$259,900

539 Lake St Unit 1-2 Eau Claire, WI 54703

$3,086
Closing credit¹
2,288 sqft
0.2 acres
$114 / sqft
Multi-Family

Property details

About 539 Lake St Unit 1-2

This student rental duplex is located in a prime location near campus and offers a strong rental history, making it an excellent investment opportunity. Both units feature updated kitchens and bathrooms and are currently leased to one group of students who rent the entire property. The property generates a base rent of $2,250 per month, with additional income from water and landlord liability fees bringing the total monthly income to $2,422.50. The lease is secured through May of 2026, providing stable cash flow. A detached storage building/garage is currently used by the property manager but offers potential for future rental income or additional storage space.

Highlights

Home typeDuplex
HeatingHot Water, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size2,288 sqft
BasementYes
Lot size0.1909 Acres
Year built1870
MLS #1590154

Virtual tour

Summary

  • MLS Number: 1590154
  • MLS Name: WIREX_NWW
  • Office Name: Donnellan Real Estate
  • Office Phone: (715) 836-8080
  • Office Email: admin@ecdre.com
  • Listing Agent: David Donnellan

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 12:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property featuring a yard

$259,900

539 Lake St Unit 1-2

$3,086

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Lakeshore Elementary School

Public District KG-5

0.2 mi

711 Lake St

9

Chippewa Valley Montessori Charter School

Public Charter PK-5

0.7 mi

400 Cameron St

7

Putnam Heights Elementary School

Public District KG-5

1.3 mi

633 W MacArthur Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,423. Residents of Eau Claire, WI typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

60%
<35k
38%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

89%
Single, No Kids
3%
Single, with Kids
6%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
82%
18-34 yrs old
8%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Eau Claire, WI

About 539 Lake St Unit 1-2

This home is located at 539 Lake St Unit 1-2 in Eau Claire, WI and zip code 54703. This 2,288 square foot home, which was built in 1870, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $259,900.

The number of homes for sale in Eau Claire, WI increased by 23.4% between February and March 2025. In March 2025, listings were on the market for 168 days. During the same period, the median list price in this real estate market was $309,450.

From Rocket Homes Real Estate and based on county public records data.

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