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Duplex Investment Property Opportunity

142 N MAIN Street Kimberly, WI 54136

142 N MAIN Street, Kimberly, WI, 54136
$238,900
For Sale
$238,900

MULTI_FAMILY - KIMBERLY, WI

Property Size1,984 SF
Lot Size0.18 Acres
Price / SF$120.41
Days on Market48

Property Features for 142 N MAIN Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Standard status
Active
APN
25-0-0013-00
Size
1,984 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
VILLAGE PLAT LOT 10 BLK 0 #1731798 & #1822719
Tax Annual Amount
3503

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1900
Number of units
2
Building materials
Vinyl Siding
Listing Agency Keller Williams Fox Cities
517 N Westhill Blvd, Appleton, WI
Listed by Hollan Miller · License #9490615
Added: Jun 1 Checked: Jul 18 at 9:06 am
MLS# 50326604 Listing URL

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 well-maintained upper/lower duplex provides two separate residential units within a single property. The layout is designed for comfortable living with functional room arrangements and ample natural light in each unit. As a duplex, the property supports rental income from both sides while also offering flexibility for an owner-occupant who may choose to live in one unit and rent the other.

The property is located on N Main Street in Kimberly, WI, within a convenient area near schools, parks, shopping, and local amenities. This setting supports tenant appeal by placing daily necessities within reach.

For investors, the duplex format can be an effective way to diversify rental income across two units rather than relying on a single residence. For buyers considering house-hacking or partial owner occupancy, the upper/lower configuration offers practical options to offset housing costs through rental revenue. Overall, the property is positioned as a solid addition for those looking to grow or balance a small rental portfolio in a convenient community location.

Key Highlights

  • Duplex with upper/lower unit layout
  • Public water and public sewer service
  • Forced‑air heating

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $22.6k $11.40
− Vacancy −$1.0k −$0.51
EGI $21.6k $10.89
− OpEx −$6.5k −$3.27
NOI $15.1k $7.62
1,984 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$216.0K
$189.0K – $252.0K (±1% cap)
NOI $15,120 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$202.2K
$176.9K – $235.9K (±1% cap)
NOI $14,152 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$547.0K
$478.6K – $638.2K (±1% cap)
NOI $38,291 @ 7.0% cap · market cap 16.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hair Salon HVAC Service Nail Salon Electrical Service Bakery Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained upper/lower duplex in Kimberly, offering flexible rental options near everyday conveniences.
Where is this duplex located?
The property is located at 142 N MAIN Street Kimberly, WI.
What is the asking price?
The asking price for this property is $238,900.
What are key features of this property?
This property features: Duplex with upper/lower unit layout; Public water and public sewer service; Forced‑air heating
Contact an agent
More about this property
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