Updated Upper-Lower
For Sale
$299,900
134 DOTY Street, Kaukauna, WI 54130
Residential Income, KAUKAUNA, WI
Property Size2,460 SF
Lot Size0.27 Acres
Price / SF$121.91
Days on Market42
Property Features for 134 DOTY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Lot features
Corner Lot, Sidewalk
Elementary school district
Kaukauna Area
Middle school district
Kaukauna Area
High school district
Kaukauna Area
Directions
Wisconsin Ave. to South on Doty Street.
Standard status
Active
APN
32-2-0414-00
Size
2,460 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAWE MEADE & BLACK ADDN LOT 10 BLK 8 & W38FT LOT 11 BLK 8
Tax Annual Amount
3337
Legal Description
LAWE MEADE & BLACK ADDN LOT 10 BLK 8 & W38FT LOT 11 BLK 8
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
central air
hardwood floors
remodeled kitchens and baths
garage
Building Details
Year built
1880
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Coldwell Banker Real Estate Group
(920) 993-7007
Listed By:
Tiffany L. Holtz · License #916849
(920) 415-0472
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 30 at 3:06AM
MLS# 50329439
Copyright © 2026 Realtor Association of Northeast Wisconsin. 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 upper-lower duplex contains 2,460 square feet across two spacious residential units. Each unit offers 2 bedrooms, 1 bath, a large living room, and a kitchen. Interior improvements include remodeled kitchens and baths, refinished hardwood floors, replaced flooring, central air, and forced-air furnaces. Exterior updates include vinyl siding and updated windows. The property was built in 1880 and is served by public water and public sewer.
A separate large garage and concrete parking pad provide substantial on-site parking. The 0.27-acre property is zoned 2 Family/Duplex. Tenants pay electric and gas, while the owner pays water.
A separate large garage and concrete parking pad provide substantial on-site parking. The 0.27-acre property is zoned 2 Family/Duplex. Tenants pay electric and gas, while the owner pays water.
Key Highlights
- 2,460‑square‑foot upper‑lower duplex with two residential units
- Each unit includes 2 bedrooms, 1 bath, a large living room, and a kitchen
- Remodeled kitchens and baths with refinished hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,940
$374.9K
Cap Rate 7%
$267,814
$267.8K
Cap Rate 9%
$208,300
$208.3K
Market Conditions
NOI Build-Up for 2,460 SF
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.
Gross rent
$28.0K $11.40/SF
− Vacancy
−$1.3K −$0.51/SF
EGI
$26.8K $10.89/SF
− OpEx
−$8.0K −$3.27/SF
NOI
$18.7K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,940
Cap Rate 7%
$267,814
Cap Rate 9%
$208,300
Alternative Uses
Best Use
Multifamily LT 5
$267.8K
$234.3K – $312.5K
NOI $18,747 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,548 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$678.3K
$593.5K – $791.3K
NOI $47,478 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 54130, WI
27,473
Population
11,507
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
95%
High-School Grad
78.0 sq mi
ZIP Area
352
Density / Sq Mi
$86,364
Median Household Income
$50,128
Median Earnings
$969
Median Rent
$242,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units feature remodeled kitchens and baths, refinished hardwood floors, and separate utility billing.
Where is this duplex located?
The property is located at 134 DOTY Street Kaukauna, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,460‑square‑foot upper‑lower duplex with two residential units; Each unit includes 2 bedrooms, 1 bath, a large living room, and a kitchen; Remodeled kitchens and baths with refinished hardwood floors
