Brick Duplex with Shared
For Sale
$339,900
Pending
1008 Melrose Ct, Kaukauna, WI 54130
One residence is owner-occupied, while the other is leased to a tenant.
Property Size1,824 SF
Days on Market8
Property Features for 1008 Melrose Ct
General Information
Standard status
Pending
Size
1,824 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Amenities
fireplace
Building Details
Year Built
1980
Buildings
1
Stories
2
Construction
brick
Tenancy
Single
Listed By:
Tiffany Holtz | Coldwell Banker
(920) 574-4422
Source:
Tiffanyholtz
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 7:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiffany Holtz | Coldwell Banker
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Investment Insights
Based on property information with market context.
This 1,824-square-foot brick duplex in Kaukauna, Wisconsin, was built in 1980 and arranged as two staggered, single-story residences. A shared foyer connects the units. Each has a fireplace, and outdoor features include a patio and deck. The roof has been replaced, and the owner’s unit has a new furnace and central air. The other residence uses electric heat and wall-mounted air-conditioning units.
The property includes a ground-level owner’s residence and an upper-level unit occupied by a tenant. Both homes have separate living areas, with access through the common entry.
The property includes a ground-level owner’s residence and an upper-level unit occupied by a tenant. Both homes have separate living areas, with access through the common entry.
Key Highlights
- 1,824‑square‑foot brick duplex built in 1980
- Two staggered, single‑story residences connected by a shared foyer
- Fireplaces in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,901
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,020
$278.0K
Cap Rate 7%
$198,586
$198.6K
Cap Rate 9%
$154,456
$154.5K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$20.8K $11.40/SF
− Vacancy
−$936 −$0.51/SF
EGI
$19.9K $10.89/SF
− OpEx
−$6.0K −$3.27/SF
NOI
$13.9K $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 Rate 5%
$278,020
Cap Rate 7%
$198,586
Cap Rate 9%
$154,456
Alternative Uses
Best Use
Multifamily LT 5
$198.6K
$173.8K – $231.7K
NOI $13,901 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$185.9K
$162.6K – $216.9K
NOI $13,011 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$502.9K
$440.0K – $586.7K
NOI $35,203 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is owner-occupied, while the other is leased to a tenant.
Where is this duplex located?
The property is located at 1008 Melrose Ct Kaukauna, WI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 1,824‑square‑foot brick duplex built in 1980; Two staggered, single‑story residences connected by a shared foyer; Fireplaces in both units
