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River Falls, WI Multifamily Homes & Duplexes for Sale

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  • 1450 Foster St, River Falls, WI 54022
    1450 Foster St, River Falls, WI 54022
    1450 Foster St, River Falls, WI 54022
    /4

    $360,000 Open Thu 5PM - 7PM

    • 3 Beds
    • 3 Baths
    • 3,062 Sq Ft

    1450 Foster St, River Falls, WI 54022

    WITHOUT A WORRY! Discover over 1,500 sq. ft. of main-level living + a finished lower level! This light & bright home features an inviting kitchen with center island, stainless appliances & stylish backsplash. Open living room boasts vaulted ceilings, cozy fireplace & patio door leading to the patio-perfect for entertaining. The main floor includes a beautiful primary suite with walk -in closet &

    Jennifer Syverson EXP Realty, LLC

    1450 Foster St, River Falls, WI 54022
  • 1794 Bennett St, River Falls, WI 54022
    1794 Bennett St, River Falls, WI 54022
    1794 Bennett St, River Falls, WI 54022
    /25

    $230,000

    • 3 Beds
    • 1.5 Baths
    • 1,300 Sq Ft

    1794 Bennett St, River Falls, WI 54022

    Welcome to the Stone Brook Condo community on the south edge of beautiful River Falls. Less than two miles gets you to the: River Falls Dog Park, Community Forest area, Spring Creek Park, grocery shopping, restaurants, UWRF sports facilities & gym, the Kinnickinnic River Trails, and so much more! This property boasts 3 bedrooms on the upper level along with a full bath. Flooring was updated

    Alena Behr

    1794 Bennett St, River Falls, WI 54022
  • 1211 Emily Cir, River Falls, WI 54022
    1211 Emily Cir, River Falls, WI 54022
    1211 Emily Cir, River Falls, WI 54022
    /37

    $325,000

    • 4 Beds
    • 2.5 Baths
    • 2,252 Sq Ft

    1211 Emily Cir, River Falls, WI 54022

    This stunning 4-bedroom, 3-bathroom twin home is nestled in a peaceful and sought-after neighborhood in River Falls, offering a perfect blend of comfort, convenience, and modern living. One of the standout features of this property is its excellent walkability—just a short stroll to nearby parks, as well as downtown's vibrant array of shops and restaurants. Ideal for those seeking easy access to

    Lori Bernard Century 21 Affiliated*

    1211 Emily Cir, River Falls, WI 54022
  • 1417 Kenai Place, River Falls, WI 54022
    1417 Kenai Place, River Falls, WI 54022
    1417 Kenai Place, River Falls, WI 54022
    /35

    $387,050 Open Thu 12PM - 6PM

    • 2 Beds
    • 2 Baths
    • 1,429 Sq Ft

    1417 Kenai Place, River Falls, WI 54022

    Welcome to the beautiful Thompson Heights neighborhood of River Falls. Conveniently located close to downtown River Falls with easy access to I-94 and the WI/MN border. Marvel at this Derrick Homes custom-built twin home offering our Sockeye slab on-grade floorplan with 2 bedrooms and 2 bathrooms. The main floor highlights an open and airy layout with luxury vinyl plank in the kitchen and living

    Jay Fletch Edina Realty, Inc.

    1417 Kenai Place, River Falls, WI 54022
  • 2927 Thompson Dr, River Falls, WI 54022
    2927 Thompson Dr, River Falls, WI 54022
    2927 Thompson Dr, River Falls, WI 54022
    /47

    $558,550 Open Thu 12PM - 6PM

    • 2 Beds
    • 2 Baths
    • 1,874 Sq Ft

    2927 Thompson Dr, River Falls, WI 54022

    Welcome to the beautiful Thompson Heights neighborhood of River Falls. Conveniently located close to downtown River Falls with easy access to I-94 and the WI/MN border. This gorgeous 2BD 2BA Derrick custom-built twin home offers our COHO lookout floor plan. The main living area showcases a beautiful gas fireplace with built-in cabinetry. Upgrades include Custom Derrick quality to-the-ceiling

    Jay Fletch Edina Realty, Inc.

    2927 Thompson Dr, River Falls, WI 54022
Wisconsin St Croix County River Falls

Multi-Family Homes & Duplexes for Sale in River Falls, WI

Why Live in River Falls

River Falls, Wisconsin, named after the Kinnickinnic River, is a small city known for outdoor activities like trout fishing and hiking. With a population of 16,000, it runs its facilities entirely on renewable energy and hosts the University of Wisconsin - River Falls, the largest local employer. The housing market is competitive due to low inventory, with homes generally more affordable than those in neighboring Minnesota. The Kinnickinnic River offers trout fishing and paddling opportunities, while Sterling Ponds Park and Hoffman Park feature disc golf courses and a campground. Whitetail Ridge Mountain Bike Trail provides over 7 miles of trails for all skill levels. The historic Swinging Bridge at Glen Park offers a unique crossing experience. The River Falls Fighting Fish baseball team plays at the First National Bank of River Falls Field, and the Falls Theatre, established in 1927, continues to operate. River Falls Days, hosted by the Chamber of Commerce, features a parade, live performances, and local vendors each July. The River Falls School District is highly rated, particularly for its instrumental music program. River Falls is about 35 miles from the Twin Cities and 36 miles from the Minneapolis - St. Paul International Airport. Downtown River Falls includes local businesses like Lund’s Fly Shop and Fox Den Books, with dining options such as Selah Vie Bistro & Coffee Cottage and Swinging Bridge Brewing Company. Winters are cold and snowy, while summers are warm and humid, with mosquitos being a common nuisance.

Learn more about living in River Falls

Home Trends in River Falls, WI

On average, homes in River Falls, WI sell after 56 days on the market compared to the national average of 52 days. The median sale price for homes in River Falls, WI over the last 12 months is $399,900, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$399,900
Median Single Family Sale Price
$399,281
Median Townhouse Sale Price
$365,500
Median 2 Bedroom Sale Price
$307,500
Average Price Per Sq Ft
$215
Number of Homes for Sale
58
Last 12 months Home Sales
251
Months of Supply
2.80
Median List Price
$399,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home

In River Falls, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $230,000 to $558,550, there's a range to accomodate every budget. As of September, 2025 the median home price in River Falls is $399,900, while the average sale price is $422,928, offering insights into the local housing market. On average, multi-family homes spend 56 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in River Falls, WI.

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