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Two-Unit Duplex with Updated Systems
For Sale
$159,900

119 E RICHMOND Street, Shawano, WI 54166

Both residences are occupied, with separate upper and lower layouts and shared laundry in the basement.

Property Size1,848 SF
Price / SF$86.53
Days on Market9

Property Features for 119 E RICHMOND Street

General Information

Standard status Active
Size 1,848 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,828

Amenities

coin-operated washer and dryer

Building Details

Building Size 1,848 SF
Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Lynn M. Johnson · License #91-6849
Source: C21ace
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 5 at 11:41PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1920, this 1,848-square-foot duplex is arranged as upper and lower residences, each with two bedrooms. The lower unit has one-and-a-half baths; the upper unit has one bath. A boiler heating system was installed in 2025 and comes with a warranty. Other recent work includes updated electrical service, replacement windows in the lower unit, and added insulation.

Both apartments are tenant occupied. A coin-operated washer and dryer are located in the basement, and the landlord pays all utilities. The property is at 119 E Richmond St in Shawano, near downtown, shopping, and dining.

Key Highlights

  • Two‑family duplex built in 1920; 1,848 square feet
  • Two bedrooms in each unit; lower unit has 1 1/2 baths and upper unit has 1 bath
  • Boiler heating system installed in 2025 with warranty

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Bakery Barber Shop Garden Center Cafe & Coffee Shop Electrical Service

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 54166, WI

16,892
Population
8,884
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
94%
High-School Grad
146.0 sq mi
ZIP Area
116
Density / Sq Mi
$64,643
Median Household Income
$36,831
Median Earnings
$787
Median Rent
$169,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Both residences are occupied, with separate upper and lower layouts and shared laundry in the basement.
Where is this duplex located?
The property is located at 119 E RICHMOND Street Shawano, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑family duplex built in 1920; 1,848 square feet; Two bedrooms in each unit; lower unit has 1 1/2 baths and upper unit has 1 bath; Boiler heating system installed in 2025 with warranty
More about this property
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