Duplex with Sunroom and
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
(920) 593-4100
Listed By:
Rick P. Turriff · License #94-58964
(920) 621-7041
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 3 at 9:06AM
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.
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
NOI $38,427 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$507.2K
$443.8K – $591.7K
NOI $35,501 @ 7.0% cap · market cap 4.18%
Theoretical Best
Warehouse
$3.39M
$2.97M – $3.96M
NOI $237,413 @ 7.0% cap · market cap 27.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
