Townhouse-Style Duplex with
1702 Wisconsin Avenue Unit 1704 Beloit, WI 53511
1702 Wisconsin Avenue Unit 1704, Beloit, WI, 53511
$289,900
For Sale
$289,900
Side-by-side duplex offering 3 bedrooms and 1 full bath per unit with private basement space.
Property Size1,104 SF
Price / SF$262.59
Days on Market67
Property Features for 1702 Wisconsin Avenue Unit 1704
General Information
- Standard status
- Active
- Size
- 1,104 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1920
Listing agency
Keller Williams Realty-Milwaukee Southwest
(414) 405-3545
Listed by
Nicole A Lasocki · License #82143-94
(414) 405-3545
Source
Compass
Added: May 17 Updated: Jul 21 at 10:01AM Checked: Jul 21 at 10:01AM
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.
This solid brick, townhouse-style duplex is set up as two side-by-side units, each featuring 3 bedrooms and 1 full bath, along with private basement space. The seller notes brand new carpeting in all three bedrooms and describes each unit’s kitchen as a nice size with plenty of cabinet space.
Unit 1704 is currently tenant-occupied, with rent listed at $1,295 per month. The tenant pays gas, electric, and water, and the lease expires 9/24/2026, with the tenant indicating a desire to remain. The property is also described as having AirBnB-related information for unit 1702 available in the documents, and that unit 1702 will be furnished at closing. The address is 1702 Wisconsin Avenue in Beloit, WI, and the home is described as being close to an elementary school and within walking distance to parks.
Unit 1704 is currently tenant-occupied, with rent listed at $1,295 per month. The tenant pays gas, electric, and water, and the lease expires 9/24/2026, with the tenant indicating a desire to remain. The property is also described as having AirBnB-related information for unit 1702 available in the documents, and that unit 1702 will be furnished at closing. The address is 1702 Wisconsin Avenue in Beloit, WI, and the home is described as being close to an elementary school and within walking distance to parks.
Key Highlights
- Side‑by‑side townhouse‑style duplex built in 1920 with solid brick construction and stone materials
- Each unit offers 3 bedrooms and 1 full bath, plus private full, block basement space
- Estimated 1,104 sq ft living space per unit
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 | $15.2k | $13.80 |
| − Vacancy | −$686 | −$0.62 |
| EGI | $14.5k | $13.18 |
| − OpEx | −$4.4k | −$3.95 |
| NOI | $10.2k | $9.23 |
1,104 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$145.5K
$127.3K – $169.8K
NOI $10,185 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$127.9K
$111.9K – $149.2K
NOI $8,954 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$265.3K
$232.1K – $309.5K
NOI $18,571 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Side-by-side duplex offering 3 bedrooms and 1 full bath per unit with private basement space.
Where is this duplex located?
The property is located at 1702 Wisconsin Avenue Unit 1704 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: Side‑by‑side townhouse‑style duplex built in 1920 with solid brick construction and stone materials; Each unit offers 3 bedrooms and 1 full bath, plus private full, block basement space; Estimated 1,104 sq ft living space per unit
