Updated Duplex with Private
503 West Rollin Street Edgerton, WI 53534
503 West Rollin Street, Edgerton, WI, 53534
$250,000
For Sale
$250,000
Two-unit duplex with updated interiors, in-unit laundry in the lower unit, and a new roof completed in 2025.
Property Size1,950 SF
Price / SF$128.21
Days on Market162
Property Features for 503 West Rollin Street
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Multi Family / 2 flat-up and down
Building Details
- Year Built
- 1897
Listing agency
EXP Realty, LLC
(608) 838-1377
Listed by
Jo Ferraro Real Estate Team
(608) 838-1377
Source
Compass
Added: Feb 10 Updated: Jul 20 at 7:11PM Checked: Jul 20 at 7:11PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This duplex offers two separate units with a number of recent improvements. The upper unit has updated flooring, fresh paint, and new light fixtures. The lower unit features a private basement with in-unit laundry and additional storage. A new roof was completed in 2025.
Per the provided information, the lower unit is occupied by a long-term tenant and is currently leased at $1,200 per month. The upper unit is leased at $1,400 per month on a month-to-month basis.
For buyers seeking a property with existing income and multiple updates already in place, this duplex presents a straightforward, turnkey configuration with distinct unit amenities and a roof replacement scheduled and completed within the last year.
Per the provided information, the lower unit is occupied by a long-term tenant and is currently leased at $1,200 per month. The upper unit is leased at $1,400 per month on a month-to-month basis.
For buyers seeking a property with existing income and multiple updates already in place, this duplex presents a straightforward, turnkey configuration with distinct unit amenities and a roof replacement scheduled and completed within the last year.
Key Highlights
- Duplex built in 1897 with natural gas forced‑air heating
- New roof completed in 2025
- Lower unit includes private basement with in‑unit laundry and additional storage
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 | $26.9k | $13.80 |
| − Vacancy | −$1.2k | −$0.62 |
| EGI | $25.7k | $13.18 |
| − OpEx | −$7.7k | −$3.95 |
| NOI | $18.0k | $9.23 |
1,950 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.0K
$224.9K – $299.8K
NOI $17,989 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.6K
NOI $15,815 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$468.6K
$410.0K – $546.7K
NOI $32,802 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with updated interiors, in-unit laundry in the lower unit, and a new roof completed in 2025.
Where is this duplex located?
The property is located at 503 West Rollin Street Edgerton, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex built in 1897 with natural gas forced‑air heating; New roof completed in 2025; Lower unit includes private basement with in‑unit laundry and additional storage
