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.
Closed
$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
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#: 1590154
Originating 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