Upper/Lower Duplex with Detached
For Sale
$289,900
801 S ERIE Street, De Pere, WI 54115
Upper/lower duplex on a corner lot with large porch, separate entrances, and a two-stall detached garage.
Property Size1,726 SF
Price / SF$167.96
Days on Market772
Property Features for 801 S ERIE Street
General Information
Standard status
Active
Size
1,726 SF
Total Parking Spaces
2
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,205
Building Details
Building Size
1,726 SF
Year Built
1900
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Green Bay
Listed By:
Maria G. Arriaga · License #91-937525
(920) 471-3834
Source:
C21ace
Added: Sep 24, 2024
Changed: Nov 4
Last Checked: Nov 3 at 1:43PM
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 Keller Williams Green Bay
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Investment Insights
Based on property information with market context.
This upper/lower duplex at 801 S ERIE Street in De Pere offers two separate living levels with a practical split for everyday use. The lower level includes first-floor laundry, a spacious eat-in kitchen, and spacious bedrooms. The upper level features an eat-in kitchen and a bedroom with a bath. Both levels have separate entrances, and the home also includes a large porch.
The property sits on a corner lot and includes a 2-stall detached garage. Utilities are set up with heat/electric on separate meters, while water is not separated.
Built in 1900, the duplex contains 1,726 SF of building area and includes the exterior features that support tenant convenience and curb appeal.
The property sits on a corner lot and includes a 2-stall detached garage. Utilities are set up with heat/electric on separate meters, while water is not separated.
Built in 1900, the duplex contains 1,726 SF of building area and includes the exterior features that support tenant convenience and curb appeal.
Key Highlights
- Upper and lower levels have separate entrances
- Heat/electric on separate meters; water not separated
- Lower level includes first‑floor laundry and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,352
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,040
$327.0K
Cap Rate 7%
$233,600
$233.6K
Cap Rate 9%
$181,689
$181.7K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$24.2K $14.04/SF
− Vacancy
−$872 −$0.51/SF
EGI
$23.4K $13.53/SF
− OpEx
−$7.0K −$4.06/SF
NOI
$16.4K $9.47/SF
Area
Brown County, WI
Vacancy
3.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,040
Cap Rate 7%
$233,600
Cap Rate 9%
$181,689
Alternative Uses
Best Use
Multifamily LT 5
$233.6K
$204.4K – $272.5K
NOI $16,352 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$215.8K
$188.8K – $251.8K
NOI $15,107 @ 7.0% cap · market cap 5.21%
Theoretical Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $101,029 @ 7.0% cap · market cap 34.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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Business Placement
Demographics for 54115, WI
48,710
Population
20,415
Households
2.4
Avg Household Size
37
Median Age
40%
College-Educated
96%
High-School Grad
124.0 sq mi
ZIP Area
393
Density / Sq Mi
$92,023
Median Household Income
$46,843
Median Earnings
$1,071
Median Rent
$307,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Upper/lower duplex on a corner lot with large porch, separate entrances, and a two-stall detached garage.
Where is this duplex located?
The property is located at 801 S ERIE Street De Pere, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Upper and lower levels have separate entrances; Heat/electric on separate meters; water not separated; Lower level includes first‑floor laundry and eat‑in kitchen
