Updated Side-by-Side
221-225 North Gjertson Street Stoughton, WI 53589
221-225 North Gjertson Street, Stoughton, WI, 53589
$474,900
For Sale
$474,900
Side-by-side duplex with updated interiors, fully applianced units, and lower-level egress windows.
Property Size2,342 SF
Price / SF$202.78
Days on Market98
Property Features for 221-225 North Gjertson Street
General Information
- Standard status
- Active
- Size
- 2,342 SF
- Property subtype
- Multi Family / Duplex-side by side
Building Details
- Year Built
- 1980
Listing agency
Berkshire Hathaway HomeServices Matson Real Estate
(608) 873-8700
Listed by
Tom Matson · License #31409-90 573-9
(608) 873-8700
Source
Compass
Added: Apr 17 Updated: Jul 22 at 5:34PM Checked: Jul 22 at 5:34PM
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 Berkshire Hathaway HomeServices Matson Real Estate
Investment Insights
Based on property information with market context.
This side-by-side duplex includes two units with interiors that have been tastefully updated. Both units are fully applianced and feature lower level egress windows. Exterior improvements include a roof, siding, and gutters that were replaced in 2018.
The property is offered for sale as a residential income asset in Stoughton, Wisconsin. All dimensions and information provided should be verified by the buyer if deemed material to the purchase decision.
The duplex configuration provides two separate living units within one building structure, with shared exterior updates completed in 2018.
The property is offered for sale as a residential income asset in Stoughton, Wisconsin. All dimensions and information provided should be verified by the buyer if deemed material to the purchase decision.
The duplex configuration provides two separate living units within one building structure, with shared exterior updates completed in 2018.
Key Highlights
- Side‑by‑side duplex built in 1980
- Both units have tastefully updated interiors
- Roof, siding, and gutters were replaced in 2018
Local 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 | $32.3k | $13.80 |
| − Vacancy | −$1.6k | −$0.69 |
| EGI | $30.7k | $13.11 |
| − OpEx | −$9.2k | −$3.93 |
| NOI | $21.5k | $9.18 |
2,342 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.0K
$268.7K – $358.2K
NOI $21,493 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$269.9K
$236.2K – $314.9K
NOI $18,895 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$544.2K
$476.2K – $634.9K
NOI $38,096 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Side-by-side duplex with updated interiors, fully applianced units, and lower-level egress windows.
Where is this duplex located?
The property is located at 221-225 North Gjertson Street Stoughton, WI.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1980; Both units have tastefully updated interiors; Roof, siding, and gutters were replaced in 2018
