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Duplex with Sunroom and Fireplaces
New
For Sale
$849,900

2206 BLUE STEM Lane, De Pere, WI 54115

MULTI_FAMILY - DE PERE, WI

Property Size4,056 SF
Lot Size0.40 Acres
Price / SF$209.54
Days on Market5

Property Features for 2206 BLUE STEM Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning 2 Family/Duplex,Other-Se
Parking 4
Elementary school Altmayer
Middle school Foxview Int.
High school DePere East
Elementary school district De Pere
Middle school district De Pere
High school district De Pere
Directions Hwy PP south of De Pere to east on County X to south on Cottonwood to east on Stillwater to Trellis to Blue Stem.
Standard status Active
APN D-1991-1, D-1991
Size 4,056 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8764

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2017
Number of units 2
Building materials Stone, Vinyl Siding
Listing Agency: Shorewest, Realtors
Listed By: Rick P. Turriff · License #94-58964
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 3 at 10:06AM
MLS# 50330225

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

Investment Insights

Based on property information with market context.

This custom-built duplex (2017) is set up for flexible ownership with two separate parcel numbers and tax IDs under a zero lot line configuration. Constructed with stone and vinyl siding, the property totals 4,056 SF on a 0.4-acre lot and includes forced-air heating and central air, with public water and public sewer services.

One side (2208 BLUE STEM Lane) features a main living room with a fireplace and a south-facing sunroom with a fireplace. The finished lower level adds a huge family room with a fireplace, a bar area, a bedroom, and a full bath. The other side (2206 BLUE STEM Lane) does not have a finished lower level, but it includes an egress window and could be finished.

The layout provides an owner-occupant option while retaining the ability to rent, and it can also be considered as two individual homes given the separate parcel setup.

Key Highlights

  • Duplex configured as zero lot line with separate parcel numbers and tax IDs
  • 2208 side includes finished lower with huge family room, fireplace, bar area, bedroom, and full bath
  • 2208 main living room has a fireplace and the south‑facing sunroom has a fireplace

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 $56.9k $14.04
− Vacancy −$2.1k −$0.51
EGI $54.9k $13.53
− OpEx −$16.5k −$4.06
NOI $38.4k $9.47
4,056 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$549.0K
$480.3K – $640.5K (±1% cap)
NOI $38,427 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$507.2K
$443.8K – $591.7K (±1% cap)
NOI $35,501 @ 7.0% cap · market cap 4.18%
Theoretical Best
Warehouse
$3.39M
$2.97M – $3.96M (±1% cap)
NOI $237,413 @ 7.0% cap · market cap 27.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 54115, WI

48,710
Population
20,415
Households
2.4
Avg Household Size
37
Median Age
40%
College-Educated
96%
High-School Grad
124.0 sq mi
ZIP Area
393
Density / Sq Mi
$92,023
Median Household Income
$46,843
Median Earnings
$1,071
Median Rent
$307,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-family duplex zoned for zero lot line living with separate parcels, central air, and public water and sewer.
Where is this duplex located?
The property is located at 2206 BLUE STEM Lane De Pere, WI.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Duplex configured as zero lot line with separate parcel numbers and tax IDs; 2208 side includes finished lower with huge family room, fireplace, bar area, bedroom, and full bath; 2208 main living room has a fireplace and the south‑facing sunroom has a fireplace
More about this property
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