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Brick Townhouse-Style Duplex
For Sale
$289,900

1702 Wisconsin Ave, Beloit, WI 53511

Side-by-side units feature private basement areas, spacious kitchens, and three bedrooms per unit.

Property Size1,100 SF
Price / SF$263.55
Days on Market47

Property Features for 1702 Wisconsin Ave

General Information

Standard status Active
Size 1,100 SF
Property subtype Two Family Home
Zoning Duplex

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,772

Building Details

Year Built 1920
Buildings 1
Units 2
Construction brick
Tenancy Multi
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Nicole Lasocki · License #8214394
Source: Therealtycompanyllc
Added: Jun 18 Changed: Aug 2 Last Checked: Aug 3 at 12:45PM

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 Keller Williams Realty-Milwaukee Southwest

Investment Insights

Based on property information with market context.

Located at 1702 Wisconsin Ave in Beloit, this 1920 brick duplex is arranged in a townhouse-style, side-by-side configuration. Each unit includes three bedrooms, one full bathroom, a private basement area, and a kitchen with generous cabinet storage. The property provides 1,100 sq ft of living space, and all three bedrooms have brand-new carpeting.

The duplex is near an elementary school and within walking distance of parks. One unit is occupied under a lease expiring 9/24/2026, with the current tenant interested in staying. The other unit has Airbnb information available in the documents section and is offered furnished at closing. Zoning is Duplex.

Key Highlights

  • Townhouse‑style brick duplex with side‑by‑side units
  • Each unit offers 3 bedrooms, 1 full bath, and private basement space
  • 1,100 sq ft of living space

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 $15.2k $13.80
− Vacancy −$683 −$0.62
EGI $14.5k $13.18
− OpEx −$4.3k −$3.95
NOI $10.1k $9.23
1,100 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$145.0K
$126.9K – $169.1K (±1% cap)
NOI $10,148 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$127.4K
$111.5K – $148.7K (±1% cap)
NOI $8,921 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$264.3K
$231.3K – $308.4K (±1% cap)
NOI $18,504 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 53511, WI

48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side units feature private basement areas, spacious kitchens, and three bedrooms per unit.
Where is this duplex located?
The property is located at 1702 Wisconsin Ave Beloit, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Townhouse‑style brick duplex with side‑by‑side units; Each unit offers 3 bedrooms, 1 full bath, and private basement space; 1,100 sq ft of living space
More about this property
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