Remodeled Duplex with Separate
1103 North Division Street Appleton, WI 54911
1103 North Division Street, Appleton, WI, 54911
$240,000
For Sale
$240,000
Remodeled duplex on a corner lot with separate garage stalls for each unit and updated kitchens and baths.
Property Size1,423 SF
Price / SF$168.66
Days on Market38
Property Features for 1103 North Division Street
General Information
- Standard status
- Active
- Size
- 1,423 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 22 at 2:23AM Checked: Jul 22 at 2:23AM
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 duplex features fully remodeled interiors with updated kitchens and baths, along with real hardwood floors throughout. The property includes two garage stalls, with separate stalls for each unit. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit provides 1 bedroom and 1 bathroom.
The duplex is situated on a corner lot. A new roof was installed in 2023.
Current tenants are on a month-to-month arrangement, with the upper tenant moving out.
The duplex is situated on a corner lot. A new roof was installed in 2023.
Current tenants are on a month-to-month arrangement, with the upper tenant moving out.
Key Highlights
- Duplex with fully remodeled kitchens and baths in both units
- Upper unit: 1 bed, 1 bath; lower unit: 2 beds, 1 bath
- Separate garage stalls for each unit
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 | $16.2k | $11.40 |
| − Vacancy | −$730 | −$0.51 |
| EGI | $15.5k | $10.89 |
| − OpEx | −$4.6k | −$3.27 |
| NOI | $10.8k | $7.62 |
1,423 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$154.9K
$135.6K – $180.8K
NOI $10,845 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$145.0K
$126.9K – $169.2K
NOI $10,151 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$392.3K
$343.3K – $457.7K
NOI $27,464 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Remodeled duplex on a corner lot with separate garage stalls for each unit and updated kitchens and baths.
Where is this duplex located?
The property is located at 1103 North Division Street Appleton, WI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex with fully remodeled kitchens and baths in both units; Upper unit: 1 bed, 1 bath; lower unit: 2 beds, 1 bath; Separate garage stalls for each unit
