Side-by-Side Duplex with
For Sale
$334,900
1519 Hillcrest Dr, Kaukauna, WI 54130
Two leased residences offer distinct layouts, private lower-level space, laundry, and central air conditioning.
Property Size2,443 SF
Price / SF$137.09
Days on Market67
Property Features for 1519 Hillcrest Dr
General Information
Standard status
Active
Size
2,443 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
central air
laundry
backyard
storage sheds
Building Details
Year Built
1977
Buildings
1
Tenancy
Multi
Listing Agency:
First Weber, Inc.
Listed By:
Alyssa L. Iglesias · License #9487197
(920) 750-6880
Source:
Moving2greenbay
Added: Aug 9
Changed: Oct 5
Last Checked: Oct 7 at 1:05PM
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 First Weber, Inc.
Investment Insights
Based on property information with market context.
This side-by-side duplex includes a two-bedroom residence with an updated kitchen, flooring, and bathroom, along with a three-bedroom residence that receives abundant natural light. Each unit has an attached garage, its own basement, laundry, utility service, and central air conditioning.
The property also includes a large backyard and additional storage sheds. Both residences are leased through 2027, supporting continued occupancy for the current ownership period. The lower-level bedroom in the right unit has exposed floor joists. Showings require at least 24 hours' notice, and buyers should independently verify square footage and room dimensions if material.
The property also includes a large backyard and additional storage sheds. Both residences are leased through 2027, supporting continued occupancy for the current ownership period. The lower-level bedroom in the right unit has exposed floor joists. Showings require at least 24 hours' notice, and buyers should independently verify square footage and room dimensions if material.
Key Highlights
- Side‑by‑side duplex with 2‑bedroom and 3‑bedroom units
- Both leases extend into 2027
- Attached garage, basement, laundry, and central air for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,618
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,360
$372.4K
Cap Rate 7%
$265,971
$266.0K
Cap Rate 9%
$206,867
$206.9K
Market Conditions
NOI Build-Up for 2,443 SF
Gross rent
$27.9K $11.40/SF
− Vacancy
−$1.3K −$0.51/SF
EGI
$26.6K $10.89/SF
− OpEx
−$8.0K −$3.27/SF
NOI
$18.6K $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%
$372,360
Cap Rate 7%
$265,971
Cap Rate 9%
$206,867
Alternative Uses
Best Use
Multifamily LT 5
$266.0K
$232.7K – $310.3K
NOI $18,618 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$249.0K
$217.8K – $290.5K
NOI $17,427 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$673.6K
$589.4K – $785.8K
NOI $47,150 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 54130, WI
27,473
Population
11,507
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
95%
High-School Grad
78.0 sq mi
ZIP Area
352
Density / Sq Mi
$86,364
Median Household Income
$50,128
Median Earnings
$969
Median Rent
$242,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences offer distinct layouts, private lower-level space, laundry, and central air conditioning.
Where is this duplex located?
The property is located at 1519 Hillcrest Dr Kaukauna, WI.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2‑bedroom and 3‑bedroom units; Both leases extend into 2027; Attached garage, basement, laundry, and central air for each unit
