Search
Two-Story Duplex
New
For Sale
$250,000

1412 N Durkee St, Appleton, WI 54911

The lower residence is vacant, while the upper unit has a tenant in place.

Property Size1,680 SF
Lot Size0.18 Acres
Price / SF$148.81
Days on Market6

Property Features for 1412 N Durkee St

General Information

Standard status Active
Size 1,680 SF
Lot size 0.18 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1908
Buildings 1
Stories 2
Listed By: Tiffany Holtz | Coldwell Banker
Source: Tiffanyholtz
Added: Oct 1 Last Checked: Oct 5 at 6:31PM

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 Tiffany Holtz | Coldwell Banker

Investment Insights

Based on property information with market context.

This 1,680-square-foot duplex is a two-story home with vinyl siding, built in 1908 on a 0.18-acre lot. The lower unit is vacant, and the upper unit is tenant-occupied. The second floor has been updated, and electrical work is in place for a future dishwasher installation.

Basement repairs have also been completed. The property is in Appleton, with schools, parks, and downtown amenities nearby.

Key Highlights

  • Two‑unit residential property with 1,680 square feet
  • 0.18‑acre lot
  • Built in 1908 with vinyl siding

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,803
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,060 $256.1K
Cap Rate 7%
$182,900 $182.9K
Cap Rate 9%
$142,256 $142.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$19.2K $11.40/SF
− Vacancy
−$862 −$0.51/SF
EGI
$18.3K $10.89/SF
− OpEx
−$5.5K −$3.27/SF
NOI
$12.8K $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 Rate 5%
$256,060
Cap Rate 7%
$182,900
Cap Rate 9%
$142,256

Alternative Uses

Best Use
Multifamily LT 5
$182.9K
$160.0K – $213.4K (±1% cap)
NOI $12,803 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$171.2K
$149.8K – $199.7K (±1% cap)
NOI $11,984 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$463.2K
$405.3K – $540.4K (±1% cap)
NOI $32,424 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Grocery & Convenience Store Storage Facility Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 54911, WI

26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - The lower residence is vacant, while the upper unit has a tenant in place.
Where is this duplex located?
The property is located at 1412 N Durkee St Appleton, 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 residential property with 1,680 square feet; 0.18‑acre lot; Built in 1908 with vinyl siding
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again