Tenant-Occupied
New
For Sale
$320,000
2224-2226 Kane Street, La Crosse, WI 54603
Both residences are currently rented, providing existing occupancy at the property.
Property Size1,440 SF
Price / SF$222.22
Days on Market6
Property Features for 2224-2226 Kane Street
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Gross Income
$30,000
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,337
Listing Agency:
@properties La Crosse
(608) 781-2116
Listed By:
Drake Dickson · License #9364394
(608) 487-3240
Source:
Exprealty
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 2:43PM
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 @properties La Crosse
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,440-square-foot duplex contains two residences, both currently occupied by tenants. The property is located on Kane Street in La Crosse, Wisconsin.
Key Highlights
- Two‑unit duplex totaling 1,440 square feet
- Both units are currently rented
- Located at 2224‑2226 Kane Street in La Crosse, WI 54603
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,006
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,120
$260.1K
Cap Rate 7%
$185,800
$185.8K
Cap Rate 9%
$144,511
$144.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$19.9K $13.80/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$18.6K $12.90/SF
− OpEx
−$5.6K −$3.87/SF
NOI
$13.0K $9.03/SF
Area
La Crosse County, WI
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,120
Cap Rate 7%
$185,800
Cap Rate 9%
$144,511
Alternative Uses
Best Use
Multifamily LT 5
$185.8K
$162.6K – $216.8K
NOI $13,006 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$167.2K
$146.3K – $195.1K
NOI $11,703 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$314.9K
$275.6K – $367.4K
NOI $22,045 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 54603, WI
14,203
Population
7,168
Households
2
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,596
Density / Sq Mi
$49,693
Median Household Income
$37,917
Median Earnings
$936
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are currently rented, providing existing occupancy at the property.
Where is this duplex located?
The property is located at 2224-2226 Kane Street La Crosse, WI.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,440 square feet; Both units are currently rented; Located at 2224‑2226 Kane Street in La Crosse, WI 54603
