTAGE

Market Comparison

How this property compares to local market averages — calculated 7/2/2026

This Property
Stevens Point Multi Family Home Avg
Portage County Multi Family Home Avg
List Price
$199,900
$536,187
$513,930
Median Price
$234,900
$304,900
Price / Sq Ft
$100
$0
$0
Days on Market
12 days
77 days
123 days
Total Listings
8
10

Listing Information

  • Time on Market: 12 days
  • Place Perfect Last Updated: 2026-06-25 20:36:20
  • MLS Number: 22602821
  • Subsystem Locale: WIREX_CWBR
  • Listing Office: FIRST WEBER
  • Listing Agent: MANCHESKI & ASSOCIATES, INC.
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