315 E Maple Street, River Falls, WI 54022 (MLS# 7043333)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1873
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1470
Above Ground SqFt: 2786
Below Grd Total SqFt: 1470
Total SqFt: 4256
Foundation Size: 1470
Style: (MF) Four Plex
Total Finished Sqft: 2786.00
Lot Dimensions: 132 x 87
Acres: 0.27
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Basement: Unfinished Construction Status: Previously Owned Exterior: Cedar; Shakes Foundation: Stone Fuel: Natural Gas Heating: Boiler Owner Pays: Electricity; Gas; Lawn; Water Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Trash Collection Unit 1 Appliances: Range; Refrigerator Unit 2 Appliances: Range; Refrigerator Unit 3 Appliances: Range; Refrigerator Unit 4 Appliances: Range; Refrigerator Water: City Water/Connected

Contract Information

Off Market Date: 2026-05-01
Contingency: None
Original List Price: 347000
ListPrice: 347000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 315
Street Direction Prefix: E
Street Name: Maple
Street Suffix: Street
Postal City: River Falls
County: Pierce
State: WI
Zip Code: 54022
Complex/Dev/Subdivision: Josiah Thayer Add

Assessments

Tax With Assessments: 5501
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2786

More Information

Income and Expenses

Annual Caretaker Expense: 3360
Annual Electric Expense: 1320
Annual Fuel Expense: 1140
Annual Gross Expenses: 5820
Annual Gross Income: 42000
Annual Net Income: 36180
Total Annual Expenses: 5820
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 19W
Section#: 01
Township#: 27N

Unit 1

Furnished?: No
Lease Expiration Date: 2027-03-25
Leased?: Yes
Level: 2nd Level
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 7800
Monthly Rent: 650
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2027-04-25
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 10800
Monthly Rent: 900
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 3

Furnished?: No
Lease Expiration Date: 2026-08-25
Leased?: Yes
Level: Main Level
Unit Number: 3
3/4 Baths: Yes
Annual Rent: 18300
Monthly Rent: 1525
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 4
Total Rooms: 7

Unit 4

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 5100
Full Baths: Yes
Monthly Rent: 425
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit Details

Total Units: 4

Office/Member Info

Association: WWRA

Location, Tax and Other Information

Legal Description: W 1/2 LOTS 6 & 7 EX ELY 12' THEREOF ALSO E 17' LOTS 4 & 5 ALL IN BLK 2 JOSIAH THAYER ADD TO NN & OS POWELLS ADD ALSO VACATED ALLEY ADJ TO SD LOTS PER V 46 P 611 (87.5' X 132') (315 E MAPLE)
Listing City: River Falls
Map Page: 140
Municipality: River Falls
School District: River Falls
School District Phone: 715-425-1800
Zip Plus 4: 9220
Property ID Number: 276010230700
Tax Year: 2025
Tax Amount: 5501
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare opportunity for a four-plex offers an excellent mix of units: three 1-bedroom/1-bath apartments and one large 4-bedroom/1-bath unit. With a proven track record of strong rental history and all units currently leased. Perfectly located just minutes from the University of Wisconsin-River Falls (UWRF) and vibrant downtown River Falls!
Directions: From downtown River Falls - head East on Maple, home is on the left

Accessible

None: Yes

Basement

Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Cedar: Yes
Shakes: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Lawn: Yes
Water: Yes

Patio, Porch and Deck Features

Enclosed: Yes
Front Porch: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Electricity: Yes
Trash Collection: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

315 E Maple Street, River Falls, WI 54022

Overview

Description

Listing Details MLS# 7043333