Side-by-Side Duplex
221 North Gjertson Street Stoughton, WI 53589
221 North Gjertson Street, Stoughton, WI, 53589
$474,900
For Sale
$474,900
Side-by-side duplex with updated interiors and 2018 roof, siding, and gutters, plus fully applianced units.
Property Size2,342 SF
Price / SF$202.78
Days on Market97
Property Features for 221 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 7:07AM Checked: Jul 22 at 7:07AM
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 features two residential units with tastefully updated interiors. Roof, siding, and gutters were replaced in 2018. Each unit includes a lower-level egress window and is fully applianced.
The property is offered for sale at 221 North Gjertson Street in Stoughton, Wisconsin. Buyers should verify all dimensions and information contained herein that may be material to their decision.
This is a straightforward two-unit income property configuration, with both units sharing the updated exterior and roof system installed in 2018, while maintaining separate interior living spaces.
The property is offered for sale at 221 North Gjertson Street in Stoughton, Wisconsin. Buyers should verify all dimensions and information contained herein that may be material to their decision.
This is a straightforward two-unit income property configuration, with both units sharing the updated exterior and roof system installed in 2018, while maintaining separate interior living spaces.
Key Highlights
- Side‑by‑side duplex built in 1980 with updated unit interiors
- Roof, siding, and gutters were replaced in 2018
- Each unit includes a lower level with egress windows
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 and 2018 roof, siding, and gutters, plus fully applianced units.
Where is this duplex located?
The property is located at 221 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 with updated unit interiors; Roof, siding, and gutters were replaced in 2018; Each unit includes a lower level with egress windows
