Exceptional investment opportunity in Eau Claire, WI! This well-maintained duplex, situated in the 3rd Ward, presents a fantastic chance for steady rental income. 3 bedrooms & 1 bathrooms, and a second unit with 2 bedrooms & 1 bathroom, Each unit boasts spacious living areas, a full kitchen, and access to a full basement.. Includes a 2-car detached garage, offering off-street parking and additional convenience for tenants. Located close to the University of Wisconsin?Eau Claire, this property appeals to students and faculty seeking close proximity to campus. Its excellent rental history underscores a strong demand in a vibrant neighborhood. Key community attractions include nearby Carson Park, Half Moon Lake for outdoor enthusiasts, and Historic Water St. This duplex is not just a residence, but a gateway to exploring the best of Eau Claire. Ideal for investors seeking a turn-key solution in a thriving rental market, this is a must-consider addition to any real estate portfolio.
Closed
$287,500
425/427 Putnam Drive #duplex, Eau Claire, WI 54701
5beds
1,947sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$289,400 Zestimate®
$148/sqft
$1,400 Estimated rent
Home value
$289,400
$260,000 - $321,000
$1,400/mo
Zestimate® history
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$1,859/mo
Est. payment
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$1,859/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
The Germain Group 715-828-1113,
Woods & Water Realty Inc/Regional Office
Bought with:
Julie Brown
Source: WIREX MLS,MLS#: 1582113
Originating MLS: REALTORS Association of Northwestern WI
Originating MLS: REALTORS Association of Northwestern WIFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Central Air, Forced Air
Cooling
- Central Air
Appliances
- Included: Range/Oven, Refrigerator
Features
- Basement: Full,Block
- Has fireplace: No
Interior area
- Total structure area: 1,947
- Total interior livable area: 1,947 sqft
- Finished area above ground: 1,947
- Finished area below ground: 0
Property
Features
- Waterfront features: Common Frontage
Lot
- Size: 5,662 Square Feet
- Dimensions: 49 x 120 x
Details
- Parcel number: 1822122709213302089
- Zoning: Residential-Duplex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Eau Claire
- Municipality: Eau Claire
Financial & listing details
- Price per square foot: $148/sqft
- Annual tax amount: $3,880
- Date on market: 5/25/2024
- Inclusions: Included:oven/Range, Included:refrigerator
- Exclusions: Excluded:tenants Personal
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $287,500-0.9%$148/sqft |
Source:  WIREX MLS #1582113 Report a problem | ||
| 7/20/2024 | Contingent | $290,000$149/sqft |
Source: WIREX MLS #1582113 Report a problem | ||
| 7/10/2024 | Price change | $290,000-1.7%$149/sqft |
Source: WIREX MLS #1582113 Report a problem | ||
| 6/18/2024 | Price change | $295,000-1.7%$152/sqft |
Source: WIREX MLS #1582113 Report a problem | ||
| 5/25/2024 | Listed for sale | $300,000+15.4%$154/sqft |
Source: WIREX MLS #1582113 Report a problem | ||
| 9/23/2022 | Sold | $260,000-3.3%$134/sqft |
Source: WIREX MLS #1567486 Report a problem | ||
| 8/22/2022 | Contingent | $269,000$138/sqft |
Source: WIREX MLS #1567486 Report a problem | ||
| 8/8/2022 | Listed for sale | $269,000$138/sqft |
Source: WIREX MLS #1567486 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Third Ward
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Nearby schools
GreatSchools rating
- 3/10Lakeshore Elementary SchoolGrades: K-5Distance: 1.3 mi
- 6/10Delong Middle SchoolGrades: 6-8Distance: 2.7 mi
- 10/10Memorial High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Eau Claire
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$295,188
- Wisconsin
- Eau Claire County
- Eau Claire
- 54701
- Third Ward
- 425/427 Putnam Drive Unit duplex
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