Renovated Duplex with In-Unit
1010 North Division Street Appleton, WI 54911
1010 North Division Street, Appleton, WI, 54911
$247,000
For Sale
$247,000
Renovated two-unit duplex offers remodeled units with in-unit laundry and basement upgrades, including a 2023 sump pump and roof replacement.
Property Size1,736 SF
Price / SF$142.28
Days on Market38
Property Features for 1010 North Division Street
General Information
- Standard status
- Active
- Size
- 1,736 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1900
Listing agency
Elysian Realty, LLC
(773) 218-0502
Listed by
Elysia N Diaz · License #90-57383
(773) 218-0502
Source
Compass
Added: Jun 15 Updated: Jul 21 at 8:40PM Checked: Jul 21 at 8:40PM
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 Elysian Realty, LLC
Investment Insights
Based on property information with market context.
This renovated duplex features two separate units with updated interiors. The lower unit is a 2-bedroom, 1-bath layout, and the upper unit is a 1-bedroom, 1-bath layout. In-unit laundry is available on the same level as each unit. Recent improvements include basement upgrades completed in 2023, with a new sump pump and interior drain tile system, along with a new roof in 2023 and one new water heater in 2023.
Tenants are on a month-to-month basis, making it suitable for buyers seeking flexibility. The property is configured as a low-maintenance residential income asset with multiple distinct rental options across the two units.
The duplex’s current configuration supports both varied living arrangements and rental income through separate bed/bath layouts for the lower and upper levels.
Tenants are on a month-to-month basis, making it suitable for buyers seeking flexibility. The property is configured as a low-maintenance residential income asset with multiple distinct rental options across the two units.
The duplex’s current configuration supports both varied living arrangements and rental income through separate bed/bath layouts for the lower and upper levels.
Key Highlights
- Renovated 2‑unit duplex with remodeled lower (2 bed/1 bath) and upper (1 bed/1 bath) units
- In‑unit laundry on the same level for both units
- Basement upgraded in 2023 with new sump pump and interior drain tile system
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 | $19.8k | $11.40 |
| − Vacancy | −$891 | −$0.51 |
| EGI | $18.9k | $10.89 |
| − OpEx | −$5.7k | −$3.27 |
| NOI | $13.2k | $7.62 |
1,736 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$189.0K
$165.4K – $220.5K
NOI $13,230 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$176.9K
$154.8K – $206.4K
NOI $12,383 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$478.6K
$418.8K – $558.4K
NOI $33,505 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-unit duplex offers remodeled units with in-unit laundry and basement upgrades, including a 2023 sump pump and roof replacement.
Where is this duplex located?
The property is located at 1010 North Division Street Appleton, WI.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: Renovated 2‑unit duplex with remodeled lower (2 bed/1 bath) and upper (1 bed/1 bath) units; In‑unit laundry on the same level for both units; Basement upgraded in 2023 with new sump pump and interior drain tile system
