College Duplex with Full
119 14th Street North Unit 123 La Crosse, WI 54601
119 14th Street North Unit 123, La Crosse, WI, 54601
$324,000
For Sale
$324,000
Leased college duplex near UWL campus with full basement laundry room and tenants paying all utilities.
Property Size2,332 SF
Price / SF$138.94
Days on Market56
Property Features for 119 14th Street North Unit 123
General Information
- Standard status
- Active
- Size
- 2,332 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1894
Listing agency
Hamilton Realty
(608) 792-3712
Listed by
Rick Hamilton · License #38785-90
(608) 792-3712
Source
Compass
Added: May 28 Updated: Jul 21 at 10:54AM Checked: Jul 22 at 9:31AM
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 Hamilton Realty
Investment Insights
Based on property information with market context.
This leased duplex is configured with a bedroom and a large attached room in each unit. The property includes a full basement with a dedicated laundry room. There are two one-car garages, with the detached garage used to store owner equipment that is not included.
Rents are $2,700 per month to one group for the upcoming school year. The duplex is only one block to the UWL campus. Tenants pay all utilities.
Major mechanical and weather-related items listed include a roof, furnace, and water heaters, each approximately a dozen years old.
Rents are $2,700 per month to one group for the upcoming school year. The duplex is only one block to the UWL campus. Tenants pay all utilities.
Major mechanical and weather-related items listed include a roof, furnace, and water heaters, each approximately a dozen years old.
Key Highlights
- $2,700/month rent leased for the upcoming school year (one group) for this college duplex rental
- One block to UWL campus
- Full basement with laundry room
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 | $32.2k | $13.80 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $30.1k | $12.90 |
| − OpEx | −$9.0k | −$3.87 |
| NOI | $21.1k | $9.03 |
2,332 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$300.9K
$263.3K – $351.1K
NOI $21,063 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$270.8K
$236.9K – $315.9K
NOI $18,953 @ 7.0% cap · market cap 5.85%
Theoretical Best
Specialty Retail
$510.0K
$446.3K – $595.0K
NOI $35,701 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Leased college duplex near UWL campus with full basement laundry room and tenants paying all utilities.
Where is this duplex located?
The property is located at 119 14th Street North Unit 123 La Crosse, WI.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: $2,700/month rent leased for the upcoming school year (one group) for this college duplex rental; One block to UWL campus; Full basement with laundry room
