508 Ferry Street Eau Claire WI 54703 $380,000 Schedule Tour
508 Ferry Street 1,2,3,4, Eau Claire, WI
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For Sale
$380,000

508 Ferry Street 1,2,3,4, Eau Claire, WI 54703

3,038 sqft · $125/sqft · Built 1901

MLS# 1599429

About 508 Ferry Street 1,2,3,4, Eau Claire, WI 54703

Strong multi-family investment — 4-unit building with total rents of $3,830/mo and a proven rental history.

Three units have been tastefully updated with new flooring, fresh paint and other improvements; one unit needs minor work when vacated, offering upside.

Exterior professionally painted in 2025 and partial electrical upgrades including a new panel provide added peace of mind.

Convenient location, low vacancy history — excellent turnkey cashflow opportunity.

Schedule a showing today!

Property Details

Above Grade Finished
2,798 sq ft
Below Grade Finished
240 sq ft
Possession
Subject To Tenant Rights
Zoning
Residential-Multifamily
Heating
Baseboard, Hot Water
Cooling
Wall Units
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Foundation
Block
Construction
Wood Siding
Appliances
Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
Basement
Partial
Patio & Porch
Open, Porch
Parking
Concrete, Driveway
County
Eau Claire
Township
City of Eau Claire
Directions
North Clairemont Ave to West on Menomonie St, South on Ferry St. Property on the right side.
Parcel Number
04-0031
Exclusions
Microwave, Tenants Personal
Legal Description
Lots 1-2-3 Exc W 16 Ft Lots 1 & 2 Blk 1 David Candells Add
Listing Brokerage
Property Shoppe Realty LLC

Price & Listing History

  • Jul 2019 · Listed
    $194,900
  • Sep 2019 · Sold · 50 days on market
    $192,000
  • Mar 2024 · Listed
    $315,000
    +64.1% above last sale $192,000 in 2019 (+$123,000 over 4.5 years · +11.5% per year)
  • May 2024 · Sold · 45 days on market
    $297,500
    +9.9% per year from prior sale 4.7 years earlier
  • Mar 2026 · Listed
    $380,000
    +27.7% above last sale $297,500 in 2024 (+$82,500 over 1.9 years · +13.9% per year)
  • Currently active · 75 days on market
Annualized appreciation: +9.9% per year from 2019 to 2024 (4.7 years — $192,000 → $297,500)

Prior price and listing information from sources believed to be reliable, but no guarantees of accuracy and data has not been confirmed. Please confirm with county official documents.

Flood Zone

Not in a Special Flood Hazard Area · FEMA Zone X
AREA OF MINIMAL FLOOD HAZARD
Federally-backed mortgages do not require flood insurance for properties in this zone.

Source: FEMA National Flood Hazard Layer. Flood maps are updated periodically (typically every 5–10 years per area) and may not reflect current ground conditions or recent improvements. For mortgage purposes, your lender may obtain an official Flood Determination from a licensed firm. Always verify before making decisions.

Location

  • Parks
  • Boat landings
  • Bike trails
  • Grocery
  • Hospital
  • Gas

What's Near 508 Ferry St 1,2,3,4, Eau Claire, WI 54703

Nearby Boat Landings

Nearby Bike Trails

Eau Claire Area Schools

Eau Claire Area School District

Nearby colleges & universities

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Eau Claire Property Taxes

Annual tax
$4,334.15 (2025)
Parcel #
04-0031
County
Eau Claire

Tax history or assessment detail: Search Eau Claire County property records ↗ — paste the parcel number above when prompted.

Mortgage Calculator

Estimated monthly $0
Principal & interest
$0
Property tax (est.)
$0
Home insurance (est.)
$0

Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

More Multi-Family Properties near 508 Ferry St 1,2,3,4 Eau Claire, WI 54703

This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.