Upper-Lower Duplex
142 North Main Street Kimberly, WI 54136
142 North Main Street, Kimberly, WI, 54136
$238,900
For Sale
$238,900
Well-maintained duplex with functional upper and lower units, suited for rental income or owner-occupancy.
Property Size1,984 SF
Price / SF$120.41
Days on Market52
Property Features for 142 North Main Street
General Information
- Standard status
- Active
- Size
- 1,984 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1900
Listing agency
Keller Williams Fox Cities
(920) 850-7951
Listed by
Hollan Miller · License #94-90615
(920) 850-7951
Source
Compass
Added: Jun 1 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 8:14AM
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 Keller Williams Fox Cities
Investment Insights
Based on property information with market context.
This well-maintained upper/lower duplex offers two separate residential units with functional layouts designed to support everyday living. Each unit is described as having comfortable living spaces and ample natural light, creating straightforward, tenant-friendly interiors for a range of rental needs. The property is presented as a residential income asset, with the flexibility to rent both units or live in one while leasing the other.
The duplex is located in Kimberly and positioned near schools, parks, shopping, and local amenities, supporting day-to-day convenience for tenants. The listing notes small-town accessibility to common services, which can help simplify the tenant experience and day-to-day routines.
For investors, this configuration provides a clear two-unit structure within a single property, supporting a straightforward approach to residential rental ownership. For owner-occupants, the upper/lower arrangement offers the option to offset housing costs by renting the second unit. As described, the combination of maintained condition, practical unit layouts, and amenity proximity makes this duplex a workable fit for buyers seeking a modest residential income property in Kimberly.
The duplex is located in Kimberly and positioned near schools, parks, shopping, and local amenities, supporting day-to-day convenience for tenants. The listing notes small-town accessibility to common services, which can help simplify the tenant experience and day-to-day routines.
For investors, this configuration provides a clear two-unit structure within a single property, supporting a straightforward approach to residential rental ownership. For owner-occupants, the upper/lower arrangement offers the option to offset housing costs by renting the second unit. As described, the combination of maintained condition, practical unit layouts, and amenity proximity makes this duplex a workable fit for buyers seeking a modest residential income property in Kimberly.
Key Highlights
- Upper/lower duplex with a well‑maintained layout for rental income or owner‑occupancy
- 1.5‑story building with vinyl siding and a stone foundation
- Forced‑air natural gas heating and 2 water heaters
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
NOI $15,120 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$202.2K
$176.9K – $235.9K
NOI $14,152 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$547.0K
$478.6K – $638.2K
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
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with functional upper and lower units, suited for rental income or owner-occupancy.
Where is this duplex located?
The property is located at 142 North 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: Upper/lower duplex with a well‑maintained layout for rental income or owner‑occupancy; 1.5‑story building with vinyl siding and a stone foundation; Forced‑air natural gas heating and 2 water heaters
