Two-Story Duplex with Attached
For Sale
$539,900
1781 Briarwood Court, De Pere, WI 54115
Each unit includes a patio, fenced yard, and fully equipped kitchen.
Property Size2,816 SF
Price / SF$191.73
Days on Market113
Property Features for 1781 Briarwood Court
General Information
Standard status
Active
Size
2,816 SF
Total Parking Spaces
4
Property subtype
Multifamily / Duplex (2 Unit)
Zoning
2 Family/Duplex
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$6,508
Amenities
patio
fenced yard
storage
washer/dryer connections
2
Natural Gas
Full,Sump Pump
Poured Concrete
2 side by side,2 Story
Brick,Vinyl Siding
Level Lot
Building Details
Year Built
2001
Buildings
1
Stories
2
Listing Agency:
Dallaire Realty
(920) 676-9300
Listed By:
Mike D Wasilkoff · License #94-75654
(920) 676-9300
Source:
Compass
Added: May 12
Changed: Aug 30
Last Checked: Aug 30 at 10:42AM
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 Dallaire Realty
Investment Insights
Based on property information with market context.
Built in 2001, this two-story duplex contains two 3-bedroom, 1.5-bath units, each measuring 1,408 square feet. Both residences offer fully equipped kitchens with peninsula counters, dining areas opening to private patios and fenced yards, and bright living rooms. A half-bath is positioned near the entry to each attached two-stall garage.
Each upper level includes a primary bedroom with two closets, a second bedroom with three closets and a bonus nook, a third bedroom, and a full bathroom. Lower-level space provides storage and hookups for a washer and dryer. The property has a level lot, poured-concrete construction, brick and vinyl siding, and natural gas service.
Zoned 2 Family/Duplex, the property is situated on a closed street with access to downtown amenities in De Pere.
Each upper level includes a primary bedroom with two closets, a second bedroom with three closets and a bonus nook, a third bedroom, and a full bathroom. Lower-level space provides storage and hookups for a washer and dryer. The property has a level lot, poured-concrete construction, brick and vinyl siding, and natural gas service.
Zoned 2 Family/Duplex, the property is situated on a closed street with access to downtown amenities in De Pere.
Key Highlights
- Two 3‑bedroom, 1.5‑bath units totaling 2,816 square feet
- Each unit measures 1,408 square feet and includes a 2‑stall attached garage
- Private patio and fenced yard for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$533,580
$533.6K
Cap Rate 7%
$381,129
$381.1K
Cap Rate 9%
$296,433
$296.4K
Market Conditions
NOI Build-Up for 2,816 SF
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.
Gross rent
$39.5K $14.04/SF
− Vacancy
−$1.4K −$0.51/SF
EGI
$38.1K $13.53/SF
− OpEx
−$11.4K −$4.06/SF
NOI
$26.7K $9.47/SF
Area
Brown County, WI
Vacancy
3.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$533,580
Cap Rate 7%
$381,129
Cap Rate 9%
$296,433
Alternative Uses
Best Use
Multifamily LT 5
$381.1K
$333.5K – $444.7K
NOI $26,679 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$352.1K
$308.1K – $410.8K
NOI $24,647 @ 7.0% cap · market cap 4.57%
Theoretical Best
Warehouse
$2.35M
$2.06M – $2.75M
NOI $164,831 @ 7.0% cap · market cap 30.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 54115, WI
48,710
Population
20,415
Households
2.4
Avg Household Size
37
Median Age
40%
College-Educated
96%
High-School Grad
124.0 sq mi
ZIP Area
393
Density / Sq Mi
$92,023
Median Household Income
$46,843
Median Earnings
$1,071
Median Rent
$307,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each unit includes a patio, fenced yard, and fully equipped kitchen.
Where is this duplex located?
The property is located at 1781 Briarwood Court De Pere, WI.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two 3‑bedroom, 1.5‑bath units totaling 2,816 square feet; Each unit measures 1,408 square feet and includes a 2‑stall attached garage; Private patio and fenced yard for each residence
