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621 LEWIS Street, De Pere, WI, 54115
Brick Duplex with Two Porches

621 LEWIS Street De Pere, WI 54115

For Sale
$279,900

MULTI_FAMILY - DE PERE, WI

Property Size1,889 SF
Lot Size0.17 Acres
Price / SF$148.17
Days on Market14

Property Features for 621 LEWIS Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex,Resident
Parking 2
Standard status Active
APN ED-942
Size 1,889 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3781

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1860
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: Dallaire Realty
Listed By: Judd J. Gehl · License #9488691
Added: Jul 14 Changed: Jul 27 Last Checked: Jul 27 at 1:06PM
MLS# 50329068

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 brick duplex offers two separate residential units. The main floor unit features a covered porch entry and a 2-bedroom, 2-bath layout with a primary bedroom, a walk-in closet, and an en-suite bath with a shower. It also includes a large open kitchen with appliances and a first-floor laundry area with included washer/dryer that leads to a deck and yard. The main unit living spaces include exposed brick in the second bedroom and maple narrow-board flooring in the living room, plus a dining room with a bumpout.

The upper unit has its own covered porch entry and includes a spacious kitchen, a large living room, and a 1-bedroom, 1-bath layout with laundry accommodations near the entry.

A detached 2-stall garage includes additional heated space above, accessed via an exterior staircase. The property also has a driveway with ample parking, and the main unit is described as ready to occupy.

Key Highlights

  • 3BR/3BA up‑and‑down brick duplex on a corner lot with separate covered porch entries for both units
  • Main floor unit features 2BR/2BA with a primary bedroom, walk‑in closet, and en‑suite bath with shower
  • Main unit includes an open kitchen with appliances and 1st‑floor laundry with included washer/dryer plus access to deck and yard

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 $26.5k $14.04
− Vacancy −$955 −$0.51
EGI $25.6k $13.53
− OpEx −$7.7k −$4.06
NOI $17.9k $9.47
1,889 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$255.7K
$223.7K – $298.3K (±1% cap)
NOI $17,897 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$236.2K
$206.7K – $275.6K (±1% cap)
NOI $16,534 @ 7.0% cap · market cap 5.91%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,570 @ 7.0% cap · market cap 39.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Auto Repair Shop

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit brick duplex on a corner lot with detached 2-stall garage and separate covered porches for each unit.
Where is this duplex located?
The property is located at 621 LEWIS Street De Pere, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 3BR/3BA up‑and‑down brick duplex on a corner lot with separate covered porch entries for both units; Main floor unit features 2BR/2BA with a primary bedroom, walk‑in closet, and en‑suite bath with shower; Main unit includes an open kitchen with appliances and 1st‑floor laundry with included washer/dryer plus access to deck and yard
More about this property
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