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Four-Unit Quadplex

151 W GLENBROOK Drive, Pulaski, WI 54162

For Sale
$324,900

Leased residential income property with private basement storage, outdoor parking, and individual kitchen appliances.

Property Size2,394 SF
Price / SF$135.71
Days on Market53

Property Features for 151 W GLENBROOK Drive

General Information

Standard status Active
Size 2,394 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,248

Building Details

Building Size 2,394 SF
Year Built 1979
Buildings 1
Listing Agency: Trimberger Realty, LLC
Listed By: Charity L. Bayer · License WI 91-937701
Source: C21ace
Added: Sep 18 Changed: Oct 31 Last Checked: Nov 8 at 4:04PM

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 Trimberger Realty, LLC

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Investment Insights

Based on property information with market context.

This 2,394-square-foot quadplex was built in 1979 and contains four residential units under one roof. All units are currently rented. Each unit includes a stove and refrigerator, with electric heat serving the building. The property also features a newer metal roof and a full basement with secured storage assigned to each unit. The basement provides additional storage capacity and could accommodate washer and dryer hookups.

Located at 151 W Glenbrook Drive in Pulaski, Wisconsin, the property includes outdoor parking. Its existing four-unit configuration combines multiple residences with shared building infrastructure and on-site storage.

Key Highlights

  • Four‑unit quadplex with all units currently rented
  • 2,394‑square‑foot property built in 1979
  • Each unit includes a stove and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,681
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,620 $453.6K
Cap Rate 7%
$324,014 $324.0K
Cap Rate 9%
$252,011 $252.0K
Market Conditions
NOI Build-Up for 2,394 SF
Gross rent
$33.6K $14.04/SF
− Vacancy
−$1.2K −$0.51/SF
EGI
$32.4K $13.53/SF
− OpEx
−$9.7K −$4.06/SF
NOI
$22.7K $9.47/SF
Area
Brown County, WI
Vacancy
3.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,620
Cap Rate 7%
$324,014
Cap Rate 9%
$252,011

Alternative Uses

Best Use
Multifamily LT 5
$324.0K
$283.5K – $378.0K (±1% cap)
NOI $22,681 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$299.3K
$261.9K – $349.2K (±1% cap)
NOI $20,954 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$528.7K
$462.6K – $616.9K (±1% cap)
NOI $37,011 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 54162, WI

9,570
Population
3,594
Households
2.7
Avg Household Size
39
Median Age
22%
College-Educated
96%
High-School Grad
111.5 sq mi
ZIP Area
86
Density / Sq Mi
$79,053
Median Household Income
$47,170
Median Earnings
$797
Median Rent
$258,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Leased residential income property with private basement storage, outdoor parking, and individual kitchen appliances.
Where is this quadplex located?
The property is located at 151 W GLENBROOK Drive Pulaski, WI.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently rented; 2,394‑square‑foot property built in 1979; Each unit includes a stove and refrigerator
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