12-Unit Quadplex
1091 - 1147 6TH STREET, Port Edwards, WI 54469
New
MULTI_FAMILY - Port Edwards, WI
Property size:
13,104 SFLot size:
4.95 AcresPrice / SF:
$83/SF- Added:
- Jun 30, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 5 at 3:06 pm
Property Features for 1091 - 1147 6TH STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 16
- Rooms
- Bedroom 10, Bathroom 15, Bathroom 3, Bathroom 12, Bedroom 9, Bathroom 13, Bathroom 9, Bathroom 10, Bathroom 5, Bedroom 4, Bedroom 11, Bathroom 2, Bathroom 7, Bedroom 8, Bedroom 2, Bathroom 14, Bathroom 16, Bedroom 7, Bathroom 8, Bedroom 3, Bedroom 1, Bedroom 16, Bedroom 6, Bedroom 13, Bathroom 4, Bedroom 12, Bathroom 1, Bathroom 6, Bedroom 5, Bedroom 15, Bedroom 14, Bathroom 11
- 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
- Active
- 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 (715) 570-4085
Listing office COLDWELL BANKER- SIEWERT REALTORS 325 8TH STREET S, Wisconsin Rapids, WI (715) 424-4800
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.
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
- Private attached single‑car garage and covered front porch for each unit
- Appliances included in each unit: refrigerator, range, dishwasher, and microwave
- Buildings completed in phases: Building 1 (2014), Building 2 (2017), Building 3 (2018); hot water heating and shingle roof
Overview
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.
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.
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
NOI $86,545 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,605 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$2.54M
$2.22M – $2.97M
NOI $177,954 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Port Edwards
- County
- Wood
- State
- Wisconsin
- Longitude
- -89.866303
- Latitude
- 44.352769
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
