127 W Cedar Street 1-5, Chippewa Falls, WI 54729

Description

Excellent investment opportunity with this well-maintained 5-plex located in the heart of Chippewa Falls. Positioned in a convenient in-town location near downtown, parks, shopping, dining, and major employers, this property offers strong rental demand and long-term stability. The building features five residential units with functional layouts and consistent occupancy history, providing reliable cash flow potential. Tenants enjoy easy access to local amenities, while owners benefit from a manageable property in a desirable rental market. Off-street parking and a practical layout add to the overall appeal. Whether you are expanding your investment portfolio or entering the multi-family market, this property presents a solid opportunity in a growing community. A great option for investors seeking steady income in a prime Chippewa Falls location. Owner pays energy only in unit 5 at approximately $198/month. water/sewer, lawn care for $47 every 2 weeks, snow plow is $45/plow, trash is $166 every 3 months.

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Interior Details

  • Above Grade Finished Area3,169 SqFt
  • Appliances IncludedElectric Water Heater, Oven, Range, Refrigerator
  • BasementPartial
  • Below Grade Unfinished Area1,000 SqFt
  • Building Area Total4,169 SqFt
  • CoolingWindow Unit(s)
  • ElectricCircuit Breakers
  • FoundationStone
  • HeatingBaseboard, Hot Water
  • Living Area3,169 SqFt

Exterior Details

  • ConstructionVinyl Siding
  • Lot Size0.66 Acres
  • ParkingConcrete, Driveway
  • SewerPublic Sewer
  • StyleMultiplex
  • Water SourcePublic

Property Details

  • 2025 Taxes$4,132
  • CountyChippewa
  • Number of Units5
  • PossessionSubject To Tenant Rights
  • Property SubtypeMulti Family
  • School DistrictChippewa Falls Area Unified
  • StatusActive w/ Offer
  • SubdivisionMansfields Add
  • TownshipCity of Chippewa Falls
  • Trash Expense$664
  • Unit Number1-5
  • Year Built1875
  • ZoningResidential

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MLS# 1598073

$349,900

Multi Family, Residential Income Property built in 1875

Acres
0.66 Acres

County
Chippewa

Above Grade
3,169 sq ft

Status
Active w/ Offer

Units

Unit #1  |  $750 / Year
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Water/sewer, trash services, lawn care and snow removal are allocated for $75/month in rent. All separately metered utilities are tenant's responsibility., Oven/Range, Refrigerator

Unit #2  |  $510 / Month
Bedrooms: 0  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Month-to-Month Lease; Water/sewer and trash services are allocated in rent. All separately metered utilities are tenant's responsibility., Oven/Range, Refrigerator

Unit #3  |  $760 / Year
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Water/sewer, trash services, lawn care and snow removal are allocated for $85/month in rent. All separately metered utilities are tenant's responsibility., Oven/Range, Refrigerator

Unit #4  |  $625 / Year
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Water/sewer, trash services, lawn care and snow removal are allocated for $50/month in rent. All separately metered utilities are tenant's responsibility., Oven/Range, Refrigerator

Unit #5  |  $920 / Year
Bedrooms: 2  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 1
Heat, water/sewer, trash services, lawn care and snow removal are included in rent. Garage space is allocated in rent for $100/month. All separately metered utilities are tenant's responsibility., Oven/Range, Refrigerator

Questions?

Listed By

Listing Office: Chippewa Valley Real Estate, LLC

Listing Agent: Todd Schwartz

Last Updated: February 10th @ 8:55 AM

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