2-Unit Duplex with
For Sale
$149,900
312 E Jefferson St, Waupun, WI 53963
One residence is rented, while the other is vacant for a new tenant or owner occupancy.
Property Size1,640 SF
Price / SF$91.40
Days on Market49
Property Features for 312 E Jefferson St
General Information
Standard status
Active
Size
1,640 SF
Property subtype
Multi-Family
Building Details
Year Built
1914
Listing Agency:
Boardwalk Realty LLC
Listed By:
Roxanne Martens · License #44273
Source:
Milwaukeeforeverhome
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 3 at 3:29AM
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 Boardwalk Realty LLC
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Investment Insights
Based on property information with market context.
This 2-unit duplex contains 1,640 square feet and was built in 1914. The property has one occupied residence and a second unit that is currently vacant, creating flexibility for continued rental use or owner occupancy.
Located at 312 E Jefferson St in Waupun, Wisconsin, the property is near local shops, restaurants, schools, parks, and other area amenities. Its two-unit configuration supports both rental operation and an owner-occupancy arrangement.
Located at 312 E Jefferson St in Waupun, Wisconsin, the property is near local shops, restaurants, schools, parks, and other area amenities. Its two-unit configuration supports both rental operation and an owner-occupancy arrangement.
Key Highlights
- 2‑unit duplex with 1,640 square feet
- One unit is currently rented
- Second unit is vacant for a new tenant or owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,579
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,580
$271.6K
Cap Rate 7%
$193,986
$194.0K
Cap Rate 9%
$150,878
$150.9K
Market Conditions
NOI Build-Up for 1,640 SF
Gross rent
$25.6K $15.60/SF
− Vacancy
−$895 −$0.55/SF
EGI
$24.7K $15.05/SF
− OpEx
−$11.1K −$6.77/SF
NOI
$13.6K $8.28/SF
Area
Dodge County, WI
Vacancy
3.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,580
Cap Rate 7%
$193,986
Cap Rate 9%
$150,878
Alternative Uses
Best Use
Multifamily LT 5
$209.3K
$183.1K – $244.2K
NOI $14,651 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$194.0K
$169.7K – $226.3K
NOI $13,579 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$356.3K
$311.7K – $415.6K
NOI $24,938 @ 7.0% cap · market cap 16.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
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Business Placement
Demographics for 53963, WI
14,078
Population
4,807
Households
2.9
Avg Household Size
39
Median Age
16%
College-Educated
91%
High-School Grad
89.8 sq mi
ZIP Area
157
Density / Sq Mi
$73,945
Median Household Income
$43,686
Median Earnings
$839
Median Rent
$182,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is rented, while the other is vacant for a new tenant or owner occupancy.
Where is this duplex located?
The property is located at 312 E Jefferson St Waupun, WI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2‑unit duplex with 1,640 square feet; One unit is currently rented; Second unit is vacant for a new tenant or owner occupancy
