Two-Unit
For Sale
$190,000
1126 Randall St, Beloit, WI 53511
Matching two-bedroom layouts provide separate kitchens, living areas, and one bathroom in each residence.
Property Size1,560 SF
Price / SF$121.79
Days on Market17
Property Features for 1126 Randall St
General Information
Standard status
Active
Size
1,560 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,160
Building Details
Buildings
1
Listing Agency:
Realty of America LLC
(708) 323-1560
Listed By:
Kong Xiong
Source:
Exprealty
Added: Aug 3
Changed: Aug 15
Last Checked: Aug 17 at 8:10PM
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 Realty of America LLC
Investment Insights
Based on property information with market context.
Located at 1126 Randall St in Beloit, WI, this duplex contains two residences with matching floor plans. Each unit includes two bedrooms, one bathroom, a functional kitchen, and a dedicated living area. The configuration supports separate occupancy within one property and offers a straightforward layout for residential use.
Exterior and support features include a detached two-car garage, a private backyard, and a full basement for additional storage and utility space. The property can accommodate an owner-occupant using one unit while renting the other, or residential use of both units as a two-unit holding.
Exterior and support features include a detached two-car garage, a private backyard, and a full basement for additional storage and utility space. The property can accommodate an owner-occupant using one unit while renting the other, or residential use of both units as a two-unit holding.
Key Highlights
- Two matching units, each with 2 bedrooms and 1 bathroom
- Functional kitchen and living area in each residence
- Detached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,391
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$287,820
$287.8K
Cap Rate 7%
$205,586
$205.6K
Cap Rate 9%
$159,900
$159.9K
Market Conditions
NOI Build-Up for 1,560 SF
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.
Gross rent
$21.5K $13.80/SF
− Vacancy
−$969 −$0.62/SF
EGI
$20.6K $13.18/SF
− OpEx
−$6.2K −$3.95/SF
NOI
$14.4K $9.23/SF
Area
Rock County, WI
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$287,820
Cap Rate 7%
$205,586
Cap Rate 9%
$159,900
Alternative Uses
Best Use
Multifamily LT 5
$205.6K
$179.9K – $239.9K
NOI $14,391 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$180.7K
$158.2K – $210.9K
NOI $12,652 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$374.9K
$328.0K – $437.4K
NOI $26,242 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 53511, WI
48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Matching two-bedroom layouts provide separate kitchens, living areas, and one bathroom in each residence.
Where is this duplex located?
The property is located at 1126 Randall St Beloit, WI.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1 bathroom; Functional kitchen and living area in each residence; Detached 2‑car garage
