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Upper-Lower Duplex with Garage
New
For Sale
$159,900

322 W Water Street, Princeton, WI 54968

MULTI_FAMILY - Princeton, WI

Property SizeContact for details
Lot Size0.45 Acres
Days on Market1

Property Features for 322 W Water Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1
Parking features Garage
Appliances 2
Elementary school Princeton
Middle school Princeton
High school Princeton
Elementary school district Princeton
Middle school district Princeton
High school district Princeton
Directions Hwy 23 to Princeton, west on Water Street to address
Subdivision PRINCETON - C
Standard status Active
APN 271002380000
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1504

Utilities

Heating system Radiant

Amenities

hardwood floors
enclosed porch
storage shed

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Listing Agency: Better Homes and Gardens Real Estate Special Properties
Listed By: Jill Ramsey · License #2531494
Added: Aug 10 Last Checked: Aug 10 at 6:06PM
MLS# 2030107

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this upper-lower duplex includes two residences, each arranged with 2 bedrooms and 1 full bathroom. Separate entrances serve the units, while hardwood flooring, an enclosed porch, newer windows, updated electrical, and a new boiler add to the property’s physical appeal. Radiant heating is installed, and the property includes a one-car garage and storage shed.

The 0.45-acre parcel is located at 322 W Water Street in Princeton, Wisconsin, within Green Lake County. R1 zoning is reported for the property. The existing layout could also be converted to a single-family residence, providing an alternate configuration for an owner or purchaser.

Key Highlights

  • Two‑unit upper‑lower duplex with 2 bedrooms and 1 full bathroom per unit
  • Separate entrances provide distinct access to each residence
  • 0.45‑acre lot in Princeton at 322 W Water Street

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 54968, WI

2,963
Population
1,661
Households
1.8
Avg Household Size
52
Median Age
18%
College-Educated
93%
High-School Grad
61.4 sq mi
ZIP Area
48
Density / Sq Mi
$65,650
Median Household Income
$40,625
Median Earnings
$770
Median Rent
$180,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences combine period character with updated mechanical and electrical systems on a spacious residential parcel.
Where is this duplex located?
The property is located at 322 W Water Street Princeton, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑unit upper‑lower duplex with 2 bedrooms and 1 full bathroom per unit; Separate entrances provide distinct access to each residence; 0.45‑acre lot in Princeton at 322 W Water Street
More about this property
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