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Duplex Near Schools and Shopping

1906 West Pine Street Appleton, WI 54914

1906 West Pine Street, Appleton, WI, 54914
$277,500
For Sale
$277,500

Two-unit duplex with 1,792 sq. ft, located near schools, parks, shopping, and restaurants in Appleton.

Property Size1,792 SF
Price / SF$154.85
Days on Market66

Property Features for 1906 West Pine Street

General Information

Standard status
Active
Size
1,792 SF
Property subtype
Multifamily / Duplex (2 Unit)

Building Details

Year Built
1969
Listing agency Real Broker LLC
Listed by Maranda M Gonzalez · License #94-110304
Source Compass
Added: May 19 Updated: Jul 22 at 2:58PM Checked: Jul 22 at 2:58PM

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 Real Broker LLC


Investment Insights

Based on property information with market context.

For sale: a charming duplex at 1906 West Pine Street in Appleton, WI. The property offers a two-unit residential income setup totaling 1,792 sq. ft.

According to the public remarks, the location is convenient to schools, parks, shopping, and restaurants, making it well-suited for owner-occupants or investors looking for an everyday-amenities setting.

Key Highlights

  • Two‑unit duplex in Appleton with 1,792 sq. ft
  • 2‑story, multi‑level design with vinyl siding and poured concrete foundation
  • Built in 1969

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 $20.4k $11.40
− Vacancy −$919 −$0.51
EGI $19.5k $10.89
− OpEx −$5.9k −$3.27
NOI $13.7k $7.62
1,792 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$195.1K
$170.7K – $227.6K (±1% cap)
NOI $13,657 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$182.6K
$159.8K – $213.1K (±1% cap)
NOI $12,783 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$494.1K
$432.3K – $576.4K (±1% cap)
NOI $34,586 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Law Firm Electrical Service Bakery Pharmacy Daycare Center Accounting Firm Grocery & Convenience Store Skin Care Clinic Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with 1,792 sq. ft, located near schools, parks, shopping, and restaurants in Appleton.
Where is this duplex located?
The property is located at 1906 West Pine Street Appleton, WI.
What is the asking price?
The asking price for this property is $277,500.
What are key features of this property?
This property features: Two‑unit duplex in Appleton with 1,792 sq. ft; 2‑story, multi‑level design with vinyl siding and poured concrete foundation; Built in 1969
Contact an agent
More about this property
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