304 E 4TH Street, Manawa, WI 54949
- Added:
- Jun 24, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 26 at 1:06 pm
Property Features for 304 E 4TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 31 15 33 10
- Size
- 1,808 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2269
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding, Shake Siding
Listing agent Ben Westein (920) 393-0697
Listing office EXP Realty LLC 4321 W College Ave, Suite 200, Middleton, WI (866) 848-6990
Listing date Jun 24, 2026
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Manawa duplex built in 1920 with brick and siding exterior materials
- Each unit has 2 bedrooms and 1 bathroom (upper and lower units)
- Both units were updated within the last 5 years
- Major updates: new roof installed in 2025; upper unit furnace and shared water heater replaced in 2023–2024
- Utilities: tenants pay their own utilities separately; both units are on month‑to‑month leases
- Public water and public sewer available; property currently has no gutters (lower unit needs pet odor remediation)
Overview
The property is zoned for residential use and includes a lot size of approximately 0.3 acres. The current tenants in both units are on month-to-month leases and pay their own utilities separately.
The duplex may be a practical fit for investors or owner-occupants seeking an income property with flexible tenancy terms. The listing reflects the current condition, including a note that the lower unit has a pet odor that will require remediation, and that the property does not currently have gutters. Interior photos are not available per tenant request, so prospective buyers should plan to review the property in person to confirm finishes and condition throughout before making a decision.
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 | $18.4k | $10.20 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $17.2k | $9.54 |
| − OpEx | −$5.2k | −$2.86 |
| NOI | $12.1k | $6.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manawa
- County
- Waupaca
- State
- Wisconsin
- Longitude
- -88.917111
- Latitude
- 44.461173
