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Remodeled Two-Family Duplex
New
For Sale
$179,900

323 5th St, Algoma, WI 54201

Interior updates, separate utilities, basement access, and unit-specific appliances support the property’s two-unit configuration.

Property Size2,242 SF
Price / SF$80.24
Days on Market2

Property Features for 323 5th St

General Information

Standard status Active
Size 2,242 SF
Property subtype Multi-Family

Building Details

Year Built 1930
Listing Agency: Resource One Realty, LLC
Listed By: Diane Campshure Walczyk · License #91700983
Source: Moving2greenbay
Added: Sep 19 Last Checked: Sep 19 at 2:47PM

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 Resource One Realty, LLC

Investment Insights

Based on property information with market context.

This 2,242-square-foot duplex in Algoma was built in 1930 and provides two separate residential units. The first floor includes two bedrooms, with an additional room currently used for storage that could serve as a third bedroom. The upper unit has three bedrooms. Each unit includes appliances and a dishwasher, while separate utilities and basement access add functional separation between the units.

Property improvements include a remodeled interior, updated vinyl windows, a steel roof, and an all-brick exterior. The property is located at 323 5th St and is within minutes of Lake Michigan. The two-family layout supports residential income use, including month-to-month or lease arrangements as described in the property information.

Key Highlights

  • 2,242‑square‑foot two‑family duplex in Algoma
  • First‑floor unit with 2 bedrooms plus a storage room that could serve as a third bedroom
  • Upper unit includes 3 bedrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Hair Salon Pharmacy Electrical Service

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

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 54201, WI

5,281
Population
2,603
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
92%
High-School Grad
75.5 sq mi
ZIP Area
70
Density / Sq Mi
$65,772
Median Household Income
$39,787
Median Earnings
$823
Median Rent
$174,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Interior updates, separate utilities, basement access, and unit-specific appliances support the property’s two-unit configuration.
Where is this duplex located?
The property is located at 323 5th St Algoma, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 2,242‑square‑foot two‑family duplex in Algoma; First‑floor unit with 2 bedrooms plus a storage room that could serve as a third bedroom; Upper unit includes 3 bedrooms
More about this property
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