Side-by-Side Ranch
For Sale
$450,000
1334 Honeysuckle Rd, Hartford, WI 53027
Two open-concept residences offer private garages, storage sheds, separate utilities, and a mix of vacant and tenant-occupied space.
Property Size2,178 SF
Price / SF$206.61
Days on Market48
Property Features for 1334 Honeysuckle Rd
General Information
Standard status
Active
Size
2,178 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
in-ground heating
split-system AC
storage shed
Building Details
Year Built
1982
Buildings
1
Construction
ranch
Listing Agency:
Allied Realty Group LLC
Listed By:
Joseph Schulteis · License #5889590
(262) 224-0092
Source:
Nikolicgroup
Added: Sep 8
Changed: Oct 7
Last Checked: Oct 7 at 5:05PM
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 Allied Realty Group LLC
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Investment Insights
Based on property information with market context.
Built in 1982, this 2,178-square-foot duplex features two side-by-side ranch-style residences with open-concept interiors. Each unit includes a one-car garage and a large storage shed, while in-ground heating and a living room split-system air conditioner serve the living areas. Separate utilities support distinct household operations.
One unit is vacant, and the other is occupied by a long-term tenant on a month-to-month lease. The property is located at 1334 Honeysuckle Rd in Hartford, Wisconsin, and combines two residential units with attached garage space and additional storage.
One unit is vacant, and the other is occupied by a long-term tenant on a month-to-month lease. The property is located at 1334 Honeysuckle Rd in Hartford, Wisconsin, and combines two residential units with attached garage space and additional storage.
Key Highlights
- 2,178 SF side‑by‑side ranch duplex
- Built in 1982
- Each unit includes a 1‑car garage and large storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,093
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,860
$461.9K
Cap Rate 7%
$329,900
$329.9K
Cap Rate 9%
$256,589
$256.6K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$35.3K $16.20/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$33.0K $15.15/SF
− OpEx
−$9.9K −$4.54/SF
NOI
$23.1K $10.60/SF
Area
Washington County, WI
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,860
Cap Rate 7%
$329,900
Cap Rate 9%
$256,589
Alternative Uses
Best Use
Multifamily LT 5
$329.9K
$288.7K – $384.9K
NOI $23,093 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$296.0K
$259.0K – $345.3K
NOI $20,718 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$598.8K
$523.9K – $698.6K
NOI $41,914 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
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Business Placement
Demographics for 53027, WI
23,254
Population
10,091
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
91.0 sq mi
ZIP Area
256
Density / Sq Mi
$85,708
Median Household Income
$50,853
Median Earnings
$1,113
Median Rent
$290,200
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 - Two open-concept residences offer private garages, storage sheds, separate utilities, and a mix of vacant and tenant-occupied space.
Where is this duplex located?
The property is located at 1334 Honeysuckle Rd Hartford, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,178 SF side‑by‑side ranch duplex; Built in 1982; Each unit includes a 1‑car garage and large storage shed
