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Updated Duplex Near Hwy 41

1700 E TRACIA Lane Appleton, WI 54911

New
1700 E TRACIA Lane, Appleton, WI, 54911
$525,000
For Sale
Claim this Listing
$525,000

MULTI_FAMILY - APPLETON, WI

Property Size3,960 SF
Lot Size0.19 Acres
Price / SF$132.58
AddedJul 10
Days on Market5
Last RefreshJul 14 at 8:06 pm

Property Features for 1700 E TRACIA Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
2 Family/Duplex
Parking
2
Standard status
Active
APN
311701100
Size
3,960 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5375

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1990
Number of units
2
Building materials
Brick, Vinyl Siding, Shake Siding

Listing agent Gregory R. Busha

Listing office LIV Wisconsin Realty 3913 W Prospect Ave, Ste LL2, Kimberly, WI

Listing date Jul 10, 2026

MLS# 50329050 Listing URL

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex offers approximately 3,960 square feet of total space with two mirror-image units, each featuring 3 bedrooms and 2.5 bathrooms. Interiors include an open floor plan with an island kitchen with appliances, vaulted ceilings, and a gas fireplace, plus a private primary suite with a full bath. Updates reported include newer flooring, fixtures, paint, and a water heater.

The property is located in the Appleton North High School district and is described as close to Memorial Park and multiple restaurants, with access to Hwy 41. Public remarks also note the completion of the Hwy 41/Ballard Road interchange in fall 2025, and plans to install a sound barrier wall between the off ramp and the back yard in 2029, per the DOT.

The duplex is zoned for 2-family/duplex use, making it suited for buyers seeking a residential income property configuration on a single lot.

Key Highlights

  • 3‑bed, 2.5‑bath per side duplex with 1,980 sq ft total (open floor plan)
  • Vaulted ceilings, gas fireplace, and island kitchen with appliances
  • Private primary suite with full bath

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 $45.1k $11.40
− Vacancy −$2.0k −$0.51
EGI $43.1k $10.89
− OpEx −$12.9k −$3.27
NOI $30.2k $7.62
3,960 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K (±1% cap)
NOI $30,179 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$403.5K
$353.1K – $470.8K (±1% cap)
NOI $28,248 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.09M
$955.4K – $1.27M (±1% cap)
NOI $76,428 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nail Salon Real Estate Agency Hair Salon Electrical Service Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with open layouts, island kitchen, vaulted ceilings, and newer flooring, fixtures, paint, and water heater.
Where is this duplex located?
The property is located at 1700 E TRACIA Lane Appleton, WI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3‑bed, 2.5‑bath per side duplex with 1,980 sq ft total (open floor plan); Vaulted ceilings, gas fireplace, and island kitchen with appliances; Private primary suite with full bath
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More about this property
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