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Side-by-Side Duplex with Garage
New
For Sale
$250,000

1125 Mcdonald St, Oconto, WI 54153

Separate driveways serve the remodeled one-bedroom apartment and the larger owner’s unit.

Property Size2,180 SF
Price / SF$114.68
Days on Market2

Property Features for 1125 Mcdonald St

General Information

Standard status Active
Size 2,180 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: Renard Realty
Listed By: Shane Renard - Principal Broker Owner · License #9057962
Source: Renardrealtygroup
Added: Oct 7 Last Checked: Oct 7 at 2:17PM

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

Investment Insights

Based on property information with market context.

This side-by-side duplex contains 2,180 square feet across two distinct residences. The larger unit has a family room, living room, eat-in kitchen, first-floor laundry, and two to three upper-level bedrooms. Its oversized two-car garage serves this side of the property. The remodeled one-bedroom unit includes a kitchen, living room, in-unit laundry, and an enclosed porch, with a separate driveway.

The property sits on a generous yard with a fire pit. It was built in 1900, with a remodel date of 1975.

Key Highlights

  • 2,180‑square‑foot side‑by‑side duplex
  • Larger residence has 2–3 upper bedrooms and an oversized 2‑car garage
  • Remodeled apartment offers 1 bedroom, in‑unit laundry, and an enclosed porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,035
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,700 $380.7K
Cap Rate 7%
$271,929 $271.9K
Cap Rate 9%
$211,500 $211.5K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$28.8K $13.20/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$27.2K $12.47/SF
− OpEx
−$8.2K −$3.74/SF
NOI
$19.0K $8.73/SF
Area
Oconto County, WI
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,700
Cap Rate 7%
$271,929
Cap Rate 9%
$211,500

Alternative Uses

Best Use
Multifamily LT 5
$271.9K
$237.9K – $317.3K (±1% cap)
NOI $19,035 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$253.3K
$221.7K – $295.5K (±1% cap)
NOI $17,732 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$508.3K
$444.7K – $593.0K (±1% cap)
NOI $35,578 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Law Firm Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 54153, WI

7,323
Population
3,540
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
93%
High-School Grad
101.6 sq mi
ZIP Area
72
Density / Sq Mi
$69,485
Median Household Income
$40,625
Median Earnings
$810
Median Rent
$165,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate driveways serve the remodeled one-bedroom apartment and the larger owner’s unit.
Where is this duplex located?
The property is located at 1125 Mcdonald St Oconto, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,180‑square‑foot side‑by‑side duplex; Larger residence has 2–3 upper bedrooms and an oversized 2‑car garage; Remodeled apartment offers 1 bedroom, in‑unit laundry, and an enclosed porch
More about this property
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