Duplex with Detached
For Sale
$274,900
1415 N ERB Street, Appleton, WI 54911
Residential Income, APPLETON, WI
Property Size1,872 SF
Lot Size0.20 Acres
Price / SF$146.85
Days on Market8
Property Features for 1415 N ERB Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex,Resident
Parking
2
Elementary school district
Appleton Area
Middle school district
Appleton Area
High school district
Appleton Area
Directions
From Wisconsin Ave. to (N) on Erb St.
Standard status
Active
APN
316075800
Size
1,872 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2458
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1928
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
RE/MAX 24/7 Real Estate, LLC · RE/MAX International
(920) 734-0247
Listed By:
K.C. Maurer · License #90-24170
(920) 470-2100
Added: Sep 29
Changed: Oct 6
Last Checked: Oct 6 at 11:06PM
MLS# 50333515
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 duplex contains two units with a combined 1,872 square feet of living area on a 0.2-acre lot. A detached two-car garage provides additional parking and storage. The building dates to 1928 and has vinyl siding, forced-air heat, and central air conditioning.
Public water and sewer serve the property, which is zoned 2 Family/Duplex, Resident.
Public water and sewer serve the property, which is zoned 2 Family/Duplex, Resident.
Key Highlights
- Two‑unit duplex with 1,872 square feet of living area
- Detached two‑car garage
- 0.2‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,266
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,320
$285.3K
Cap Rate 7%
$203,800
$203.8K
Cap Rate 9%
$158,511
$158.5K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$21.3K $11.40/SF
− Vacancy
−$960 −$0.51/SF
EGI
$20.4K $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 Rate 5%
$285,320
Cap Rate 7%
$203,800
Cap Rate 9%
$158,511
Alternative Uses
Best Use
Multifamily LT 5
$203.8K
$178.3K – $237.8K
NOI $14,266 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$190.8K
$166.9K – $222.6K
NOI $13,354 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$516.1K
$451.6K – $602.2K
NOI $36,130 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The separate garage offers vehicle parking and storage for the two-unit property.
Where is this duplex located?
The property is located at 1415 N ERB Street Appleton, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,872 square feet of living area; Detached two‑car garage; 0.2‑acre lot
