Updated Upper-Lower
For Sale
$299,900
134 DOTY Street, Kaukauna, WI 54130
Upper/lower duplex with remodeled kitchens and baths, central air, and separate garage plus a concrete pad for parking.
Property Size2,460 SF
Price / SF$121.91
Days on Market56
Property Features for 134 DOTY Street
General Information
Standard status
Active
Size
2,460 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,337
Building Details
Building Size
2,460 SF
Year Built
1880
Stories
2
Tenancy
Multi
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Tiffany L. Holtz · License #916849
(920) 415-0472
Source:
C21ace
Added: Jul 20
Changed: Sep 11
Last Checked: Sep 13 at 11:11AM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This updated upper/lower duplex offers two spacious, similarly configured units with two bedrooms and one bath each. Interior improvements include central air, furnaces, remodeled kitchens and baths, and refinished hardwood floors. Floor coverings have also been replaced. Exterior updates include new or updated siding and windows.
Located at 134 Doty Street in Kaukauna, WI, the property includes a separate large garage along with a concrete pad that provides additional parking. Tenant utility responsibility is split, with tenants paying electric and gas while the owner pays water.
Each unit features large living rooms and kitchens, supporting comfortable day-to-day living alongside rental income potential.
Located at 134 Doty Street in Kaukauna, WI, the property includes a separate large garage along with a concrete pad that provides additional parking. Tenant utility responsibility is split, with tenants paying electric and gas while the owner pays water.
Each unit features large living rooms and kitchens, supporting comfortable day-to-day living alongside rental income potential.
Key Highlights
- Upper/lower duplex built in 1880 with two 2‑bedroom, 1‑bath units
- Kitchens and baths remodeled, with hardwood floors refinished and additional flooring replaced
- Central air included, with furnaces updated
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,940
$374.9K
Cap Rate 7%
$267,814
$267.8K
Cap Rate 9%
$208,300
$208.3K
Market Conditions
NOI Build-Up for 2,460 SF
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.
Gross rent
$28.0K $11.40/SF
− Vacancy
−$1.3K −$0.51/SF
EGI
$26.8K $10.89/SF
− OpEx
−$8.0K −$3.27/SF
NOI
$18.7K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,940
Cap Rate 7%
$267,814
Cap Rate 9%
$208,300
Alternative Uses
Best Use
Multifamily LT 5
$267.8K
$234.3K – $312.5K
NOI $18,747 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,548 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$678.3K
$593.5K – $791.3K
NOI $47,478 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 54130, WI
27,473
Population
11,507
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
95%
High-School Grad
78.0 sq mi
ZIP Area
352
Density / Sq Mi
$86,364
Median Household Income
$50,128
Median Earnings
$969
Median Rent
$242,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Upper/lower duplex with remodeled kitchens and baths, central air, and separate garage plus a concrete pad for parking.
Where is this duplex located?
The property is located at 134 DOTY Street Kaukauna, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Upper/lower duplex built in 1880 with two 2‑bedroom, 1‑bath units; Kitchens and baths remodeled, with hardwood floors refinished and additional flooring replaced; Central air included, with furnaces updated
