Advertise
    Location, address, ZIP or keywords
    Back to Search
    Renovated Duplex in Chetek, WI

    324 Douglas Street Chetek, WI 54728

    324 Douglas Street, Chetek, WI, 54728
    $314,900
    For Sale
    Claim this Listing
    $314,900

    MULTI_FAMILY - Chetek, WI

    Property Size2,900 SF
    Lot Size0.14 Acres
    Price / SF$108.59
    AddedMay 22
    Days on Market56
    Last RefreshJul 16 at 2:06 am

    Property Features for 324 Douglas Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Appliances
    Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    211-1802-39-000
    Size
    2,900 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lots 11 & 12 Blk 4 Second Addition City of Chetek
    Tax Annual Amount
    1635

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    VinylSiding

    Listing agent Joshua Amys License #85884-94

    Listing office Keller Williams Realty Diversified 4330 Golf Terrace, #103, Eau Claire, WI

    Listing date May 22, 2026

    MLS# 1601455 Listing URL

    Copyright © 2026 REALTORS® Association of Northwestern 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.

    This newly renovated duplex is located in Chetek, WI. The property features two expansive units, each offering 3 bedrooms and 2 bathrooms. Each unit includes a private owner's suite, tall ceilings, and an open-concept floor plan. The property is tenant-ready and ideally located within walking distance to schools, parks, local amenities, and the Chetek Chain of Lakes. It offers excellent rental potential and is currently vacant. The property size is 2900 square feet and the lot size is 0.135 acres.

    Key Highlights

    • Newly renovated duplex with two 3‑bed, 2‑bath units
    • Each unit features a private owner's suite
    • Located within walking distance to schools, parks, local amenities, and the Chetek Chain of Lakes

    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 $19.5k $6.72
    − Vacancy −$1.2k −$0.40
    EGI $18.3k $6.32
    − OpEx −$5.5k −$1.90
    NOI $12.8k $4.42
    2,900 SF · lease $6.72/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $183.2K
    $160.3K – $213.7K (±1% cap)
    NOI $12,823 @ 7.0% cap · market cap 4.07%
    Second Best
    Apartment 5plus
    $172.3K
    $150.8K – $201.1K (±1% cap)
    NOI $12,064 @ 7.0% cap · market cap 3.83%
    Theoretical Best
    Warehouse
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,105 @ 7.0% cap · market cap 51.80%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store HVAC Service Dental Office Pharmacy Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar For Sale Nearby

    • $875,000
      1,656 SF

      Resort and Campground with Restaurant

      Turnkey bar and full-service dine-in restaurant paired with a seasonal campground and boat slips on level lake frontage.
      N1211 N Potato Lake Road, Chetek, WI 54728
      View Details
    • $450,000
      11,214 SF

      Heated Flex Industrial Building

      Heated commercial/industrial facility with multiple overhead doors, compressed air, and office space for versatile operations.
      521 Knapp Street, Chetek, WI 54728
      View Details
    • $584,900
      18,460 SF

      Industrial Manufacturing Building

      Industrial facility includes finished office space, cold storage, and four overhead doors on a city-improved lot.
      1110 W Center Street, Chetek, WI 54728
      View Details
    • $599,900
      18,460 SF

      Chetek Industrial/Manufacturing Building For Sale

      18,460 SF industrial/manufacturing building on 2.19-acre lot.
      1110 W Center St, CHETEK, WI, 54728-9620
      View Details
    • $124,900
      1,500 SF

      Chetek, WI Storage Condominiums

      Upscale 1500 SF storage condominiums with lake access potential.
      2788A 7 5/8 Avenue, Chetek, WI 54728
      View Details
    • $124,900
      1,500 SF

      Upscale Storage Condominium Development

      1500 SF steel storage units with lake access available.
      2788A 7 5/8 Avenue, Chetek, WI 54728
      View Details
    • $119,900
      1,500 SF

      Upscale Storage Condominium Units Available

      New 1500 SF steel storage units with lake access.
      2788 7 5/8 Avenue, Chetek, WI 54728
      View Details
    • $299,900
      1,641 SF

      Chetek Commercial Building For Sale

      1,641 SF building suitable for medical or office use.
      202 Kleve Street, Chetek, WI 54728
      View Details
    • $649,900
      57,620 SF

      Industrial Property with 57,620 SqFt

      Industrial property featuring 57,620 SqFt of space for sale.
      625 4th St, Chetek, WI 54728
      View Details

    FAQs

    What type of property is this?
    Duplex - Newly renovated duplex with two 3-bed, 2-bath units.
    Where is this duplex located?
    The property is located at 324 Douglas Street Chetek, WI.
    What is the asking price?
    The asking price for this property is $314,900.
    What are key features of this property?
    This property features: Newly renovated duplex with two 3‑bed, 2‑bath units; Each unit features a **private owner's suite**; Located within walking distance to schools, parks, local amenities, and the Chetek Chain of Lakes
    Contact an agent
    (715) 642-0567
    We can help!
    Contact an agent
    Joshua Amys
    Joshua Amys
    Real Estate License ID: 85884-94
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    324 Douglas Street, Chetek, WI 54728
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!