Brick Two-Unit Corner
231 4th Street Baraboo, WI 53913
231 4th Street, Baraboo, WI, 53913
$310,000
For Sale
$310,000
Solid brick two-unit rental on a corner lot, offered for sale in Baraboo, Wisconsin.
Property Size2,600 SF
Price / SF$119.23
Days on Market63
Property Features for 231 4th Street
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multi Family / 2 story
Building Details
- Year Built
- 1940
Listing agency
EXIT Realty HGM
(608) 563-2272
Listed by
John Schneider · License #73373-94
(608) 563-2272
Source
Compass
Added: May 20 Updated: Jul 21 at 2:21AM Checked: Jul 21 at 6:33AM
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 EXIT Realty HGM
Investment Insights
Based on property information with market context.
This solid brick two-unit rental property features a corner lot setting and a straightforward duplex configuration. It is being offered for sale as a residential income asset suitable for both owner-occupancy and investment use.
The property is located in Baraboo, near schools, parks, and local amenities, with convenient access to community services.
With two rental units in place, the building provides an income-producing setup for buyers seeking a multifamily residential asset.
The property is located in Baraboo, near schools, parks, and local amenities, with convenient access to community services.
With two rental units in place, the building provides an income-producing setup for buyers seeking a multifamily residential asset.
Key Highlights
- Solid brick two‑unit rental on a corner lot in Baraboo, WI
- Year built 1940 with exterior of aluminum/steel and brick
- Partial basement
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 | $35.9k | $13.80 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $33.9k | $13.04 |
| − OpEx | −$10.2k | −$3.91 |
| NOI | $23.7k | $9.13 |
2,600 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.1K
$296.7K – $395.6K
NOI $23,735 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$307.4K
$269.0K – $358.7K
NOI $21,519 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$526.3K
$460.5K – $614.0K
NOI $36,841 @ 7.0% cap · market cap 11.88%
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 - Solid brick two-unit rental on a corner lot, offered for sale in Baraboo, Wisconsin.
Where is this duplex located?
The property is located at 231 4th Street Baraboo, WI.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Solid brick two‑unit rental on a corner lot in Baraboo, WI; Year built 1940 with exterior of aluminum/steel and brick; Partial basement
