Duplex Residential Income
11525 Harmony Ln, Arbor Vitae, WI 54568
New
Two bi-level rental units with separate entrances, in-unit laundry, and a detached 5-car garage for added storage.
Type:Multifamily
Property size:
3,312 SFPrice / SF:
$113/SF- Added:
- Jun 20, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 24 at 4:53 am
Property Features for 11525 Harmony Ln
General Information
- Standard status
- Active
- Size
- 3,312 SF
- Property subtype
- Multifamily
Listing office Redman Realty Group, LLC
Listing date Jun 20, 2026
Source Crexi
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 Redman Realty Group, LLC
HighLights
- Currently operating as a duplex with two mirrored bi‑level rental units
- Each unit offers 2 bedrooms, 2 full baths, spacious living areas, and in‑unit laundry
- Separate entrances for both units
- Detached 5‑car garage adds storage and parking capacity
- Level parcel with a mix of open lawn and wooded privacy
Overview
This property is currently operated as a duplex with two mirrored bi-level rental units. Each unit includes 2 bedrooms and 2 full bathrooms, spacious living areas, and in-unit laundry. Separate entrances support independent access for residents, while recent updates and attractive finishes help maintain a ready-to-rent appearance.
Set on a level parcel, the property includes a mix of open lawn and wooded privacy. A detached 5-car garage provides additional parking and storage capacity beyond the main living areas. The home is described as conveniently located near major amenities, employment centers, lakes, and year-round recreational destinations in the Northwoods area.
For investors or operators, the duplex configuration offers flexibility as a rental housing setup for tenants who value separate entries and in-unit laundry. The detached garage adds practical utility for resident use and day-to-day operations, and the overall layout can also support workforce housing or employee accommodations where independent unit access is important. Tenant-paid utilities are noted as a cost-control feature, and the property’s condition and updates are intended to support straightforward management as-is or through future repositioning.
Set on a level parcel, the property includes a mix of open lawn and wooded privacy. A detached 5-car garage provides additional parking and storage capacity beyond the main living areas. The home is described as conveniently located near major amenities, employment centers, lakes, and year-round recreational destinations in the Northwoods area.
For investors or operators, the duplex configuration offers flexibility as a rental housing setup for tenants who value separate entries and in-unit laundry. The detached garage adds practical utility for resident use and day-to-day operations, and the overall layout can also support workforce housing or employee accommodations where independent unit access is important. Tenant-paid utilities are noted as a cost-control feature, and the property’s condition and updates are intended to support straightforward management as-is or through future repositioning.
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 | $33.8k | $10.20 |
| − Vacancy | −$6.2k | −$1.88 |
| EGI | $27.6k | $8.32 |
| − OpEx | −$8.3k | −$2.50 |
| NOI | $19.3k | $5.83 |
3,312 SF · lease $10.20/SF/yr · vacancy 18.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.7K
$241.2K – $321.6K
NOI $19,297 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 4.84%
Theoretical Best
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,512 @ 7.0% cap · market cap 28.94%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Arbor Vitae
- County
- Oneida
- State
- Wisconsin
- Longitude
- -89.7231975
- Latitude
- 45.9160992
FAQs
What type of property is this?
Duplex - Two bi-level rental units with separate entrances, in-unit laundry, and a detached 5-car garage for added storage.
Where is this duplex located?
The property is located at 11525 Harmony Ln Arbor Vitae, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Currently operating as a duplex with two mirrored bi‑level rental units; Each unit offers 2 bedrooms, 2 full baths, spacious living areas, and in‑unit laundry; Separate entrances for both units
