Side-by-Side
For Sale
$309,900
1217 MEADOW Lane, Neenah, WI 54956
Residential Income, NEENAH, WI
Property Size1,952 SF
Lot Size0.25 Acres
Price / SF$158.76
Days on Market9
Property Features for 1217 MEADOW Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
1
Lot features
Sidewalk
Elementary school district
Neenah
Middle school district
Neenah
High school district
Neenah
Directions
Breezewood to Gillingham Rd to Left on Byrd Ave to Left on Meadow Ln to home on right
Standard status
Active
APN
06-1295-00-00
Size
1,952 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4103
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1972
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Fox Cities · Keller Williams Realty
(920) 903-9031
Listed By:
Travis J. Fonder · License #94-75054
(920) 470-2396
Added: Oct 6
Changed: Oct 14
Last Checked: Oct 14 at 4:06AM
MLS# 50333885
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 side-by-side duplex contains two matching residences, each with 2 bedrooms, 1 bathroom, and an attached 1-stall garage. The 1,952-square-foot building was constructed in 1972 and has vinyl siding, forced-air heat, public water, and public sewer. The 0.25-acre property is zoned 2 Family/Duplex.
Key Highlights
- Two matching units, each with 2 bedrooms and 1 bathroom
- Each unit includes an attached 1‑stall garage
- 1,952 square feet on a 0.25‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,171
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,420
$263.4K
Cap Rate 7%
$188,157
$188.2K
Cap Rate 9%
$146,344
$146.3K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$19.9K $10.20/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$18.8K $9.64/SF
− OpEx
−$5.6K −$2.89/SF
NOI
$13.2K $6.75/SF
Area
Winnebago County, WI
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,420
Cap Rate 7%
$188,157
Cap Rate 9%
$146,344
Alternative Uses
Best Use
Multifamily LT 5
$188.2K
$164.6K – $219.5K
NOI $13,171 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$169.6K
$148.4K – $197.9K
NOI $11,872 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$421.3K
$368.7K – $491.5K
NOI $29,492 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 54956, WI
46,316
Population
20,104
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
61.7 sq mi
ZIP Area
751
Density / Sq Mi
$81,386
Median Household Income
$49,445
Median Earnings
$1,005
Median Rent
$238,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have matching layouts, attached garages, and separate living spaces.
Where is this duplex located?
The property is located at 1217 MEADOW Lane Neenah, WI.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1 bathroom; Each unit includes an attached 1‑stall garage; 1,952 square feet on a 0.25‑acre lot
