12-Unit Quadplex
1091 - 1147 6TH STREET Port Edwards, WI 54469
1091 - 1147 6TH STREET, Port Edwards, WI, 54469
$1,100,000
Pending
For Sale
$1,100,000
Pending
MULTI_FAMILY - Port Edwards, WI
Property Size13,104 SF
Lot Size4.95 Acres
Days on Market22
Property Features for 1091 - 1147 6TH STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 16
- Rooms
- Bathroom 12, Bedroom 4, Bathroom 5, Bathroom 13, Bathroom 7, Bathroom 15, Bedroom 9, Bedroom 12, Bedroom 10, Bedroom 6, Bathroom 9, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 8, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 15, Bathroom 10, Bedroom 1, Bedroom 7, Bathroom 14, Bedroom 14, Bedroom 16, Bedroom 11, Bedroom 8, Bathroom 16, Bedroom 5, Bedroom 13, Bathroom 11, Bathroom 2
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Smoke Detector, Garage Door Opener, Cable Hookup, Carpet, Vinyl Floors
- Appliances
- Refrigerator, Range, Dishwasher, Microwave
- Standard status
- Pending
- Lot size
- 4.95 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 22604
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Number of units
- 12
- Building materials
- Vinyl, Brick/Stone
- Roof type
- Shingle
Listing Agency
COLDWELL BANKER- SIEWERT REALTORS
(715) 424-4800
325 8TH STREET S, Wisconsin Rapids, WI
Listed by
JOHN JR SIEWERT · License #2993490
(715) 570-4085
Added: Jun 30 Updated: Jul 9 at 2:05 pm Checked: Jul 21 at 5:06 am
MLS# 22603001
Listing URL
Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes three quadplex buildings operated as a 12-unit residential portfolio. The units are described as well-maintained and are currently 100% occupied, with each residence featuring an attached single-car garage and a covered front porch. The floor plan is open from living through dining, with a kitchen that includes ample cabinetry, pantry space, and provided appliances including a refrigerator, range, dishwasher, and microwave. Each unit is reported to offer two bedrooms, 1.5 bathrooms, a laundry/mudroom, and a separate utility room. Construction is described as phased across the three buildings, with Building 1 completed in 2014, Building 2 completed in 2017, and Building 3 completed in 2018, and amenities noted to include in-floor hydronic heat. The portfolio sits on a single 4.950-acre tax parcel.
The property is located in Port Edwards, Wisconsin at 1091 - 1147 6TH STREET (as provided), positioned on a quiet cul-de-sac within a wooded setting. The landlord is responsible for lawn care and snow removal, which can reduce tenant burden and help maintain the exterior environment. The area is noted to be convenient to local amenities including Ripple Creek Park and access to the Ahdawagum Trail system.
For investors or operators seeking a turnkey, fully leased multifamily portfolio, the documented unit mix and in-unit features support long-term residential use. The combination of private attached garages, covered porches, and laundry/mudroom layouts may appeal to tenants looking for day-to-day convenience. Units also vary in interior finish, with the remarks noting that some units have carpet in the living/dining area and bedrooms.
The property is located in Port Edwards, Wisconsin at 1091 - 1147 6TH STREET (as provided), positioned on a quiet cul-de-sac within a wooded setting. The landlord is responsible for lawn care and snow removal, which can reduce tenant burden and help maintain the exterior environment. The area is noted to be convenient to local amenities including Ripple Creek Park and access to the Ahdawagum Trail system.
For investors or operators seeking a turnkey, fully leased multifamily portfolio, the documented unit mix and in-unit features support long-term residential use. The combination of private attached garages, covered porches, and laundry/mudroom layouts may appeal to tenants looking for day-to-day convenience. Units also vary in interior finish, with the remarks noting that some units have carpet in the living/dining area and bedrooms.
Key Highlights
- 12‑unit multifamily portfolio: three quadplex buildings on a single 4.950‑acre tax parcel
- 100% occupancy with all 12 units currently leased
- Each unit is 1,092 SF with 2 bedrooms and 1.5 bathrooms, plus a laundry/mudroom and separate utility room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.7k | $10.20 |
| − Vacancy | −$10.0k | −$0.77 |
| EGI | $123.6k | $9.44 |
| − OpEx | −$37.1k | −$2.83 |
| NOI | $86.5k | $6.60 |
13,104 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,545 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,605 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$2.54M
$2.22M – $2.97M
NOI $177,954 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Three quadplex buildings totaling 12 leased residences with attached garages and private porches.
Where is this quadplex located?
The property is located at 1091 - 1147 6TH STREET Port Edwards, WI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 12‑unit multifamily portfolio: three quadplex buildings on a single 4.950‑acre tax parcel; 100% occupancy with all 12 units currently leased; Each unit is 1,092 SF with 2 bedrooms and 1.5 bathrooms, plus a laundry/mudroom and separate utility room
