2340 CLARK STREET, Stevens Point, WI 54481
2340 CLARK STREET, Stevens Point, WI 54481
2340 CLARK STREET, Stevens Point, WI 54481
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chad Nelson

Chad Nelson

+1(715) 445-1696
$199,900
Est. payment /mo
4 Beds
2 Baths
1,996 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,996 sqft

Price per Sqft $100

MLS Listing ID 22602821

Style 1.5 Story

Bedrooms 4

Year Built 1890

Annual Tax Amount $3,242

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Property Description

Turnkey Duplex Investment – Prime Student Housing Near UWSP. This well-maintained 2-unit duplex offers an exceptional opportunity for investors seeking stable, high-yield rental income in a proven student housing market. Each side features 2 bedrooms and can legally accommodate up to 3 unrelated occupants, allowing for a total of 6 tenants across the property. Strong Income & Occupancy: Fully leased through Summer 2027 with leases secured a full year in advance - providing immediate, predictable cash flow and minimal vacancy risk. Tenant-paid utilities and snow removal significantly reduce operating expenses. Current rental rates: $2,200 per semester per person on one side and $2,000 per semester per person on the other, delivering strong per-unit returns in a high-demand university location. Property Highlights: Updated mechanical systems for reliability and lower maintenance costs. Professionally maintained by a long-time owner with an outstanding track record. Excellent rental history and strong reputation in the local market. 12-hour showing notice required.

Location

State WI

County Portage County

Area Stevens Point

Exterior

Garage Spaces 1.0

Building

Lot Description Prime Location! Just a short walk to the University of Wisconsin-Stevens Point (UWSP), this property benefits from consistent demand from students seeking convenient, quality off-campus housing. Its proximity to campus ensures reliable occupancy year after year. This is a true hands-off investment with proven performance, immediate income, and built-in appreciation potential in a strong university town. Whether you’re expanding your portfolio or looking for your first multi-unit property, this duplex delivers the stability and returns serious investors demand. There are 3 payments per year with Summer rent at $400.00 per person, due June 1st. Secure your future and build long-term family wealth through real estate. Call today to schedule a private showing and review the full financials. Serious investors only — this opportunity will not last long.

Sewer Pb Sewer/Pb Water

Others

Tax ID 281-24-0833201713

Read Less Info
Listed by FIRST WEBER

Nearby Locations

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Nelson Real Estate Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.