For Sale
$192,500
160 GRUENWALD Avenue, Neenah, WI 54956
A two-unit residential property offers an established configuration for rental occupancy.
Property Size1,338 SF
Price / SF$143.87
Days on Market12
Property Features for 160 GRUENWALD Avenue
General Information
Standard status
Active
Size
1,338 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,408
Building Details
Building Size
1,338 SF
Year Built
1939
Listing Agency:
Rooted Realty
Listed By:
Hayley M. Gracyalny · License #91-905424
(920) 619-7439
Source:
C21ace
Added: Oct 21
Changed: Oct 31
Last Checked: Nov 1 at 1:42PM
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 Rooted Realty
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Investment Insights
Based on property information with market context.
This duplex contains 1,338 square feet and was built in 1939. The two-unit configuration supports residential rental use.
The property is in a neighborhood with nearby schools and shops. The surrounding area is described as primarily well-kept homes.
The property is in a neighborhood with nearby schools and shops. The surrounding area is described as primarily well-kept homes.
Key Highlights
- 1,338‑square‑foot duplex
- Built in 1939
- Near schools and shops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,028
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,560
$180.6K
Cap Rate 7%
$128,971
$129.0K
Cap Rate 9%
$100,311
$100.3K
Market Conditions
NOI Build-Up for 1,338 SF
Gross rent
$13.6K $10.20/SF
− Vacancy
−$751 −$0.56/SF
EGI
$12.9K $9.64/SF
− OpEx
−$3.9K −$2.89/SF
NOI
$9.0K $6.75/SF
Area
Winnebago County, WI
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,560
Cap Rate 7%
$128,971
Cap Rate 9%
$100,311
Alternative Uses
Best Use
Multifamily LT 5
$129.0K
$112.9K – $150.5K
NOI $9,028 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$116.3K
$101.7K – $135.6K
NOI $8,138 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$288.8K
$252.7K – $336.9K
NOI $20,215 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 54956, WI
46,316
Population
20,104
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
61.7 sq mi
ZIP Area
751
Density / Sq Mi
$81,386
Median Household Income
$49,445
Median Earnings
$1,005
Median Rent
$238,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - A two-unit residential property offers an established configuration for rental occupancy.
Where is this duplex located?
The property is located at 160 GRUENWALD Avenue Neenah, WI.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: 1,338‑square‑foot duplex; Built in 1939; Near schools and shops
