Rare opportunity in the heart of St. Croix Falls! This distinctive two-unit property offers exceptionally spacious living areas and incredible flexibility for an owner-occupant or investor. Live in one unit and rent the other, create a multigenerational living arrangement, or add a substantial property to your rental portfolio. Originally constructed in 1888, this historic building was extensively renovated and converted into two residential units while retaining the impressive scale and character that make it truly unique. The upper 3-bedroom, 1.5-bath unit features soaring 13-foot ceilings, an open and spacious layout, large kitchen and living areas, and abundant natural light. The lower 2-bedroom, 1-bath unit is equally impressive with 10-foot ceilings and generously sized rooms. Both units offer approximately 1,863 sq. ft. of living space plus their own huge indoor storage areas, a feature rarely found in a duplex. Major improvements include a new roof in 2025, updated forced-air furnaces, central air 2023, and a recently seal-coated rear parking area with additional off-street parking. Mature lilacs surround much of the property, creating a beautiful setting when in bloom. With two oversized units, tremendous indoor storage, major mechanical updates, and a unique history, this property offers a combination of space and versatility that is difficult to duplicate. Enjoy convenient access to local restaurants, shopping, hiking and recreation, along with the scenic St. Croix River. Whether you're looking for rental income, an owner-occupied investment, or simply an extraordinary amount of living space, this one-of-a-kind property offers an opportunity you won't find every day.