Cambridge Duplex with Updated
417-419 Simonson Street Cambridge, WI 53523
417-419 Simonson Street, Cambridge, WI, 53523
$385,000
For Sale
$385,000
Updated duplex in Cambridge, convenient location, ideal for owner-occupancy.
Property Size1,920 SF
Price / SF$200.52
Days on Market122
Property Features for 417-419 Simonson Street
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Multi Family / Duplex-side by side
Building Details
- Year Built
- 1974
Listing Agency
Compass
(608) 212-2928
Listed by
Wanda Roche · License #55766-90
(608) 212-2928
Source
Compass
Added: Mar 19 Checked: Jul 17 at 4:32 am
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 Compass
Investment Insights
Based on property information with market context.
This Cambridge duplex presents an opportunity for either owner-occupancy or investment. The property is conveniently located with quick access to Hwy 12/18 and I-90, facilitating daily commutes. Unit 419 has been updated over the past 10 years, including new carpet and pad in 2020, a new garage door in 2024, and a complete kitchen remodel in 2016. Unit 417 features new carpet installed in 2023, air conditioning installed in 2022, and a dishwasher installed in 2025. Leases are on file. The property includes a joint driveway agreement. The property size is 1920 square feet.
Key Highlights
- Duplex: Ideal for owner‑occupancy or investment
- Convenient Location: Quick access to Hwy 12/18 and I‑90
- Updated Units: Unit 419 has a remodeled kitchen, new carpet & pad, and garage door; Unit 417 features new carpet, A/C, and dishwasher
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 | $26.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.69 |
| EGI | $25.2k | $13.11 |
| − OpEx | −$7.6k | −$3.93 |
| NOI | $17.6k | $9.18 |
1,920 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$251.7K
$220.3K – $293.7K
NOI $17,620 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$221.3K
$193.6K – $258.2K
NOI $15,490 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$446.2K
$390.4K – $520.5K
NOI $31,232 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex in Cambridge, convenient location, ideal for owner-occupancy.
Where is this duplex located?
The property is located at 417-419 Simonson Street Cambridge, WI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Duplex: Ideal for owner‑occupancy or investment; Convenient Location: Quick access to Hwy 12/18 and I‑90; Updated Units: Unit 419 has a remodeled kitchen, new carpet & pad, and garage door; Unit 417 features new carpet, A/C, and dishwasher
