Two-Unit Duplex with In-Unit
New
For Sale
$239,900
1811 George St, La Crosse, WI 54603
Separate utility meters serve the upper and lower residences, with occupants responsible for utility costs.
Property Size1,756 SF
Price / SF$136.62
Days on Market3
Property Features for 1811 George St
General Information
Standard status
Active
Size
1,756 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
washer and dryer
off-street parking
Building Details
Year Built
1884
Listing Agency:
Keller Williams Realty-Lake Country
Listed By:
Realty Executives Southeast
(262) 443-0030
Source:
Therealestatestudiowi
Added: Oct 19
Last Checked: Oct 20 at 8:00PM
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-Lake Country
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Investment Insights
Based on property information with market context.
This 1,756-square-foot duplex, built in 1884, contains an upper residence with 2 bedrooms and 1 bathroom and a lower residence with 3 bedrooms and 1 bathroom. Each unit has its own washer and dryer. Heating is electric baseboard in the upper unit and forced air in the lower unit. Separate meters serve the units, and tenants pay all utilities.
Both residences are leased: the upper unit’s agreement runs through June 2027, while the lower unit’s lease continues through March 2027. Off-street parking is available behind the property, with access from the alley. The property is on George St in La Crosse, with quick commutes to the south side of La Crosse, Onalaska, and I-90.
Both residences are leased: the upper unit’s agreement runs through June 2027, while the lower unit’s lease continues through March 2027. Off-street parking is available behind the property, with access from the alley. The property is on George St in La Crosse, with quick commutes to the south side of La Crosse, Onalaska, and I-90.
Key Highlights
- Upper unit: 2 bedrooms, 1 bathroom; lease through June 2027
- Lower unit: 3 bedrooms, 1 bathroom; lease through March 2027
- 1,756 square feet; built in 1884
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,860
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,200
$317.2K
Cap Rate 7%
$226,571
$226.6K
Cap Rate 9%
$176,222
$176.2K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$24.2K $13.80/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$22.7K $12.90/SF
− OpEx
−$6.8K −$3.87/SF
NOI
$15.9K $9.03/SF
Area
La Crosse County, WI
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,200
Cap Rate 7%
$226,571
Cap Rate 9%
$176,222
Alternative Uses
Best Use
Multifamily LT 5
$226.6K
$198.3K – $264.3K
NOI $15,860 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$203.9K
$178.4K – $237.9K
NOI $14,271 @ 7.0% cap · market cap 5.95%
Theoretical Best
Specialty Retail
$384.0K
$336.0K – $448.1K
NOI $26,883 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 54603, WI
14,203
Population
7,168
Households
2
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,596
Density / Sq Mi
$49,693
Median Household Income
$37,917
Median Earnings
$936
Median Rent
$175,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate utility meters serve the upper and lower residences, with occupants responsible for utility costs.
Where is this duplex located?
The property is located at 1811 George St La Crosse, WI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Upper unit: 2 bedrooms, 1 bathroom; lease through June 2027; Lower unit: 3 bedrooms, 1 bathroom; lease through March 2027; 1,756 square feet; built in 1884
