Search
Two-Unit Duplex with Garages
For Sale
$219,900

507 4th Street, Mosinee, WI 54455

Two independently accessed living areas have separate electrical panels and water heaters, while sharing heating and central air.

Property Size1,376 SF
Price / SF$159.81
Days on Market8

Property Features for 507 4th Street

General Information

Standard status Active
Size 1,376 SF
Property subtype Multi-Family

Building Details

Year Built 1937
Listing Agency: Coldwell Banker- Siewert Realtors
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 12 at 7:40PM

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 Coldwell Banker- Siewert Realtors

Investment Insights

Based on property information with market context.

Built in 1937, this 1,376-square-foot duplex has two living areas, each with a separate entrance and kitchen. The main-floor unit includes two bedrooms, a bonus room, one bathroom, a formal dining room, and a living room with a gas fireplace insert. The upper unit has three bedrooms and one bathroom. Two two-car garages serve the property, with access from a right-of-way driveway and an alley.

The property has central air, a furnace installed in 2020, and a gas water heater installed in 2021. Electrical panels and water heaters are separate, but the units share the furnace and central air; gas and water are master-metered. Located at 507 4th Street in Mosinee, Wisconsin, the duplex also features an enclosed front porch and upgraded vinyl windows.

Key Highlights

  • Two living areas, each with its own entrance and kitchen
  • 1,376 square feet; built in 1937
  • Two 2‑car garages, accessed by a right‑of‑way driveway and an alley

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,505
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,100 $230.1K
Cap Rate 7%
$164,357 $164.4K
Cap Rate 9%
$127,833 $127.8K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$17.3K $12.60/SF
− Vacancy
−$902 −$0.66/SF
EGI
$16.4K $11.94/SF
− OpEx
−$4.9K −$3.58/SF
NOI
$11.5K $8.36/SF
Area
Marathon County, WI
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,100
Cap Rate 7%
$164,357
Cap Rate 9%
$127,833

Alternative Uses

Best Use
Multifamily LT 5
$164.4K
$143.8K – $191.8K (±1% cap)
NOI $11,505 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$148.2K
$129.7K – $172.9K (±1% cap)
NOI $10,375 @ 7.0% cap · market cap 4.72%
Theoretical Best
Specialty Retail
$254.2K
$222.5K – $296.6K (±1% cap)
NOI $17,796 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service Pharmacy Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

197
Businesses Nearby

Demographics for 54455, WI

18,897
Population
8,058
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
80
Density / Sq Mi
$94,609
Median Household Income
$50,076
Median Earnings
$1,041
Median Rent
$226,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two independently accessed living areas have separate electrical panels and water heaters, while sharing heating and central air.
Where is this duplex located?
The property is located at 507 4th Street Mosinee, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two living areas, each with its own entrance and kitchen; 1,376 square feet; built in 1937; Two 2‑car garages, accessed by a right‑of‑way driveway and an alley
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
Why this one?
Saved
Reason not saved — we won't ask again