Side-by-Side Duplex Income
17 Pamela Court Appleton, WI 54915
17 Pamela Court, Appleton, WI, 54915
$449,900
For Sale
$449,900
Well-maintained side-by-side duplex with separate entrances and a yard, with one unit rented month-to-month.
Property Size4,031 SF
Price / SF$111.61
Days on Market27
Property Features for 17 Pamela Court
General Information
- Standard status
- Active
- Size
- 4,031 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1994
Listing agency
Century 21 Ace Realty
(920) 284-8980
Listed by
Brenda L Feucht · License #94-85411
(920) 284-8980
Source
Compass
Added: Jun 25 Updated: Jul 21 at 3:22AM Checked: Jul 21 at 3:22AM
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 Century 21 Ace Realty
Investment Insights
Based on property information with market context.
This well-maintained side-by-side duplex offers two separate units with their own entrances. Unit 17 features four bedrooms and two full bathrooms, including a main-floor primary bedroom, along with a two-way gas fireplace and a finished lower-level rec room. Unit 15 provides two bedrooms and 1.5 bathrooms and is currently rented to month-to-month tenants.
The property is located on a cul-de-sac near shopping, restaurants, and highway access, supporting both owner-occupant and income-focused use.
With generous living spaces, attractive curb appeal, and move-in-ready condition, the duplex is designed to accommodate flexible living and rental arrangements.
The property is located on a cul-de-sac near shopping, restaurants, and highway access, supporting both owner-occupant and income-focused use.
With generous living spaces, attractive curb appeal, and move-in-ready condition, the duplex is designed to accommodate flexible living and rental arrangements.
Key Highlights
- Well‑maintained side‑by‑side duplex built in 1994 with separate entrances
- Unit 15: 2 beds, 1.5 baths and currently rented to month‑to‑month tenants
- Unit 17: 4 beds, 2 full baths with a main‑floor primary bedroom
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 | $46.0k | $11.40 |
| − Vacancy | −$2.1k | −$0.51 |
| EGI | $43.9k | $10.89 |
| − OpEx | −$13.2k | −$3.27 |
| NOI | $30.7k | $7.62 |
4,031 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$438.9K
$384.0K – $512.0K
NOI $30,720 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$410.8K
$359.4K – $479.2K
NOI $28,754 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.11M
$972.5K – $1.30M
NOI $77,798 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained side-by-side duplex with separate entrances and a yard, with one unit rented month-to-month.
Where is this duplex located?
The property is located at 17 Pamela Court Appleton, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1994 with separate entrances; Unit 15: 2 beds, 1.5 baths and currently rented to month‑to‑month tenants; Unit 17: 4 beds, 2 full baths with a main‑floor primary bedroom
