Two-Unit Duplex with
For Sale
$179,900
1413 Carl Ave, Sheboygan, WI 53081
Well-maintained duplex with two two-bedroom units, kitchen appliances, and off-street parking.
Property Size1,536 SF
Price / SF$117.12
Days on Market70
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 1413 Carl Ave
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Multi-Family
Building Details
Year Built
1910
Listing Agency:
The Kramer Group LLC
Listed By:
Cory Kramer
(920) 226-1167
Source:
Nikolicgroup
Added: Aug 7
Changed: Oct 2
Last Checked: Oct 7 at 5:20PM
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 The Kramer Group LLC
Investment Insights
Based on property information with market context.
This 1,536-square-foot duplex contains two residential units, with a two-bedroom apartment on the main level and another two-bedroom apartment upstairs. Both units are equipped with ranges and refrigerators. The property is described as well maintained and includes off-street parking.
Located at 1413 Carl Ave in Sheboygan, the duplex is positioned near local amenities. Its two-unit layout and existing appliances provide a straightforward configuration for residential income ownership.
Located at 1413 Carl Ave in Sheboygan, the duplex is positioned near local amenities. Its two-unit layout and existing appliances provide a straightforward configuration for residential income ownership.
Key Highlights
- 1,536‑square‑foot duplex with two residential units
- Two‑bedroom main‑level unit and two‑bedroom upper‑level unit
- Ranges and refrigerators included in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,938
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,760
$258.8K
Cap Rate 7%
$184,829
$184.8K
Cap Rate 9%
$143,756
$143.8K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$19.4K $12.60/SF
− Vacancy
−$871 −$0.57/SF
EGI
$18.5K $12.03/SF
− OpEx
−$5.5K −$3.61/SF
NOI
$12.9K $8.42/SF
Area
Sheboygan County, WI
Vacancy
4.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,760
Cap Rate 7%
$184,829
Cap Rate 9%
$143,756
Alternative Uses
Best Use
Multifamily LT 5
$184.8K
$161.7K – $215.6K
NOI $12,938 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$171.9K
$150.4K – $200.6K
NOI $12,033 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$334.8K
$292.9K – $390.6K
NOI $23,433 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 53081, WI
43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two two-bedroom units, kitchen appliances, and off-street parking.
Where is this duplex located?
The property is located at 1413 Carl Ave Sheboygan, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1,536‑square‑foot duplex with two residential units; Two‑bedroom main‑level unit and two‑bedroom upper‑level unit; Ranges and refrigerators included in both units
