452 Franklin Street #1 and 2, Mondovi, WI 54755

Mondovi
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: robert johnson
Office: re/max results eau claire
MLS#:1597243
Source:Metro MLS
452 Franklin Street #1 and 2,Mondovi, WI 54755
$145,000
  • - Beds
  • - Baths
  • 1,712 sq. ft.
  • Multi-family
  • Pending

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...

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Home facts

  • Year built:1900
  • Listing ID #:1597243
  • Added:124 day(s) ago
  • Updated:December 20, 2025 at 05:19 PM

Rooms and interior

  • Basement Description:Crawl Space, Partial
  • Living area:1,712 sq. ft.

Heating and cooling

  • Cooling:Forced Air, Wall A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:1,712 sq. ft.
  • Lot area:0.2 Acres
  • Construction Materials:Wood
  • Exterior Features:Porch
  • Foundation Description:Stone

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$84.7
  • Tax amount:$1,450 (2024)

Features and amenities

  • Amenities:Circuit Breakers
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