$559,900
609 Mount Nemo Avenue #1-6, Eau Claire, WI 54703
Description
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.
Unit Breakdown
| Unit | Beds | Full Baths | Half Baths | Sq Ft |
|---|---|---|---|---|
| Unit 1 | 2 | 1 | — | 700 |
| Unit 2 | 1 | 1 | — | 600 |
| Unit 3 | 2 | 1 | — | 700 |
Property Details
Interior
- Range/Oven, Refrigerator
- Crawl Space, Other-See Remarks, Block
- Full Baths: 3
- None, Baseboard
- Electric
- Some window coverings, Circuit Breakers
- Total Sqft: 4,032
- Estimated Sqft Range: 3501-5000
Exterior
- Range: 0.0 to .499
- Vinyl
- Size: 140 x 70 x
- Waterfront: N
- Municipal Sewer, Municipal Water
Misc.
- N
- Code: 54703
- Name: Mount Nemo Avenue
- Suffix: AVENUE
- Unit Number: 1-6
- 2025
- Residential-Multifamily
Map
- Business 53/N Hastings Way turn East onto Birch St. Turn North onto Mt Nemo Ave. 2nd building on East side of road.
Monthly Payment Calculator
Schools and Neighborhood
- Eau Claire
- Eau Claire
- Name: EAU CLAIRE
- Type: City
- EAU CLAIRE
Market Comparison
How this property compares to local market averages — calculated 6/3/2026
Listing Information
- Time on Market: 11 days
- Place Perfect Last Updated: 2026-05-29 19:06:05
- MLS Number: 1601477
- Subsystem Locale: WIREX_NWW
- Listing Office: General Property Management LLC
- Listing Agent: Brooke Peterson
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