452 N Franklin Street #1 and 2, Mondovi, WI 54755
Local realty services provided by:CENTURY 21 Affiliated
452 N Franklin Street #1 and 2,Mondovi, WI 54755
$145,000
- - Beds
- - Baths
- 1,712 sq. ft.
- Multi-family
- Active
Listed by: robert johnson
Office: re/max results~eau claire
MLS#:1597243
Source:WI_RANWW
Price summary
- Price:$145,000
- Price per sq. ft.:$84.7
About this home
100% Leased Duplex With Long-Term Tenants + Recent Capital Improvements. This fully leased duplex is an excellent fit for investors, especially those looking to make a smart first step into multifamily ownership with an estimated cap rate of 9%, depending on operating costs and management strategy. The property includes two 2-bedroom, 1-bath units, both occupied with leases secured through June and July of 2026, providing consistent and predictable income.
The duplex generates $1,425/month ($17,100/year) in current rent. Both tenants are already accustomed to online rent payments and automatic late-fee structures, offering smoother collections for any buyer who prefers to continue with a digital platform (currently apartments.com). A new roof installed in 2022 and electrical upgrades completed in 2024 provide recent major updates significantly reducing near-term maintenance concern.
This duplex presents a straightforward, financially sound opportunity for a buyer seeking stable tenancy, updated systems, and a property that performs without requiring heavy repositioning. A strong choice for anyone building a small investment portfolio or stepping confidently into income-producing real estate.
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Home facts
- Year built:1900
- Listing ID #:1597243
- Added:21 day(s) ago
- Updated:December 12, 2025 at 06:05 PM
Rooms and interior
- Living area:1,712 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:1,712 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$145,000
- Price per sq. ft.:$84.7
- Tax amount:$1,451 (2024)
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