Five Duplex Rental
250-260 Meadow Lane Darien, WI 53114
250-260 Meadow Lane, Darien, WI, 53114
$2,700,000
For Sale
$2,700,000
Five duplex buildings sold together, offering 10 units with attached two-car garages and full basements.
Property Size19,200 SF
Price / SF$140.63
Days on Market154
Property Features for 250-260 Meadow Lane
General Information
- Standard status
- Active
- Size
- 19,200 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 2007
Listing agency
Bear Realty Of Burlington
(480) 280-5880
Listed by
Kyle Scott · License #59736-90
(480) 280-5880
Source
Compass
Added: Feb 17 Updated: Jul 21 at 7:48AM Checked: Jul 21 at 7:48AM
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 Bear Realty Of Burlington
Investment Insights
Based on property information with market context.
Rare offering of five duplex buildings sold together in Darien. The portfolio totals 10 residential units, with each spacious unit featuring just under 2,000 square feet of living space, 4 bedrooms, 2.5 bathrooms, and a full basement.
Each unit includes a two-car attached garage, providing dedicated parking and straightforward day-to-day access for residents. The duplex configuration offers multiple rental residences within a single consolidated ownership structure.
The layouts are designed for comfortable, tenant-ready living space, supporting either rental occupancy across the portfolio or owner-occupancy in one unit while generating income from the remaining homes.
Each unit includes a two-car attached garage, providing dedicated parking and straightforward day-to-day access for residents. The duplex configuration offers multiple rental residences within a single consolidated ownership structure.
The layouts are designed for comfortable, tenant-ready living space, supporting either rental occupancy across the portfolio or owner-occupancy in one unit while generating income from the remaining homes.
Key Highlights
- Five duplex buildings sold together, totaling 10 residential units
- Each unit offers just under 2,000 sq ft with 4 bedrooms and 2.5 bathrooms
- All units include a full basement with laundry facilities
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 | $311.0k | $16.20 |
| − Vacancy | −$15.6k | −$0.81 |
| EGI | $295.5k | $15.39 |
| − OpEx | −$88.6k | −$4.62 |
| NOI | $206.8k | $10.77 |
19,200 SF · lease $16.20/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.95M
$2.59M – $3.45M
NOI $206,842 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$2.75M
$2.41M – $3.21M
NOI $192,418 @ 7.0% cap · market cap 7.13%
Theoretical Best
Specialty Retail
$3.71M
$3.24M – $4.32M
NOI $259,373 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Five duplex buildings sold together, offering 10 units with attached two-car garages and full basements.
Where is this duplex located?
The property is located at 250-260 Meadow Lane Darien, WI.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Five duplex buildings sold together, totaling 10 residential units; Each unit offers just under 2,000 sq ft with 4 bedrooms and 2.5 bathrooms; All units include a full basement with laundry facilities
