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.
Closed
$265,000
654-656 Ripley Avenue #1&2, Eau Claire, WI 54701
6beds
1,976sqft
Multi Family, Duplex
Built in 1949
-- sqft lot
$275,700 Zestimate®
$134/sqft
$1,246 Estimated rent
Home value
$275,700
$245,000 - $312,000
$1,246/mo
Zestimate® history
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Owner options
List your home for rent
$1,246/mo
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Learn more$1,246/mo
Rent Zestimate®
Refinance and save
$1,390/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 05:11pm
Listed by:
Liz Thompson 262-893-6049,
C21 Affiliated
Bought with:
Patrick Rebman
Source: WIREX MLS,MLS#: 1590711
Originating MLS: REALTORS Association of Northwestern WI
Originating MLS: REALTORS Association of Northwestern WIFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Central Air, Other, Forced Air
Cooling
- Central Air, Wall Unit(s), Other
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Features
- Ceiling Fan(s), Other
- Basement: Full,Partially Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
- Finished area above ground: 1,976
- Finished area below ground: 0
Property
Lot
- Dimensions: 120 x 60 x
Details
- Parcel number: 221030842
- Zoning: Residential-Duplex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Steel Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Eau Claire
- Municipality: Eau Claire
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $265,000-5.3%$134/sqft |
Source:  WIREX MLS #1590711 Report a problem | ||
| 5/4/2025 | Contingent | $279,900$142/sqft |
Source: WIREX MLS #1590711 Report a problem | ||
| 4/24/2025 | Price change | $279,900-5.1%$142/sqft |
Source: WIREX MLS #1590711 Report a problem | ||
| 4/17/2025 | Listed for sale | $295,000$149/sqft |
Source: WIREX MLS #1590711 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Third Ward
Nearby schools
GreatSchools rating
- 3/10Lakeshore Elementary SchoolGrades: K-5Distance: 1.5 mi
- 5/10Delong Middle SchoolGrades: 6-8Distance: 2.8 mi
- 10/10Memorial High SchoolGrades: 9-12Distance: 0.8 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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- Wisconsin
- Eau Claire County
- Eau Claire
- 54701
- Third Ward
- 654-656 Ripley Avenue Unit 1&2