Side-by-Side Duplex with
1394 O Keefe Road De Pere, WI 54115
1394 O Keefe Road, De Pere, WI, 54115
$550,000
For Sale
$550,000
Well-maintained side-by-side duplex features two 3-bedroom units, each with 1.5 baths and an attached 2-car garage.
Property Size3,751 SF
Price / SF$146.63
Days on Market90
Property Features for 1394 O Keefe Road
General Information
- Standard status
- Active
- Size
- 3,751 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1997
Listing agency
Fathom Realty, LLC
(920) 265-0862
Listed by
Leonel Cortes · License #94-93315
(920) 265-0862
Source
Compass
Added: Apr 23 Updated: Jul 21 at 2:47PM Checked: Jul 21 at 2:47PM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained side-by-side duplex offers two separate units with functional floor plans. Each unit includes 3 bedrooms and 1.5 baths, with large living areas and abundant natural light. Both units also feature an attached 2-car garage. The lower level includes additional finished recreation space with finished walls and flooring; the ceiling is open with exposed joists. Separate utilities are provided for each unit.
The property is located in the Ledgeview area with convenient access to Downtown De Pere, Kwik Trip, shopping, and dining. The owner-occupant unit at 1496 will be out.
The seller prefers a fast close, and please allow for 48-hour binding acceptance.
The property is located in the Ledgeview area with convenient access to Downtown De Pere, Kwik Trip, shopping, and dining. The owner-occupant unit at 1496 will be out.
The seller prefers a fast close, and please allow for 48-hour binding acceptance.
Key Highlights
- Well‑maintained side‑by‑side duplex built in 1997 with vinyl siding and poured concrete foundation
- Two 3‑bedroom units, each with 1.5 baths and attached 2‑car garage
- Finished lower level rec space for each unit with finished walls and flooring; exposed joists on open ceiling
Local 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 | $52.7k | $14.04 |
| − Vacancy | −$1.9k | −$0.51 |
| EGI | $50.8k | $13.53 |
| − OpEx | −$15.2k | −$4.06 |
| NOI | $35.5k | $9.47 |
3,751 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$507.7K
$444.2K – $592.3K
NOI $35,538 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$469.0K
$410.4K – $547.2K
NOI $32,831 @ 7.0% cap · market cap 5.97%
Theoretical Best
Warehouse
$3.14M
$2.74M – $3.66M
NOI $219,560 @ 7.0% cap · market cap 39.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained side-by-side duplex features two 3-bedroom units, each with 1.5 baths and an attached 2-car garage.
Where is this duplex located?
The property is located at 1394 O Keefe Road De Pere, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1997 with vinyl siding and poured concrete foundation; Two 3‑bedroom units, each with 1.5 baths and attached 2‑car garage; Finished lower level rec space for each unit with finished walls and flooring; exposed joists on open ceiling
