$265,000
SOLD JUN 27, 2025

654 Ripley Ave Unit 1&2 Eau Claire, WI 54701

Third Ward Neighborhood
-- Bed
-- Bath
1,976 Sq Ft
1949 Built

Recently Sold

$134 Per Sq Ft

10% Below List Price

71 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 4-minute walk to Demmler Park
  • Memorial High School Rated A

About This Home

As of June 2025

Great Duplex Investment Opportunity in the Third Ward – Ideal for Student Rentals! Add this well-maintained duplex to your investment portfolio! Located just 8 blocks from downtown in the highly desirable Third Ward, this property offers strong rental potential, especially for student housing. Each side features:3 bedrooms / 1 bathroom, Basement laundry units, Newer LVP flooring, Fiber optic internet. Additional highlights: 2-car garage + driveway parking, Quiet street with a nice yard, Solid rental history potential, Roof replaced in 2015, Separate furnace installed in 2002. Whether you're a seasoned investor or looking to break into student rentals, this duplex checks all the boxes for location, condition, and amenities.

Last Agent to Sell the Property

Elizabeth Thompson

C21 Affiliated Brokerage Phone: 715-832-2222 License #85897-94 Listed on: 04/17/2025

Last Buyer's Agent

Patrick Rebman

Chippewa Valley Real Estate, LLC License #58078-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1949

Parking

  • Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Metal Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Freezer,Sellers Personal,Tenants Personal
  • Assessor Parcel Number 22103-0842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,822

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: Clairemont Avenue to North on State Street, to Right on Gilbert to Ripley. Follow into dead end. Home on left.
  • Lot Size: 120 x 60 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1949
  • Attribution Contact: 715-832-2222
  • Co List Office Phone: 715-832-2222
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1976.0
  • Reso Fireplace Features: None
  • Living Area: 1976.0
  • Reso Window Features: Window Coverings
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Has Basement: Full, Partially Finished
  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Other, Oven, Range, Refrigerator, See Remarks, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Exclusions: Freezer,Sellers Personal,Tenants Personal
  • Construction Type: Metal Siding, Steel
  • Other Structures: None
  • Patio And Porch Features: None

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Cooling: Central Air, Other, See Remarks, Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Eau Claire Area

Lot Info

  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 1822122709213302070
  • Parcel Number: 22103-0842
  • Zoning Description: Residential-Duplex

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2821.86

Multi Family

  • Number Of Units Total: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $265,000 -5.3% $134 / Sq Ft
04/24/2025 04/24/25 Price Changed $279,900 -5.1% $142 / Sq Ft
04/17/2025 04/17/25 For Sale $295,000 -- $149 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Thompson

    Seller's Agent in 2025

    Elizabeth Thompson

    C21 Affiliated

    (262) 893-6049

    1 in this area

    274 Total Sales

    Elizabeth Thompson
    Section Image
  • Patrick Rebman

    Buyer's Agent in 2025

    Patrick Rebman

    Chippewa Valley Real Estate, LLC

    (715) 495-5245

    7 in this area

    185 Total Sales

    Patrick Rebman
    Section Image
See All Agents

Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1590711

Northwestern Wisconsin Multiple Listing Service
Wisconsin Eau Claire County Eau Claire 54701 Third Ward

654 Ripley Ave Unit 1&2, Eau Claire, WI

Sold

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Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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