Duplex With Detached
New
For Sale
$259,900
1740 N Clark St, Appleton, WI 54911
Two vertically arranged units have separate entrances, with a two-car garage and a garden shed on site.
Property Size1,624 SF
Price / SF$160.04
Days on Market5
Property Features for 1740 N Clark St
General Information
Standard status
Active
Size
1,624 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1939
Buildings
1
Listing Agency:
Renard Realty
Listed By:
Shane Renard - Principal Broker Owner · License #9057962
(920) 606-4436
Source:
Renardrealtygroup
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 7:02PM
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 Renard Realty
Investment Insights
Based on property information with market context.
Built in 1939, this 1,624-square-foot duplex contains one unit on the main floor and a second above. The upper residence has its own entrance, and the main-floor unit is readily accessible. Updated finishes complement the building’s older character.
A two-car garage provides covered parking and storage, while a separate shed offers additional space for tools and lawn equipment. The property is in Appleton, Wisconsin.
A two-car garage provides covered parking and storage, while a separate shed offers additional space for tools and lawn equipment. The property is in Appleton, Wisconsin.
Key Highlights
- Up/down duplex with separate entrance for the upper unit
- 1,624 square feet of building area
- Built in 1939
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,376
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,520
$247.5K
Cap Rate 7%
$176,800
$176.8K
Cap Rate 9%
$137,511
$137.5K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$18.5K $11.40/SF
− Vacancy
−$833 −$0.51/SF
EGI
$17.7K $10.89/SF
− OpEx
−$5.3K −$3.27/SF
NOI
$12.4K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,520
Cap Rate 7%
$176,800
Cap Rate 9%
$137,511
Alternative Uses
Best Use
Multifamily LT 5
$176.8K
$154.7K – $206.3K
NOI $12,376 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$165.5K
$144.8K – $193.1K
NOI $11,584 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$447.8K
$391.8K – $522.4K
NOI $31,343 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Demographics for 54911, WI
26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two vertically arranged units have separate entrances, with a two-car garage and a garden shed on site.
Where is this duplex located?
The property is located at 1740 N Clark St Appleton, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Up/down duplex with separate entrance for the upper unit; 1,624 square feet of building area; Built in 1939
