Side-by-Side Duplex
For Sale
$400,000
118 Summit Court, Columbus, WI 53925
The layout pairs an open living, dining, and kitchen area with a four-season room and a finished lower-level recreation space.
Property Size2,450 SF
Price / SF$163.27
Days on Market124
Property Features for 118 Summit Court
General Information
Standard status
Active
Size
2,450 SF
Total Parking Spaces
2
Property subtype
Condo / Ranch-1 Story
Zoning
R-1
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,518
Amenities
Seller's personal property.
Refrigerator, Dishwasher, Oven/Range, Microwave, Washer, Dryer.
Forced air, Radiant, Central air
Wood or sim. wood floors, Walk-in closet(s), Great room, Vaulted ceiling, Washer, Dryer, Central vac
Vinyl, Brick, Stone
Gas
Private Entry, Patio, Patio-Covered/Enclosed, Four Season Room
Building Details
Year Built
2007
Listing Agency:
Compass Real Estate Wisconsin
Listed By:
Julie Fromm
(608) 279-0255
Source:
Compass
Added: Jul 6
Changed: Oct 31
Last Checked: Nov 4 at 2:58PM
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 Compass Real Estate Wisconsin
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Investment Insights
Based on property information with market context.
This side-by-side duplex condo was built in 2007 and has a private entrance, patio, and covered or enclosed patio area. Inside, the open living, dining, and kitchen spaces include a gas fireplace, while a four-season room adds a separate area for year-round use. The finished lower level contains a recreation area. Wood or simulated wood flooring, a vaulted ceiling, walk-in closet, and central vacuum are among the interior features.
The property includes an attached two-car garage. Heating is provided by forced air and radiant systems, with central air conditioning. Kitchen appliances include a refrigerator, dishwasher, oven/range, and microwave; a washer and dryer are also included. Exterior materials include vinyl, brick, and stone. The zoning is R-1.
The property includes an attached two-car garage. Heating is provided by forced air and radiant systems, with central air conditioning. Kitchen appliances include a refrigerator, dishwasher, oven/range, and microwave; a washer and dryer are also included. Exterior materials include vinyl, brick, and stone. The zoning is R-1.
Key Highlights
- Side‑by‑side duplex condo with private entry
- Built in 2007; zoned R‑1
- Gas fireplace and four‑season room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,559
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,180
$391.2K
Cap Rate 7%
$279,414
$279.4K
Cap Rate 9%
$217,322
$217.3K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$37.6K $15.36/SF
− Vacancy
−$2.1K −$0.84/SF
EGI
$35.6K $14.52/SF
− OpEx
−$16.0K −$6.53/SF
NOI
$19.6K $7.98/SF
Area
Columbia County, WI
Vacancy
5.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,180
Cap Rate 7%
$279,414
Cap Rate 9%
$217,322
Alternative Uses
Best Use
Apartment 5plus
$279.4K
$244.5K – $326.0K
NOI $19,559 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$550.4K
$481.6K – $642.2K
NOI $38,529 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
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Business Placement
Demographics for 53925, WI
8,523
Population
3,766
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
95%
High-School Grad
127.1 sq mi
ZIP Area
67
Density / Sq Mi
$86,667
Median Household Income
$54,281
Median Earnings
$852
Median Rent
$258,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The layout pairs an open living, dining, and kitchen area with a four-season room and a finished lower-level recreation space.
Where is this residential income property located?
The property is located at 118 Summit Court Columbus, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Side‑by‑side duplex condo with private entry; Built in 2007; zoned R‑1; Gas fireplace and four‑season room
