Tri-Level Duplex with Attached
For Sale
Contact for pricing
5101-5103 Black Walnut Drive, Mc Farland, WI 53558
Both units offer three bedrooms, three full baths, decks, and finished lower-level living space.
Property Size3,480 SF
Price / SF$179.60
Days on Market10
Property Features for 5101-5103 Black Walnut Drive
General Information
Standard status
Active
Size
3,480 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
R2
Occupancy
100%
Net Operating Income
$27,628
Amenities
fireplace
deck
washer/dryer
storage
Building Details
Year Built
2002
Buildings
1
Stories
3
Units
2
Tenancy
Multi
Listing Agency:
Restaino & Associates
(608) 770-5757
Listed By:
Judy Kalscheur · License #56712-90
Source:
Crexi
Added: Jul 26
Changed: Aug 3
Last Checked: Aug 4 at 3:07PM
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 Restaino & Associates
Investment Insights
Based on property information with market context.
This tri-level duplex contains two 1,740-square-foot units, each arranged with three bedrooms and three full bathrooms. The interiors include living rooms with fireplaces, kitchens, dining areas, upstairs laundry, and finished lower-level rooms that can function as bedrooms or family rooms. Full basements provide additional storage, while each residence has a deck and a two-car attached garage.
Built in 2002, the property is located on Black Walnut Drive in McFarland, Wisconsin, within an R2-zoned setting. Long-term tenants occupy both units, providing established occupancy for an owner seeking a residential income property or an owner-occupant arrangement.
Built in 2002, the property is located on Black Walnut Drive in McFarland, Wisconsin, within an R2-zoned setting. Long-term tenants occupy both units, providing established occupancy for an owner seeking a residential income property or an owner-occupant arrangement.
Key Highlights
- Two 1,740 sq. ft. units with three bedrooms and three full baths each
- Tri‑level layout with finished lower‑level bedroom or family‑room space
- Two‑car attached garage included with each unit
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 | $48.0k | $13.80 |
| − Vacancy | −$2.4k | −$0.69 |
| EGI | $45.6k | $13.11 |
| − OpEx | −$13.7k | −$3.93 |
| NOI | $31.9k | $9.18 |
3,480 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.2K
$399.2K – $532.3K
NOI $31,936 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$401.1K
$351.0K – $467.9K
NOI $28,076 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$808.7K
$707.6K – $943.5K
NOI $56,608 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 53558, WI
12,666
Population
5,414
Households
2.3
Avg Household Size
41
Median Age
49%
College-Educated
98%
High-School Grad
17.4 sq mi
ZIP Area
728
Density / Sq Mi
$107,167
Median Household Income
$62,390
Median Earnings
$1,501
Median Rent
$377,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units offer three bedrooms, three full baths, decks, and finished lower-level living space.
Where is this duplex located?
The property is located at 5101-5103 Black Walnut Drive Mc Farland, WI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two 1,740 sq. ft. units with three bedrooms and three full baths each; Tri‑level layout with finished lower‑level bedroom or family‑room space; Two‑car attached garage included with each unit
