For Sale: Eau Claire MLS# 7007523
Active Contingent
NEW!
$250,000
Multi-family: 1 Story
4 br • 2 ba • Built 1950
1,678 sqft • 0.15 acres
Madelia schools
MLS# 7007523
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
A rare opportunity offering versatility, value, and long-term potential—ideal as an investment property, owner-occupied rental, or single-family residence. This adaptable home allows for multiple living configurations to suit your lifestyle or investment goals.
Recent improvements include luxury vinyl plank flooring on both levels (2024), new upstairs carpet (2022), updated upstairs light fixtures (2024), refreshed landscaping (2023), new fencing (2024), exterior paint (2025), a metal roof (2020), multiple new windows (2025), and more.
The main level features three bedrooms, including a primary suite with an adjoining bonus room—perfect for a walk-in closet, home office, fitness space, or private retreat. The lower level offers a one-bedroom unit with a warm, cabin-inspired ambiance highlighted by beautiful floor-to-ceiling woodwork.
Additional highlights include an exceptionally large garage with vaulted ceilings, extensive storage, and a dedicated workbench area. While listed as a two-car garage, the interior space exceeds expectations and is complemented by an additional concrete pad for off-street parking. Outdoor living is equally inviting with a fully fenced yard, fresh landscaping, a front deck, and a rear patio—ideal for relaxing or entertaining.
The home has been owner-occupied and not previously rented; therefore, no rental income is reported on the MLS. Based on light research of local rental markets, estimated rental averages in Eau Claire are $1, 500–$1, 700 for a three-bedroom and $800–$1, 100 for a one-bedroom, subject to condition and utility arrangements.
This property offers exceptional flexibility: live in the entire home, occupy one unit while renting the other, or lease both units for full investment use. Best of all, your choice doesn’t have to be permanent—move in now and transition to a rental opportunity in the future. A home that adapts as your needs evolve.
Listing
Listing Status:
Active Contingent
Contingency:
Other
List Price:
$250,000
Price per sq ft:
$149
Property Type:
Multi-family
City:
Eau Claire
Garage Spaces:
2
County:
Eau Claire
Year Built:
1950
State:
WI
Property Style:
1 Story
Zip Code:
54701
Subdivision Name:
Fredricksons Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,678 ft2
Living Area:
1,678 ft2
Basement Details:
Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
27x23
Garage Size:
621 ft2
Foundation Size:
1,161 ft2
Foundation Dimensions:
43x27
Fencing:
Chain Link, Full
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
- Storage
Shared Amenities:
Laundry
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
Lower Level
Lot & Land
Acres:
0.15
Geolocation:
44.811526, -91.481533
Lot Dimensions:
132 x 51
Zoning:
Residential-Multi-Family
Schools
School District:
837
District Phone:
7158333465
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,966
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,966
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.