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216 E Elm Street

River Falls, WI 54022

– beds
– baths
2,813 sqft
$142 per sqft
1900 build
– on site

Welcome to "Big Red" – a remarkable investment opportunity in River Falls, WI! This spacious 8-bedroom, 2-bath home has been thoughtfully updated with new siding, roof, and porch, ensuring both curb appeal and lasting durability. Designed with college students in mind, the property features ample living space perfect for shared accommodations and easy maintenance. Its large, open layout offers plenty of common areas for studying, socializing, and relaxation, while its recent upgrades provide peace of mind for investors. Ideally situated near campus amenities and local transit, "Big Red" is positioned to attract quality tenants and deliver excellent rental returns. Don't miss your chance to own a high-demand rental property in one of River Falls’ most sought-after neighborhoods!

Listing courtesy of NORTHSTAR / Laurie Larsen / Property Executives Realty

Last checked: Checking… • Last updated Feb 26, 2025 •

MLS# 6649920 —

The Building

Year Built:

1900
New Construction:

false
Age Of Property:

125
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Frame
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

More Than 2 Stories
Main Level Finished Area:

1500.0000
Basement:

Egress Window(s)
Basement:

false
Foundation Area:

1500
Building Area Total:

3113
Above Grade Finished Area:

2513
Below Grade Finished Area:

300

Room Dimensions

Living Area:

2813

Location

Directions:

River Falls to 2nd Street to East Elm to 216
Latitude:

44.857744
Longitude:

-92.623728

The Property

Parcel Number:

276010090600
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Size Area:

0.1
Lot Size Dimensions:

60.74x132
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

3466
Tax With Assessments:

3466.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

River Falls

The Community

Subdivision Name:

River Falls
Association Amenities:

Coin-op Laundry Owned, Deck
Assessment Pending:

No

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/26/25 Feb 26, 2025	Price Changed	NORTHSTAR	$399,900	-3.6%
1/16/25 Jan 16, 2025	Listed / Active	NORTHSTAR	$415,000	26.3% (17.4% / YR)
7/12/23 Jul 12, 2023		NORTHSTAR	$328,500	43.8%

Multifamily For Sale

$399,900

Price drop −$15,100

Listing provided by broker:

Laurie Larsen

Property Executives Realty

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This multifamily located in River Falls, WI 54022 is currently for sale for $399,900. 216 E Elm Street is a 2,813 square foot multifamily with – beds and – baths that has been on Estately for 74 days. This multifamily is in the attendance area of River Falls High School, Greenwood Elementary School, and Meyer Middle School.

Listing Courtesy of: NORTHSTAR and Property Executives Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.