509 Ferry Street 509-511, Eau Claire, WI 54703

Description

Riverfront Duplex with Income Upside Located along the Chippewa River, 509 Ferry St offers an excellent opportunity to own a two-unit property with established rental history and room to increase income. Each side features 2 bedrooms and 1 bathroom, providing functional layouts for long-term tenants. The property has a proven rental history, while current rents offer an opportunity for a new owner to maximize the property's income potential over time. A desirable riverfront setting combined with convenient access to the surrounding area makes this a strong addition to an investment portfolio. Whether you're looking to expand an existing portfolio or add an income-producing property, 509 Ferry St offers a combination of location, established tenancy, and future upside.

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Interior Details

  • Above Grade Finished Area1,584 SqFt
  • Appliances IncludedOven, Range, Refrigerator
  • BasementFull
  • Below Grade Unfinished Area1,584 SqFt
  • Building Area Total3,168 SqFt
  • ElectricCircuit Breakers
  • FoundationBlock
  • HeatingForced Air
  • Living Area1,584 SqFt

Exterior Details

  • ConstructionWood Siding
  • Lake/River NameChippewa
  • Lot Size0.3 Acres
  • SewerPublic Sewer
  • ViewRiver
  • Water SourcePublic
  • WaterfrontRiver Front
  • Waterfront Length100 Ft

Property Details

  • 2025 Taxes$3,256
  • CountyEau Claire
  • Number of Units2
  • PossessionSubject To Tenant Rights
  • Property SubtypeDuplex
  • School DistrictEau Claire Area
  • StatusActive
  • TownshipCity of Eau Claire
  • Unit Number509-511
  • Year Built1967
  • ZoningResidential-Duplex

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MLS# 1605734

$339,900

Duplex, Residential Income Property built in 1967

Acres
0.3 Acres

County
Eau Claire

Above Grade
1,584 sq ft

Status
Active

Units

Unit #1  |  $1,030 / Month
Bedrooms: 2  |  Bathrooms (F/H): 2/0
792 sq ft  |  Garage Spaces: 1
511- Rent Income $1030/mo w/ S income $35/mo. Tenant moved in 2021, Oven/Range, Refrigerator

Unit #2  |  $1,050 / Month
Bedrooms: 2  |  Bathrooms (F/H): 1/0
792 sq ft  |  Garage Spaces: 1
509- Rent Income $1050/mo w/ S income $55/mo. Tenant moved in 2018, Oven/Range, Refrigerator

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Listed By

Listing Office: GRIP Realty, LLC

Listing Agent: Brady Cronk

Last Updated: October 13th @ 12:19 PM

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