$559,900

5 Beds 3 Baths 4,032 Sqft

609 Mount Nemo Avenue #1-6, Eau Claire, WI 54703

Property Type: Multi-Family
Building Type: MultiPlex
Time on Market: 11 days
Price per Sqft: $139
Lot Size: 140 x 70 x
Total Taxes: $5,691
Est. Age: 21+ Years

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

Appliances:
  • Range/Oven, Refrigerator
Basement:
  • Crawl Space, Other-See Remarks, Block
Baths:
  • Full Baths: 3
Heating/Cooling:
  • None, Baseboard
Heat Fuel:
  • Electric
Interior Features:
  • Some window coverings, Circuit Breakers
Sqft:
  • Total Sqft: 4,032
  • Estimated Sqft Range: 3501-5000

Exterior

Acreage:
  • Range: 0.0 to .499
Exterior:
  • Vinyl
Lot:
  • Size: 140 x 70 x
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 54703
Street:
  • Name: Mount Nemo Avenue
  • Suffix: AVENUE
  • Unit Number: 1-6
Tax Year:
  • 2025
Zoning:
  • Residential-Multifamily

Map

Listing Agent-Provided Directions:
  • Business 53/N Hastings Way turn East onto Birch St. Turn North onto Mt Nemo Ave. 2nd building on East side of road.

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Schools and Neighborhood

School District:
  • Eau Claire
Postal City:
  • Eau Claire
Municipality:
  • Name: EAU CLAIRE
  • Type: City
County:
  • EAU CLAIRE

Market Comparison

How this property compares to local market averages — calculated 6/3/2026

This Property
Eau Claire Multi Family Home Avg
Eau Claire County Multi Family Home Avg
List Price
$559,900
$540,378
$636,725
Median Price
$299,900
$299,900
Price / Sq Ft
$139
$142
$142
Days on Market
11 days
75 days
75 days
Total Listings
23
27

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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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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