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Updated Duplex with 4 Seasons Room
New
For Sale
$239,000

120 E PACIFIC Street, Appleton, WI 54911

MULTI_FAMILY - APPLETON, WI

Property Size2,240 SF
Lot Size0.17 Acres
Price / SF$106.70
Days on Market3

Property Features for 120 E PACIFIC Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex
Elementary school district Appleton Area
Middle school district Appleton Area
High school district Appleton Area
Directions From College Ave, N on Morrison St, W on Pacific St. Property on Right.
Standard status Active
APN 312074600
Size 2,240 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3206

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Shake Siding
Listing Agency: Keller Williams Green Bay · Keller Williams Realty
Listed By: Curtis J. Stark · License #94-78269
Added: Jul 29 Changed: Jul 31 Last Checked: Jul 31 at 1:06AM
MLS# 50330070

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This updated duplex offers two separate residential units with a shared vestibule and two access points for each unit. The main level features high ceilings, hardwood floors, a 4 seasons room, and laundry in the basement. The upper unit includes an open floor plan, an upper laundry area with a washer and dryer included, and access through the shared vestibule. The property also includes a garage that can be used for additional tenant or landlord storage.

Updates reported by the previous seller include a roof replacement in 2021, new cabinets and countertops in the upper unit, fresh paint in both units, and other improvements. The home is supported by public water and public sewer, with forced-air heating. Construction materials include shake siding, and the building was constructed in 1900.

The lot size is 0.17 acres and the property totals 2,240 square feet. The duplex is located within walking distance to Downtown Appleton in Outagamie County.

Key Highlights

  • 0.17‑acre lot with 2,240 total square feet
  • Main level with high ceilings, hardwood floors, and a 4 seasons room
  • Roof replaced in 2021

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 $25.5k $11.40
− Vacancy −$1.1k −$0.51
EGI $24.4k $10.89
− OpEx −$7.3k −$3.27
NOI $17.1k $7.62
2,240 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$243.9K
$213.4K – $284.5K (±1% cap)
NOI $17,071 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$228.3K
$199.7K – $266.3K (±1% cap)
NOI $15,979 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$617.6K
$540.4K – $720.5K (±1% cap)
NOI $43,232 @ 7.0% cap · market cap 18.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store Food Market Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby

Demographics for 54911, WI

26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit duplex with public utilities, forced-air heat, and a main-level 4 seasons room.
Where is this duplex located?
The property is located at 120 E PACIFIC Street Appleton, WI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 0.17‑acre lot with 2,240 total square feet; Main level with high ceilings, hardwood floors, and a 4 seasons room; Roof replaced in 2021
More about this property
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