$465,000
902 Water Street #1-3, Eau Claire, WI 54703
Description
Now available is an exceptional and beautifully updated 3-unit multifamily property offering an ideal mix of comfort, functionality, and investment potential. The property features one spacious studio, one 3-bedroom unit, and one 4-bedroom unit, providing a versatile rental mix with broad tenant appeal. Each unit has been thoughtfully updated and offers generous bedrooms, oversized closets, modern flooring, six-panel oak doors, and inviting open-concept kitchen and living spaces designed for both everyday living and entertaining. The combination of tasteful finishes, functional layouts, and ample living space makes these units easy to rent and desirable for tenants. Outside, the property continues to impress with 3 garage spaces, abundant off-street parking, and plenty of room for tenants and guests. The strong rental history adds another layer of appeal for investors looking for an established income-producing property. Location is a major advantage. Situated directly along the bike trail and just minutes from Half Moon Lake, the Sonnentag Center, UW-Eau Claire, CVTC, shopping, dining, and entertainment, this property puts tenants close to many of Eau Claire's most sought-after destinations. A campus bus stop is also conveniently located just two blocks away. Whether you're looking to expand your rental portfolio or add a well-positioned income-producing property to your investments, this turnkey 3-unit offers a compelling combination of quality updates, strong rental appeal, excellent amenities, and a prime Eau Claire location.
Unit Breakdown
| Unit | Beds | Full Baths | Half Baths | Sq Ft |
|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | 578 |
| Unit 2 | 2 | 4 | 1 | 1400 |
| Unit 3 | 3 | 3 | 1 | 880 |
Property Details
Interior
- Dryer, Microwave, Range/Oven, Refrigerator, Washer
- Cellar, Block
- Full Baths: 8
- Half Baths: 3
- None, Hot Water
- Natural Gas
- Circuit Breakers
- Total Sqft: 3,370
- Estimated Sqft Range: 3001-3500
Exterior
- Range: 0.0 to .499
- Vinyl
- Deck
- Size: 135 x 45 x 135 x 45
- Waterfront: N
- Municipal Sewer, Municipal Water
Misc.
- N
- Code: 54703
- Name: Water Street
- Suffix: STREET
- Unit Number: 1-3
- 25
- Commercial,Residential-Multifamily,Other-See Remarks
Map
- From US-12 W. After 3 miles, turn right onto Menomonie St, then take the first exit at the roundabout onto Water St Your destination at 902 Water St will be on the left.
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 8/30/2026
Listing Information
- Time on Market: 12 days
- Place Perfect Last Updated: 2026-08-17 12:21:53
- MLS Number: 1604198
- Subsystem Locale: WIREX_NWW
- Listing Office: GRIP Realty LLC
- Listing Agent: Brady Cronk
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