Side-by-Side Duplex with
New
For Sale
$259,000
3017-3019 Bush Street, Stevens Point, WI 54481
Two units feature open layouts, vaulted ceilings, first-floor laundry, and private side yards.
Property Size1,664 SF
Price / SF$155.65
Days on Market7
Property Features for 3017-3019 Bush Street
General Information
Standard status
Active
Size
1,664 SF
Property subtype
Residential Income
Amenities
vaulted ceilings
open-concept layout
first-floor laundry
walk-in closet
private side yard
Building Details
Tenancy
Multi
Listing Agency:
NEXTHOME PRIORITY
(715) 347-4247
Listed By:
NATE OLSON · License #92741-94,PersonLicenseNumber
(715) 347-4247
Source:
Exprealty
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 6:28AM
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 NEXTHOME PRIORITY
Investment Insights
Based on property information with market context.
Located at 3017-3019 Bush Street in Stevens Point, this 1,664-square-foot duplex is arranged as two side-by-side residences with a garage positioned between them. Each unit includes an open-concept living area, vaulted ceilings, first-floor laundry, and a flexible additional room with a walk-in closet. The layout supports comfortable separation between the residences while providing practical everyday features.
Each side also has a private yard, adding outdoor space and reinforcing the property’s distinct unit configuration. The residences can accommodate an owner-occupant arrangement or be leased as separate units, subject to the applicable terms and requirements.
Each side also has a private yard, adding outdoor space and reinforcing the property’s distinct unit configuration. The residences can accommodate an owner-occupant arrangement or be leased as separate units, subject to the applicable terms and requirements.
Key Highlights
- 1,664 SF side‑by‑side duplex at 3017‑3019 Bush Street
- Garage positioned between the two residential units
- Open‑concept layouts with vaulted ceilings in each unit
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 | $21.0k | $12.60 |
| − Vacancy | −$1.2k | −$0.73 |
| EGI | $19.8k | $11.87 |
| − OpEx | −$5.9k | −$3.56 |
| NOI | $13.8k | $8.31 |
1,664 SF · lease $12.60/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.5K
$172.8K – $230.5K
NOI $13,827 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$176.8K
$154.7K – $206.3K
NOI $12,375 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$323.8K
$283.4K – $377.8K
NOI $22,668 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 54481, WI
28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two units feature open layouts, vaulted ceilings, first-floor laundry, and private side yards.
Where is this duplex located?
The property is located at 3017-3019 Bush Street Stevens Point, WI.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,664 SF side‑by‑side duplex at 3017‑3019 Bush Street; Garage positioned between the two residential units; Open‑concept layouts with vaulted ceilings in each unit
