Duplex with Separate
New
For Sale
$250,000
140 W FACTORY Street, Seymour, WI 54165
MULTI_FAMILY - SEYMOUR, WI
Property Size1,879 SF
Lot Size0.17 Acres
Price / SF$133.05
Days on Market1
Property Features for 140 W FACTORY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Lot features
Sidewalk
Elementary school district
Seymour Community
Middle school district
Seymour Community
High school district
Seymour Community
Directions
Hwy 54 to North on Main Street, West on Factory
Standard status
Active
APN
340021800
Size
1,879 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2140
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1880
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Green Bay · Keller Williams Realty
(920) 632-7702
Listed By:
Terry L. Allen · License #9058668
(920) 655-8845
Added: Aug 14
Last Checked: Aug 14 at 7:06PM
MLS# 50331032
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This upper-and-lower duplex contains 1,879 square feet on a 0.17-acre lot and was built in 1880. The main residence offers three bedrooms and one bathroom with dedicated laundry, while the upper apartment provides one bedroom, one bathroom, and its own laundry area. The property has vinyl siding, forced-air heating, central air, public water, and public sewer, with zoning designated 2 Family/Duplex.
Recent property improvements include a roof updated in 20, a furnace updated in 21, and two water heaters updated in 19/20. The property is located at 140 W FACTORY Street in Seymour, near local parks, schools, dining options, and the Newton Blackmour State Trail.
Recent property improvements include a roof updated in 20, a furnace updated in 21, and two water heaters updated in 19/20. The property is located at 140 W FACTORY Street in Seymour, near local parks, schools, dining options, and the Newton Blackmour State Trail.
Key Highlights
- Two‑unit upper‑and‑lower duplex with 3‑bedroom and 1‑bedroom residences
- 1,879 square feet on a 0.17‑acre lot
- Each unit has its own laundry facilities
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
180
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 include three- and one-bedroom layouts, private laundry, and public utilities.
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: Two‑unit upper‑and‑lower duplex with 3‑bedroom and 1‑bedroom residences; 1,879 square feet on a 0.17‑acre lot; Each unit has its own laundry facilities
