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    Mixed-Use Property with Commercial Unit Title is generated by Realmo AI

    1903 E APPLE CREEK Road, Appleton, WI 54913

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    For Sale
    $239,900

    MULTI_FAMILY - APPLETON, WI

    Property size:
    1,340 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $179/SF
    Added:
    Jun 16, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 19 at 7:06 am

    Property Features for 1903 E APPLE CREEK Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    10-1-0040-00 01
    Size
    1,340 SF
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 2 CSM 6787
    Tax Annual Amount
    2564

    Utilities

    Water source
    Private

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Vinyl Siding

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    Listing Contact
    Breanna C. Johnson

    Listing agent Breanna C. Johnson License #94-92531

    Listing office Keller Williams Green Bay 3500 Packerland Dr Ste 270, De pere, WI

    Listing date Jun 16, 2026

    MLS# 50327534 Listing URL

    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.

    HighLights

    • Two residential units plus a 1,605 SF commercial unit for mixed‑use living and income options
    • Each residential unit offers 1 bedroom, 1 full bath, and a kitchen with stove and refrigerator
    • Commercial unit can be rented for additional income or used for storage, workshop, or business space
    • Updates include a new roof, new siding, some new windows, and new electric heating
    • 200 amp electrical service plus separate utilities and separate parking for the units
    • Private water source

    Overview

    This mixed-use property in Grand Chute includes two residential units and a separate commercial unit. Each residential unit features 1 bedroom, 1 full bath, and a kitchen equipped with a stove and refrigerator. The commercial space is approximately 1,605 square feet and can support a range of uses such as business space with additional room for storage and workshop needs. Practical utility planning is reflected in separate parking and separate utilities.

    Recent improvements include a new roof, new siding, some new windows, and new electric heating. The property also has 200 amp electrical service, supporting functional flexibility for both residential and commercial operations.

    For buyers or tenants seeking versatility, the configuration allows multiple occupancy paths: live in one residential unit while leasing the other, lease all units for rental income, or combine commercial use with residential tenants. The separate parking and utilities can simplify day-to-day management and help keep residential and commercial operations distinct. The zoning is listed as Residential, so prospective occupants should review their intended use accordingly. Schedule a showing to evaluate how the space can fit your plans.

    Local Financial Insights For Office B

    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 $30.2k $22.56
    − Vacancy −$3.6k −$2.71
    EGI $26.6k $19.85
    − OpEx −$6.7k −$4.96
    NOI $20.0k $14.89
    1,340 SF · lease $22.56/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $285.0K
    $249.4K – $332.5K (±1% cap)
    NOI $19,952 @ 7.0% cap · market cap 8.32%
    Second Best
    Mixed Use
    $193.8K
    $169.6K – $226.1K (±1% cap)
    NOI $13,568 @ 7.0% cap · market cap 5.66%
    Theoretical Best
    Office A
    $369.5K
    $323.3K – $431.0K (±1% cap)
    NOI $25,862 @ 7.0% cap · market cap 10.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.376846
    Latitude
    44.323788

    FAQs

    What type of property is this?
    Mixed-use property - Two updated residential units plus a sizable commercial space offer flexible occupancy and income uses.
    Where is this mixed-use property located?
    The property is located at 1903 E APPLE CREEK Road Appleton, WI.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: Two residential units plus a 1,605 SF commercial unit for mixed‑use living and income options; Each residential unit offers 1 bedroom, 1 full bath, and a kitchen with stove and refrigerator; Commercial unit can be rented for additional income or used for storage, workshop, or business space
    More about this property
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