Upper-Lower Duplex with
For Sale
$210,000
220 Main Street, Cornell, WI 54732
ResidentialIncome, Cornell, WI
Property Size1,710 SF
Lot Size0.16 Acres
Price / SF$122.81
Days on Market94
Property Features for 220 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Elementary school district
Cornell
Middle school district
Cornell
High school district
Cornell
Directions
From Hwy 27 coming into Cornell, travel straight onto 3rd Street. Turn left onto Main Street.
Standard status
Active
APN
23106173261490802
Size
1,710 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
909
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
off street parking
yard
indoor storage
laundry in each unit
Building Details
Year built
1930
Number of units
2
Building materials
Brick, VinylSiding
Listing Agency:
Woods & Water Realty Inc/Regional Office
(715) 723-4663
Listed By:
Emily Thompson · License #83696-94
(715) 559-2059
Added: Jul 18
Changed: Sep 18
Last Checked: Oct 19 at 4:06PM
MLS# 1603373
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,710-square-foot duplex has an upper-and-lower configuration within a 1930-built property on a 0.16-acre lot. Each unit includes laundry and a locked 10X10 indoor storage area. The property also offers off-street parking, a yard, a basement, brick and vinyl siding, forced-air heating, and central air conditioning.
Located at 220 Main Street in Cornell, the property is served by public water and public sewer. Its two-level unit arrangement and separate storage provisions provide a clear residential income property configuration.
Located at 220 Main Street in Cornell, the property is served by public water and public sewer. Its two-level unit arrangement and separate storage provisions provide a clear residential income property configuration.
Key Highlights
- Upper‑and‑lower duplex configuration
- 1,710 square feet on a 0.16‑acre lot
- Each unit has laundry and a locked 10X10 indoor storage area
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 · market cap 31.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open 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
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
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower units include individual laundry, off-street parking, and locked indoor storage.
Where is this duplex located?
The property is located at 220 Main Street 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 configuration; 1,710 square feet on a 0.16‑acre lot; Each unit has laundry and a locked 10X10 indoor storage area
