Four-Unit Residential
305 S Maple St, Black Creek, WI 54106
For Sale
$399,900
Pending
Each residence has a two-bedroom, one-bath layout, with basement storage and shared coin-operated laundry.
Property Size3,520 SF
Days on Market47
Property Features for 305 S Maple St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
separate storage units
coin operated washer & dryer
Building Details
Year Built
Buildings
Listed By:
Tiffany Holtz | Coldwell Banker
(920) 574-4422
Source:
Tiffanyholtz
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 11 at 6:42AM
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 Tiffany Holtz | Coldwell Banker
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Investment Insights
Based on property information with market context.
This 3,520-square-foot quadplex contains four units, each measuring 880 square feet and configured with two bedrooms and one bathroom. The property was built in 1965. Improvements include a 2023 roof, a 2021 boiler, three water heaters installed in 2025, and windows, siding, and insulation updated in 2011.
Basement amenities include individual storage areas and coin-operated laundry equipment. The property is at 305 S Maple St in Black Creek, with a stated drive of 20 minutes to both Appleton and Green Bay.
Basement amenities include individual storage areas and coin-operated laundry equipment. The property is at 305 S Maple St in Black Creek, with a stated drive of 20 minutes to both Appleton and Green Bay.
Key Highlights
- Four residential units, each with 880 square feet, two bedrooms, and one bathroom
- 3,520 square feet total; built in 1965
- Roof replaced in 2023 and boiler updated in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,826
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520
$536.5K
Cap Rate 7%
$383,229
$383.2K
Cap Rate 9%
$298,067
$298.1K
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$40.1K $11.40/SF
− Vacancy
−$1.8K −$0.51/SF
EGI
$38.3K $10.89/SF
− OpEx
−$11.5K −$3.27/SF
NOI
$26.8K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,520
Cap Rate 7%
$383,229
Cap Rate 9%
$298,067
Alternative Uses
Best Use
Multifamily LT 5
$383.2K
$335.3K – $447.1K
NOI $26,826 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$358.7K
$313.9K – $418.5K
NOI $25,109 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$970.5K
$849.2K – $1.13M
NOI $67,936 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
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Business Placement
Demographics for 54106, WI
4,674
Population
2,169
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
94%
High-School Grad
87.4 sq mi
ZIP Area
53
Density / Sq Mi
$88,606
Median Household Income
$50,342
Median Earnings
$764
Median Rent
$254,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a two-bedroom, one-bath layout, with basement storage and shared coin-operated laundry.
Where is this quadplex located?
The property is located at 305 S Maple St Black Creek, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four residential units, each with 880 square feet, two bedrooms, and one bathroom; 3,520 square feet total; built in 1965; Roof replaced in 2023 and boiler updated in 2021
