Occupied Two-Unit
For Sale
$244,900
Pending
108 E Atlantic St, Appleton, WI 54911
Fully occupied duplex with flexible room layouts, separate utility responsibility, and a garage, deck, yard, and shed.
Property Size2,434 SF
Days on Market48
Property Features for 108 E Atlantic St
General Information
Standard status
Pending
Size
2,434 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Gross Income
$28,200
Amenities
deck
garage
private yard
shed
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Renard Realty
Listed By:
Shane Renard - Principal Broker Owner · License #9057962
(920) 606-4436
Source:
Renardrealtygroup
Added: Sep 18
Changed: Nov 1
Last Checked: Nov 3 at 5:55AM
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 Renard Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this 2,434-square-foot duplex contains two occupied residences with distinct layouts. The 108 E Atlantic St unit provides two bedrooms, one and a half bathrooms, and two additional rooms that can accommodate flexible uses. The 110 E Atlantic St unit includes one bedroom, one bathroom, and another adaptable room.
Both residences feature kitchens and gathering areas, while the property also includes a deck, garage, private yard, and shed. Tenants are separately responsible for all utilities, adding a defined utility arrangement for the two-unit configuration.
Both residences feature kitchens and gathering areas, while the property also includes a deck, garage, private yard, and shed. Tenants are separately responsible for all utilities, adding a defined utility arrangement for the two-unit configuration.
Key Highlights
- 2,434‑square‑foot duplex built in 1900
- Fully occupied two‑unit property
- 108 E Atlantic St unit has 2 bedrooms, 1.5 bathrooms, and 2 additional rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,549
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,980
$371.0K
Cap Rate 7%
$264,986
$265.0K
Cap Rate 9%
$206,100
$206.1K
Market Conditions
NOI Build-Up for 2,434 SF
Gross rent
$27.7K $11.40/SF
− Vacancy
−$1.2K −$0.51/SF
EGI
$26.5K $10.89/SF
− OpEx
−$7.9K −$3.27/SF
NOI
$18.5K $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%
$370,980
Cap Rate 7%
$264,986
Cap Rate 9%
$206,100
Alternative Uses
Best Use
Multifamily LT 5
$265.0K
$231.9K – $309.2K
NOI $18,549 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$248.0K
$217.0K – $289.4K
NOI $17,362 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$671.1K
$587.2K – $782.9K
NOI $46,976 @ 7.0% cap · market cap 19.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
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Business Placement
Demographics for 54911, WI
26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
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 - Fully occupied duplex with flexible room layouts, separate utility responsibility, and a garage, deck, yard, and shed.
Where is this duplex located?
The property is located at 108 E Atlantic St Appleton, WI.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: 2,434‑square‑foot duplex built in 1900; Fully occupied two‑unit property; 108 E Atlantic St unit has 2 bedrooms, 1.5 bathrooms, and 2 additional rooms
