2306 4th Street, Eau Claire, WI 54703

New Listing
$289,900
Property Type: Multi-Family Bedrooms: 4 Baths: 3 Square Footage: 1,892 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $289,900 List Date: 4/17/2026 Last Modified: 4/17/2026

Overview

Description

Rare find! Check out this great cash-flowing triplex in the heart of Eau Claire. Close proximity to downtown and UW Eau Claire means there's always high demand and a great tenant base to choose from. This triplex is fully occupied with great long term and paying tenants who are on month-to-month leases giving the new owner great flexibilty and cash flow from day 1, or perfect for an owner occupier looking to have tenants cover your mortgage expenses. This fantastic property surely will not last long. Schedule your showing today!

Listing Details MLS# 7057064

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1881
Yearly/Seasonal
Yearly
Main Floor Total SqFt
896
Above Ground SqFt
1792
Below Grd Total SqFt
100
Total SqFt
1892
Foundation Size
896
Style
(MF) Triplex
Total Finished Sqft
1792.00
Garage Stalls
3
Lot Dimensions
66x132
Acres
0.2
Assessment Pending
No

Property Features

Accessible: None Basement: Partial Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Vinyl Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Owner Pays: All Utilities Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: None Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
289900
ListPrice
289900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2306
Street Name
4th
Street Suffix
Street
Postal City
Eau Claire
County
Eau Claire
State
WI
Zip Code
54703
Complex/Dev/Subdivision
Wilsons Add

Assessments

Tax With Assessments
3616
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1792

More Information

Income and Expenses

Annual Caretaker Expense
6000
Annual Electric Expense
7200
Annual Fuel Expense
2400
Annual Gross Expenses
18600
Annual Gross Income
45600
Annual Insurance Expense
2400
Annual Net Income
27000
Annual Trash Expense
600
Annual Water/Sewer Expense
2400
Total Annual Expenses
18600
Annual Maintenance Expense
0
Annual Repair Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
600

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
14400
Finished SqFt
500
Full Baths
Yes
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
14400
Finished SqFt
500
Full Baths
Yes
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 3

Furnished?
No
Leased?
Yes
Unit Number
3
Annual Rent
16800
Finished SqFt
792
Full Baths
Yes
Monthly Rent
1400
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
3

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 6 BLK 4 R.F WILSONS ADD
Listing City
Eau Claire
Map Page
999
Municipality
Eau Claire
School District
Eau Claire Area
School District Phone
715-833-3465
Property ID Number
090214
Tax Year
2025
Tax Amount
3616
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare find! Check out this great cash-flowing triplex in the heart of Eau Claire. Close proximity to downtown and UW Eau Claire means there's always high demand and a great tenant base to choose from. This triplex is fully occupied with great long term and paying tenants who are on month-to-month leases giving the new owner great flexibilty and cash flow from day 1, or perfect for an owner occupier looking to have tenants cover your mortgage expenses. This fantastic property surely will not last long. Schedule your showing today!
Directions
From 312, turn South onto Old Wells Rd, turn right onto Cedar St, Turn right onto 4th St, property is on the left.

Accessible

None
Yes

Basement

Partial
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Baseboard
Yes
Forced Air
Yes

Owner Pays

All Utilities
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Tenant Pays

None
Yes
Listing Office: eXp Realty
IDX
Last Updated: April - 17 - 2026
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