Side-by-Side Duplex with
New
For Sale
$395,000
1051 MAIN Street, Wrightstown, WI 54180
MULTI_FAMILY - WRIGHTSTOWN, WI
Property Size2,812 SF
Lot Size0.27 Acres
Price / SF$140.47
Days on Market7
Property Features for 1051 MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Parking
2
Accessibility
Accessible Approach with Ramp
Lot features
Sidewalk
Elementary school district
Wrightstown Community
Middle school district
Wrightstown Community
High school district
Wrightstown Community
Directions
From Hwy 41 take Wrightstown Exit and go East, Left on Hwy 96/Main St to property on the right.
Standard status
Active
APN
VW-390-J-19
Size
2,812 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4732
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public
Building Details
Year built
1991
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Green Bay · Keller Williams Realty
(920) 632-7702
Listed By:
Caitlin C. Cravillion · License #94-94151
(920) 676-2667
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 9:06AM
MLS# 50329885
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 well-maintained side-by-side duplex offers updated living spaces inside and out. Built in 1991 with vinyl siding, the property includes central air and oil heat, along with public water and public sewer service. Accessibility features include an accessible approach with a ramp.
Each unit is designed for easy daily living with zero entry, first-floor laundry, and an open-concept kitchen and living area. Both units also feature a sunroom and a private patio with a privacy fence. Unit 1053 is vacant and move-in ready, while Unit 1051 is leased to a long-term tenant, supporting immediate rental income.
Updates mentioned include new ColorGuard siding, water heaters, sump pumps, stamped concrete patios, water softeers, boiler units, a roof, gutters, and downspouts. The property sits on a 0.27-acre lot and totals 2,812 square feet.
Each unit is designed for easy daily living with zero entry, first-floor laundry, and an open-concept kitchen and living area. Both units also feature a sunroom and a private patio with a privacy fence. Unit 1053 is vacant and move-in ready, while Unit 1051 is leased to a long-term tenant, supporting immediate rental income.
Updates mentioned include new ColorGuard siding, water heaters, sump pumps, stamped concrete patios, water softeers, boiler units, a roof, gutters, and downspouts. The property sits on a 0.27-acre lot and totals 2,812 square feet.
Key Highlights
- Unit 1053 is vacant and move‑in ready; Unit 1051 is leased to a long‑term tenant
- Zero entry plus first‑floor laundry in each side‑by‑side unit
- Open‑concept kitchen and living area, each with a sunroom
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 | $39.5k | $14.04 |
| − Vacancy | −$1.4k | −$0.51 |
| EGI | $38.1k | $13.53 |
| − OpEx | −$11.4k | −$4.06 |
| NOI | $26.6k | $9.47 |
2,812 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$380.6K
$333.0K – $444.0K
NOI $26,641 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$351.6K
$307.7K – $410.2K
NOI $24,612 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$2.35M
$2.06M – $2.74M
NOI $164,597 @ 7.0% cap · market cap 41.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 54180, WI
3,268
Population
1,264
Households
2.6
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
5.9 sq mi
ZIP Area
554
Density / Sq Mi
$101,731
Median Household Income
$51,982
Median Earnings
$1,272
Median Rent
$275,200
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 - Side-by-side duplex with central air and accessible entry, featuring a long-term leased unit and a vacant move-in ready unit.
Where is this duplex located?
The property is located at 1051 MAIN Street Wrightstown, WI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Unit 1053 is vacant and move‑in ready; Unit 1051 is leased to a long‑term tenant; Zero entry plus first‑floor laundry in each side‑by‑side unit; Open‑concept kitchen and living area, each with a sunroom
