Active w/ Offer Residential Income  |  Multi Family  |  MLS #1598073
  • 127 W Cedar Street 1-5

    Chippewa Falls, WI 54729
    • 4,169 Square
      Feet
    • 0.66 Total
      Acres
  • $349,900

    $84/Sq.Ft.

Property 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.

Interior Features

  • Above Grade Finished Area: 3,169 SqFt
  • Appliances Included: Electric Water Heater, Oven, Range, Refrigerator
  • Basement: Partial
  • Below Grade Unfinished Area: 1,000 SqFt
  • Building Area Total: 4,169 SqFt
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Foundation: Stone
  • Heating: Baseboard, Hot Water
  • Living Area: 3,169 SqFt

Exterior Features

  • Construction: Vinyl Siding
  • Lot Size: 0.66 Acres
  • Parking: Concrete, Driveway
  • Sewer: Public Sewer
  • Style: Multiplex
  • Water Source: Public

Property Details

  • 2025 Taxes: $4,132
  • County: Chippewa
  • Number of Units: 5
  • Possession: Subject To Tenant Rights
  • Property Subtype: Multi Family
  • School District: Chippewa Falls Area Unified
  • Status: Active w/ Offer
  • Subdivision: Mansfields Add
  • Township: City of Chippewa Falls
  • Trash Expense: $664
  • Unit Number: 1-5
  • Year Built: 1875
  • Zoning: Residential
  • Listing Office: Chippewa Valley Real Estate, LLC
  • Last Update: February 10th @ 8:55 AM

Units

Unit #1  |  $760
Bedrooms: 1  |  Bathrooms: 1
Rented Until August 2026

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 #2  |  $920
Bedrooms: 2  |  Bathrooms: 1
Rented Until August 2026
Garage: 1 Car, Detached

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

Unit #3  |  $510
Bedrooms: 0  |  Bathrooms: 1

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 #4  |  $750
Bedrooms: 1  |  Bathrooms: 1
Rented Until June 2026

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 #5  |  $625
Bedrooms: 1  |  Bathrooms: 1
Rented Until September 2026

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

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