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  • $245,000

    539 Lake Street #1-2, Eau Claire, WI 54703

    5beds
    --sqft
    Multi Family, Duplex
    Built in 1870
    -- sqft lot
    $246,200 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    This student rental duplex is located in a prime location near campus and offers a strong rental history, making it an excellent investment opportunity. Both units feature updated kitchens and bathrooms and are currently leased to one group of students who rent the entire property. The property generates a base rent of $2,250 per month, with additional income from water and landlord liability fees bringing the total monthly income to $2,422.50. The lease is secured through May of 2026, providing stable cash flow. A detached storage building/garage is currently used by the property manager but offers potential for future rental income or additional storage space.

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 05:29pm

    Listed by:

    David Donnellan 715-577-9027,

    Donnellan Real Estate

    Bought with:

    Other Companies Non-Mls

    Source: WIREX MLS,MLS#: 1590154MLS LogoOriginating MLS: REALTORS Association of Northwestern WI

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Hot Water
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    Features
    • Basement: Partial,Other
    • Has fireplace: No
    Interior area
    • Living area range: 2001-2500 Square Feet
    • Finished area above ground: 2,288
    • Finished area below ground: 0

    Property

    Lot
    • Size: 8,315 sqft
    Details
    • Parcel number: 070184
    • Zoning: Residential-Duplex

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Aluminum/Steel
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Eau Claire
    • Municipality: Eau Claire
    Services availability