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    Two-Story Brick Duplex with Garage Title is generated by Realmo AI

    201 & 201 1/2 RIVER ROAD, Marathon, WI 54448

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    New
    For Sale
    $145,900

    MULTI_FAMILY - Marathon, WI

    Lot size:
    0.68 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 5 at 2:06 pm

    Property Features for 201 & 201 1/2 RIVER ROAD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Tile Floors
    Appliances
    Refrigerator, Range, Washer, Dryer
    Standard status
    Active
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Utilities

    Sewer type
    Mound Septic
    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick, Wood
    Roof type
    Shingle

    We can help!

    Listing Contact
    JUDY KNUTH
    JUDY KNUTH

    Listing agent JUDY KNUTH License #49111-94

    Listing office COLDWELL BANKER ACTION 928 GRAND AVENUE, Schofield, WI

    Listing date Jun 5, 2026

    MLS# 22602539 Listing URL

    Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Solid two‑story brick duplex on 0.68 acres in the Village of Marathon
    • Wrap‑around front porch plus screened‑in gazebo, including a side entrance to the gazebo
    • Main‑floor unit offers 2 bedrooms, 1 bathroom, spacious kitchen, and laundry facilities
    • Upper unit includes porch area with storage, plus 2 bedrooms, a full bath, and a large living room
    • Two‑car detached garage and a private back yard close to a park
    • Mound septic system; shingle roof; forced‑air heating; property located in a flood plain

    Overview

    This solid two-story brick duplex includes two separate residential units. The main-floor unit features two bedrooms, one bath, a spacious kitchen, and laundry facilities. A wrap-around front porch adds outdoor living space, and the property also includes a screened-in gazebo with a side entrance. The upper unit offers a porch area with storage, along with a large living room, two bedrooms, and a full bath, with a kitchen that includes many cabinets.

    Set on approximately 0.68 acres in the Village of Marathon, the duplex is described as having a nice private back yard close to a park. The property is located in a flood plain. A two-car detached garage is also included.

    For buyers seeking an income-oriented residential property, this duplex provides two complete living spaces with separate bedroom and bath layouts, plus shared site amenities like the porch and gazebo. The detached garage supports tenant parking needs, and the back yard location near a park may appeal to residents looking for quiet outdoor space. Flood-plain status should be reviewed as part of any due diligence before purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.841362
    Latitude
    44.936649

    FAQs

    What type of property is this?
    Duplex - Two-unit brick duplex offers two bedrooms per unit, laundry facilities, and a detached two-car garage on a fenced-feel yard.
    Where is this duplex located?
    The property is located at 201 & 201 1/2 RIVER ROAD Marathon, WI.
    What is the asking price?
    The asking price for this property is $145,900.
    What are key features of this property?
    This property features: Solid two‑story brick duplex on 0.68 acres in the Village of Marathon; Wrap‑around front porch plus screened‑in gazebo, including a side entrance to the gazebo; Main‑floor unit offers 2 bedrooms, 1 bathroom, spacious kitchen, and laundry facilities
    (715) 574-7429
    We can help!
    Listing Contact
    JUDY KNUTH
    JUDY KNUTH
    Real Estate License ID: 49111-94
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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