Updated Upper-Lower
2-220 Main St, Cornell, WI 54732
For Sale
$210,000
Two units offer private laundry, locked indoor storage, and off-street parking.
Property Size1,710 SF
Price / SF$122.81
Days on Market120
Property Features for 2-220 Main St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
off street parking
yard
indoor storage
laundry in each unit
Building Details
Buildings
Abandoned
Listing Agency:
Woods & Water Realty Inc/Regional Office
(715) 723-4663
Listed By:
Emily Thompson · License WI 83696-94
(715) 559-2059
Source:
Exprealty
Added: Jul 18
Changed: Nov 7
Last Checked: Nov 12 at 12:52PM
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 Woods & Water Realty Inc/Regional Office
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This upper-and-lower duplex in Cornell, Wisconsin, contains 1,710 square feet and has received multiple updates in recent years. The two-unit layout provides separate residential spaces within one building.
Each unit includes laundry facilities and a dedicated 10X10 locked indoor storage area. Off-street parking and a yard serve the property, adding practical outdoor and storage amenities for occupants. The property is located at 2-220 Main St in Cornell.
Each unit includes laundry facilities and a dedicated 10X10 locked indoor storage area. Off-street parking and a yard serve the property, adding practical outdoor and storage amenities for occupants. The property is located at 2-220 Main St in Cornell.
Key Highlights
- Upper‑and‑lower duplex with 1,710 square feet
- Updates completed over the past few years
- Each unit includes laundry facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,253
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,060
$285.1K
Cap Rate 7%
$203,614
$203.6K
Cap Rate 9%
$158,367
$158.4K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$21.5K $12.60/SF
− Vacancy
−$1.2K −$0.69/SF
EGI
$20.4K $11.91/SF
− OpEx
−$6.1K −$3.57/SF
NOI
$14.3K $8.33/SF
Area
Chippewa County, WI
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,060
Cap Rate 7%
$203,614
Cap Rate 9%
$158,367
Alternative Uses
Best Use
Multifamily LT 5
$203.6K
$178.2K – $237.6K
NOI $14,253 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$183.8K
$160.8K – $214.4K
NOI $12,866 @ 7.0% cap · market cap 6.13%
Theoretical Best
Warehouse
$949.3K
$830.7K – $1.11M
NOI $66,453 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 54732, WI
2,820
Population
1,243
Households
2.3
Avg Household Size
42
Median Age
12%
College-Educated
91%
High-School Grad
97.6 sq mi
ZIP Area
29
Density / Sq Mi
$64,886
Median Household Income
$39,980
Median Earnings
$800
Median Rent
$173,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Chippewa County, WI
Properties on Market for Duplexes in Chippewa County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two units offer private laundry, locked indoor storage, and off-street parking.
Where is this duplex located?
The property is located at 2-220 Main St Cornell, WI.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Upper‑and‑lower duplex with 1,710 square feet; Updates completed over the past few years; Each unit includes laundry facilities
