Active Residential Income  |  Quadruplex  |  MLS #1602667
  • 940 N Bridge Street 1-4

    Chippewa Falls, WI 54729
    • 4,655 Square
      Feet
    • 1.8 Total
      Acres
  • $300,000

    $64/Sq.Ft.

Rare historic four-unit property overlooking Duncan Creek and Chippewa Falls on 1.8 acres near Irvine Park and downtown. Month-to-month tenancies offer flexibility to reposition rents, complete improvements, or pursue possible owner-occupancy. Current rents are below market. Appraised at $422,500 in May 2025. Known as the historic A.B. McDonell Mansion, built by Alexander B. McDonell, this landmark showcases hardwood floors, ornate ceilings, stained and etched glass, detailed woodwork, and floor inlays. Unit mix includes (1) 2bed/1.5bath unit with a screened porch and (3) 1bed/1bath units. Each offers abundant natural light, historic character, and scenic views. Includes a detached 3 car garage with rear storage and ample off-street parking from Judith Street. A historic driveway from N Bridge Street retains its original stonework but is no longer used. A July 2026 rental-market analysis estimates rents of $695 per month for each 1 bedroom unit and $995 for the 2 bedrooms unit, representing potential stabilized gross rent of $3,080 per month or $36,960 annually at full occupancy. Projections are not guaranteed and depend on condition, improvements, lease terms, timing, and market conditions. Buyers should verify projected rents, expenses, and improvement costs. Sold as-is. A distinctive value-add opportunity combining rental flexibility, historic character, and long-term upside in a premier Chippewa Falls location.

Interior Features

  • Above Grade Finished Area: 3,655 SqFt
  • Appliances Included: Common Water Heater, Dryer, Electric Water Heater, Other, See Remarks, Washer
  • Basement: Full
  • Below Grade Unfinished Area: 1,000 SqFt
  • Building Area Total: 4,655 SqFt
  • Electric: Circuit Breakers
  • Fireplace: One, Other, See Remarks
  • Fireplaces: 1
  • Foundation: Block, Stone
  • Heating: Radiant
  • Living Area: 3,655 SqFt

Exterior Features

  • Construction: Metal Siding
  • Lake/River Name: Duncan Creek
  • Lot Size: 1.8 Acres
  • Parking: Other, See Remarks
  • Patio Features: Concrete, Covered, Patio, Porch, Screened
  • Sewer: Public Sewer
  • View: Water
  • Water Source: Public
  • Waterfront: Creek
  • Waterfront Length: 156 Ft

Property Details

  • 2025 Taxes: $5,386
  • County: Chippewa
  • Number of Units: 4
  • Other Structures: Outbuilding
  • Possession: Subject To Tenant Rights
  • Property Subtype: Quadruplex
  • School District: Chippewa Falls Area Unified
  • Status: Active
  • Township: City of Chippewa Falls
  • Unit Number: 1-4
  • Year Built: 1896
  • Zoning: Commercial, Residential-Multifamily
  • Listing Office: General Property Management, LLC
  • Last Update: July 28th @ 12:03 PM

Units

Unit #1  |  $0
Bedrooms: 1  |  Bathrooms: 1
750 SqFt
Garage: 1 Car, Detached

Vacant. Access to shared laundry washer and dryer in basement (shared with Apt #1 only), Oven/Range, Refrigerator

Unit #2  |  $600
Bedrooms: 2  |  Bathrooms: 2
1,200 SqFt
Garage: 1 Car, Detached

Month-to-month lease. Access to shared laundry washer and dryer in basement (shared with Apt #2 only). Tenant has 2 cats, no extra pet rent., Dishwasher, Oven/Range, Refrigerator

Unit #3  |  $500
Bedrooms: 1  |  Bathrooms: 1
700 SqFt
Garage: 1 Car, Detached

Month-to-month lease., Oven/Range, Refrigerator

Unit #4  |  $500
Bedrooms: 1  |  Bathrooms: 1
600 SqFt

Month-to-month lease. Tenant has 2 cats, no extra pet rent., Oven/Range, Refrigerator

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