For Sale
Multi family home for sale at 4880 Otteson Ln #1-36, Eau Claire, WI 54701 | MLS# 1599391 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 4880 Otteson Ln #1-36, Eau Claire, WI 54701 | MLS# 1599391 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 4880 Otteson Ln #1-36, Eau Claire, WI 54701 | MLS# 1599391 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 4880 Otteson Ln #1-36, Eau Claire, WI 54701 | MLS# 1599391 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 4880 Otteson Ln #1-36, Eau Claire, WI 54701 | MLS# 1599391 | Listing updated on 2026-09-18
30+
Beds Icon

Street View

$5,300,000

Monthly Est:$26,380

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon42,736sqft

4880 Otteson Ln #1-36, Eau Claire, WI 54701

$26,380/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1998

  • $-- HOA

  • 4.26 acres lot

  • $124/sq.ft

Description

Introducing a rare and highly versatile investment opportunity on Eau Claire?s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a full-service Continuing Care Retirement Community (CCRC). With the ability to incorporate assisted living, memory care, or layered home health services, the possibilities for increased revenue streams and long-term value creation are substantial. The property was thoughtfully constructed to accommodate a future two-story expansion, with excess land available for an additional wing?allowing a seamless scale-up of operations without compromising the existing structure. Nestled in a private, wooded setting, the site offers a peaceful and highly sought-after environment for residents, while still being conveniently located on Eau Claire?s southside. Its positioning is especially strategic?situated between two established Continuing Care Retirement Communities?reinforcing the area?s strong demand and proven senior housing market.

  • Houzeo last checked: 3 hours ago
  • Listing updated: September 18, 2026 at 2:35 pm
  • Listing Provided by: Mary Proznik (815) 503-4597 | GRIP Realty LLC (715) 496-8111
  • Source: WIREX | MLS#: 1599391 WIREX
  • Originating MLS: Northwestern Wisconsin MLS

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Eau Claire County

  • City

    Eau Claire

  • Neighborhood

    --

  • Year Built

    1998

  • HOA Fees

    -

  • Finished Area

    42,736 sqft

  • Lot Size

    4.26 acres lot

  • Basement Area

    - sqft

  • MLS Name

    WIREX

  • MLS Number

    1599391

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    Other

  • Heating

    Hot Water, Other, Natural Gas

Price History

DateEventPrice

03/24/2026

Source: mls_logoWIREX #1599391

Listed for Sale

$5,300,000

$124/sqft

Nearby Homes

Based on information received from WIRES/RANW MLS through Oct 29, 2026, 02:15PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.

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