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Upper/Lower Duplex with Detached Garage
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 Market679

Property Features for 801 S ERIE Street

General Information

Standard status Active
Size 1,726 SF
Total Parking Spaces 2
Property subtype Duplex

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
Source: C21ace
Added: Sep 24, 2024 Changed: Jul 30 Last Checked: Aug 2 at 12:07PM

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

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.

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 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 $24.2k $14.04
− Vacancy −$872 −$0.51
EGI $23.4k $13.53
− OpEx −$7.0k −$4.06
NOI $16.4k $9.47
1,726 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.6K
$204.4K – $272.5K (±1% cap)
NOI $16,352 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$215.8K
$188.8K – $251.8K (±1% cap)
NOI $15,107 @ 7.0% cap · market cap 5.21%
Theoretical Best
Warehouse
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $101,029 @ 7.0% cap · market cap 34.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service Real Estate Agency Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

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

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 - 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
More about this property
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