12-Unit Quadplex Portfolio

1091 - 1147 6TH STREET Port Edwards, WI 54469

Claim this Listing
Pending
$1,100,000

MULTI_FAMILY - Port Edwards, WI

Property size:
13,104 SF
Lot size:
4.95 Acres
Added:
Jun 30, 2026
Days on Market:
12
Last Refresh:
Jul 11 at 5:06 am

Property Features for 1091 - 1147 6TH STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
16
Rooms
Bathroom 12, Bedroom 4, Bathroom 5, Bathroom 13, Bathroom 7, Bathroom 15, Bedroom 9, Bedroom 12, Bedroom 10, Bedroom 6, Bathroom 9, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 8, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 15, Bathroom 10, Bedroom 1, Bedroom 7, Bathroom 14, Bedroom 14, Bedroom 16, Bedroom 11, Bedroom 8, Bathroom 16, Bedroom 5, Bedroom 13, Bathroom 11, Bathroom 2
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Smoke Detector, Garage Door Opener, Cable Hookup, Carpet, Vinyl Floors
Appliances
Refrigerator, Range, Dishwasher, Microwave
Standard status
Pending
Lot size
4.95 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
22604

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
2014
Floors in Building
1
Number of units
12
Building materials
Vinyl, Brick/Stone
Roof type
Shingle

Listing agent JOHN JR SIEWERT License #2993490

Listing office COLDWELL BANKER- SIEWERT REALTORS 325 8TH STREET S, Wisconsin Rapids, WI

Listing date Jun 30, 2026

MLS# 22603001 Listing URL

Copyright © 2026 Central Wisconsin MLS. 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 offering includes three quadplex buildings operated as a 12-unit residential portfolio. The units are described as well-maintained and are currently 100% occupied, with each residence featuring an attached single-car garage and a covered front porch. The floor plan is open from living through dining, with a kitchen that includes ample cabinetry, pantry space, and provided appliances including a refrigerator, range, dishwasher, and microwave. Each unit is reported to offer two bedrooms, 1.5 bathrooms, a laundry/mudroom, and a separate utility room. Construction is described as phased across the three buildings, with Building 1 completed in 2014, Building 2 completed in 2017, and Building 3 completed in 2018, and amenities noted to include in-floor hydronic heat. The portfolio sits on a single 4.950-acre tax parcel.

The property is located in Port Edwards, Wisconsin at 1091 - 1147 6TH STREET (as provided), positioned on a quiet cul-de-sac within a wooded setting. The landlord is responsible for lawn care and snow removal, which can reduce tenant burden and help maintain the exterior environment. The area is noted to be convenient to local amenities including Ripple Creek Park and access to the Ahdawagum Trail system.

For investors or operators seeking a turnkey, fully leased multifamily portfolio, the documented unit mix and in-unit features support long-term residential use. The combination of private attached garages, covered porches, and laundry/mudroom layouts may appeal to tenants looking for day-to-day convenience. Units also vary in interior finish, with the remarks noting that some units have carpet in the living/dining area and bedrooms.

Key Highlights

  • 12‑unit multifamily portfolio: three quadplex buildings on a single 4.950‑acre tax parcel
  • 100% occupancy with all 12 units currently leased
  • Each unit is 1,092 SF with 2 bedrooms and 1.5 bathrooms, plus a laundry/mudroom and separate utility room

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 $133.7k $10.20
− Vacancy −$10.0k −$0.77
EGI $123.6k $9.44
− OpEx −$37.1k −$2.83
NOI $86.5k $6.60
13,104 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,545 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,605 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$2.54M
$2.22M – $2.97M (±1% cap)
NOI $177,954 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Auto Repair Shop Electrical Service Building Supply Big Box & Wholesale Store Spa & Massage Center Grocery & Convenience Store Kitchen & Bath Showroom Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Three quadplex buildings totaling 12 leased residences with attached garages and private porches.
Where is this quadplex located?
The property is located at 1091 - 1147 6TH STREET Port Edwards, WI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 12‑unit multifamily portfolio: three quadplex buildings on a single 4.950‑acre tax parcel; 100% occupancy with all 12 units currently leased; Each unit is 1,092 SF with 2 bedrooms and 1.5 bathrooms, plus a laundry/mudroom and separate utility room
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message