Upper-and-Lower Duplex with
For Sale
$250,000
140 W FACTORY Street, Seymour, WI 54165
Two residential units offer distinct layouts, with dedicated laundry facilities on both levels.
Property Size1,879 SF
Price / SF$133.05
Days on Market17
Property Features for 140 W FACTORY Street
General Information
Standard status
Active
Size
1,879 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,140
Building Details
Building Size
1,879 SF
Year Built
1880
Buildings
1
Listing Agency:
Keller Williams Green Bay
(920) 655-8845
Listed By:
Terry L. Allen · License #91-937525
(920) 655-8845
Source:
C21ace
Added: Aug 14
Changed: Aug 30
Last Checked: Aug 26 at 8:26AM
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.
Located at 140 W Factory St in Seymour, this 1,879-square-foot duplex was built in 1880 and contains two separate residential units. The main-level residence includes 3 bedrooms, 2 baths, a spacious layout, and private laundry. The upper unit provides a 1-bedroom, 1-bath configuration with its own laundry facilities and a long-term tenant. The main level is currently owner-occupied.
Recent property updates include the roof (20), furnace (21), and two water heaters (19/20). The property is near local parks, schools, dining options, and the Newton Blackmour State Trail.
Recent property updates include the roof (20), furnace (21), and two water heaters (19/20). The property is near local parks, schools, dining options, and the Newton Blackmour State Trail.
Key Highlights
- 1,879‑square‑foot duplex built in 1880
- Main‑level 3‑bedroom, 2‑bath unit with private laundry
- Upper 1‑bedroom, 1‑bath unit with separate laundry
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
$14,320
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
5.73%
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%
$286,400
$286.4K
Cap Rate 7%
$204,571
$204.6K
Cap Rate 9%
$159,111
$159.1K
Market Conditions
NOI Build-Up for 1,879 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
$21.4K $11.40/SF
− Vacancy
−$964 −$0.51/SF
EGI
$20.5K $10.89/SF
− OpEx
−$6.1K −$3.27/SF
NOI
$14.3K $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%
$286,400
Cap Rate 7%
$204,571
Cap Rate 9%
$159,111
Alternative Uses
Best Use
Multifamily LT 5
$204.6K
$179.0K – $238.7K
NOI $14,320 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$191.5K
$167.5K – $223.4K
NOI $13,403 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$518.1K
$453.3K – $604.4K
NOI $36,265 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 54165, WI
7,877
Population
3,002
Households
2.6
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
100.0 sq mi
ZIP Area
79
Density / Sq Mi
$88,135
Median Household Income
$51,846
Median Earnings
$937
Median Rent
$232,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct layouts, with dedicated laundry facilities on both levels.
Where is this duplex located?
The property is located at 140 W FACTORY Street Seymour, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,879‑square‑foot duplex built in 1880; Main‑level 3‑bedroom, 2‑bath unit with private laundry; Upper 1‑bedroom, 1‑bath unit with separate laundry
