Mixed-Use Building with
For Sale
$674,900
1415 W KAMPS Avenue, Appleton, WI 54914
Residential Income, APPLETON, WI
Property Size4,223 SF
Lot Size0.34 Acres
Price / SF$159.82
Days on Market12
Property Features for 1415 W KAMPS Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Elementary school district
Appleton Area
Middle school district
Appleton Area
High school district
Appleton Area
Directions
Hwy 41 east on Wisconsin Ave to Gillett St north to Kamps east to property.
Standard status
Active
APN
315284100 & 315284101
Size
4,223 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3873
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1900
Number of units
10
Building materials
Stucco
Buildings
1
Listing Agency:
Century 21 Affiliated · Century 21 Real Estate
(920) 733-7800
Listed By:
Keith D. Sippel
(920) 750-7374
Added: Oct 12
Changed: Oct 23
Last Checked: Oct 23 at 8:06AM
MLS# 50334803
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.
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Investment Insights
Based on property information with market context.
This 8,446-square-foot mixed-use property combines ground-floor commercial space with four apartments on the upper level. The commercial area is divided into six rental spaces, though most are currently occupied by one tenant. The apartment mix includes two two-bedroom units and two one-bedroom units. The building dates to 1900 and has stucco construction with forced-air heating.
The property includes a 0.34-acre additional lot for parking. It is zoned Commercial and served by public water and public sewer.
The property includes a 0.34-acre additional lot for parking. It is zoned Commercial and served by public water and public sewer.
Key Highlights
- 8,446‑square‑foot building with six commercial rental spaces on the ground floor
- Four upper‑level apartments: two 2‑bedroom units and two 1‑bedroom units
- Most ground‑floor commercial space is currently used by one tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,758
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,160
$855.2K
Cap Rate 7%
$610,829
$610.8K
Cap Rate 9%
$475,089
$475.1K
Market Conditions
NOI Build-Up for 4,223 SF
Gross rent
$76.0K $18.00/SF
− Vacancy
−$7.6K −$1.80/SF
EGI
$68.4K $16.20/SF
− OpEx
−$25.7K −$6.07/SF
NOI
$42.8K $10.13/SF
Area
Outagamie County, WI
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,160
Cap Rate 7%
$610,829
Cap Rate 9%
$475,089
Alternative Uses
Best Use
Mixed Use
$610.8K
$534.5K – $712.6K
NOI $42,758 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$430.3K
$376.6K – $502.1K
NOI $30,124 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,504 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 54914, WI
31,082
Population
14,002
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
19.2 sq mi
ZIP Area
1,619
Density / Sq Mi
$77,199
Median Household Income
$42,481
Median Earnings
$936
Median Rent
$210,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space occupies the ground floor, with four residential units above and an additional lot designated for parking.
Where is this mixed-use property located?
The property is located at 1415 W KAMPS Avenue Appleton, WI.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: 8,446‑square‑foot building with six commercial rental spaces on the ground floor; Four upper‑level apartments: two 2‑bedroom units and two 1‑bedroom units; Most ground‑floor commercial space is currently used by one tenant
