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2037-2039 Continental Lane, Cross Plains, WI, 53528
Duplex with Attached Garages

2037-2039 Continental Lane Cross Plains, WI 53528

For Sale
$565,000

Two-side duplex features open-concept 3 bed/2 bath units, each with a main-level bedroom and attached 2-car garage.

Property Size2,684 SF
Price / SF$210.51
Days on Market94

Property Features for 2037-2039 Continental Lane

General Information

Standard status
Active
Size
2,684 SF
Property subtype
Multi Family / Duplex-side by side

Building Details

Year Built
1992
Listing Agency: Keller Williams Realty
Listed By: Joffre Pedretti · License #84142-94
Source: Compass
Added: Apr 21 Changed: Jul 23 Last Checked: Jul 23 at 7:57AM

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


Investment Insights

Based on property information with market context.

This duplex includes two residential units, each arranged as an open-concept 3-bedroom, 2-bath layout with a main-level bedroom and a full bathroom on the main floor. Each side also offers an attached 2-car garage. All utilities are separately metered.

Showings and tours are available only during open houses from 11:00 AM to 1:00 PM on Friday and Saturday, 4/24 and 4/25.

Both sides are month-to-month starting May 1, with the option for an owner to occupy either side or retain the current tenants. The roof and gutters were replaced in 2026.

Key Highlights

  • Two‑side duplex built in 1992, with each side offering 3 bed / 2 bath and an open‑concept layout.
  • Each unit includes a main‑level bedroom and a full bathroom, plus an attached 2‑car garage.
  • All utilities are separately metered for each side.

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 $37.0k $13.80
− Vacancy −$1.9k −$0.69
EGI $35.2k $13.11
− OpEx −$10.6k −$3.93
NOI $24.6k $9.18
2,684 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$351.9K
$307.9K – $410.5K (±1% cap)
NOI $24,631 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$309.3K
$270.7K – $360.9K (±1% cap)
NOI $21,654 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$623.7K
$545.7K – $727.7K (±1% cap)
NOI $43,659 @ 7.0% cap · market cap 7.73%
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 Hair Salon Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Duplex - Two-side duplex features open-concept 3 bed/2 bath units, each with a main-level bedroom and attached 2-car garage.
Where is this duplex located?
The property is located at 2037-2039 Continental Lane Cross Plains, WI.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two‑side duplex built in 1992, with each side offering 3 bed / 2 bath and an open‑concept layout.; Each unit includes a main‑level bedroom and a full bathroom, plus an attached 2‑car garage.; All utilities are separately metered for each side.
More about this property
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