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Whitewater Duplex with Leased Units
For Sale
$384,900

203 S Whiton St, Whitewater, WI 53190

Duplex in Whitewater with leases in place until 2026.

Property Size2,500 SF
Price / SF$153.96
Days on Market163

Property Features for 203 S Whiton St

General Information

Standard status Active
Size 2,500 SF
Property subtype Multi-Family

Building Details

Year Built 1940
Listing Agency: Stark Company, REALTORS
Listed By: Cameron Ward · License #11145894
Source: Jwregwi
Added: May 17 Changed: Oct 25 Last Checked: Oct 7 at 3:57PM

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 Stark Company, REALTORS

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Investment Insights

Based on property information with market context.

This duplex is located in Whitewater and features a total of 6 bedrooms and 3 full bathrooms. The property is suitable for investors or owner-occupants. Both units are leased through August 22, 2026, providing rental income. Each unit includes in-unit laundry.

Key Highlights

  • Leased through August 22, 2026, providing immediate and stable cash flow.
  • Strong rental potential ideal for investors or owner‑occupants.
  • Duplex with 6 bedrooms and 3 full bathrooms.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,933
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,660 $538.7K
Cap Rate 7%
$384,757 $384.8K
Cap Rate 9%
$299,256 $299.3K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$40.5K $16.20/SF
− Vacancy
−$2.0K −$0.81/SF
EGI
$38.5K $15.39/SF
− OpEx
−$11.5K −$4.62/SF
NOI
$26.9K $10.77/SF
Area
Walworth County, WI
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,660
Cap Rate 7%
$384,757
Cap Rate 9%
$299,256

Alternative Uses

Best Use
Multifamily LT 5
$384.8K
$336.7K – $448.9K (±1% cap)
NOI $26,933 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$357.9K
$313.2K – $417.6K (±1% cap)
NOI $25,054 @ 7.0% cap · market cap 6.51%
Theoretical Best
Specialty Retail
$482.5K
$422.2K – $562.9K (±1% cap)
NOI $33,773 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 53190, WI

19,459
Population
8,331
Households
2.3
Avg Household Size
27
Median Age
35%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
149
Density / Sq Mi
$59,598
Median Household Income
$17,627
Median Earnings
$990
Median Rent
$247,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Whitewater with leases in place until 2026.
Where is this duplex located?
The property is located at 203 S Whiton St Whitewater, WI.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Leased through August 22, 2026, providing immediate and stable cash flow.; Strong rental potential ideal for investors or owner‑occupants.; Duplex with **6 bedrooms and 3 full bathrooms**.
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