Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tenant-Occupied Duplex Near Downtown Shawano Title is generated by Realmo AI

    516 East Randall Street, Shawano, WI 54166

    View on Map
    Claim this Listing
    For Sale
    $180,000

    Turn-key duplex on corner lot near schools and downtown.

    Type:Multifamily / Duplex (2 Unit)
    Property size:
    2,132 SF
    Price / SF:
    $84/SF
    Added:
    Jan 23, 2026
    Days on Market:
    130
    Last Refresh:
    Mar 13 at 6:45 pm

    Property Features for 516 East Randall Street

    General Information

    Standard status
    Active
    Size
    2,132 SF
    Property subtype
    Multifamily / Duplex (2 Unit)

    Building Details

    Year Built
    1890

    We can help!

    Listing Contact
    Stephanie Rydzewski
    Stephanie Rydzewski

    Listing agent Stephanie Rydzewski License #90-60376

    Listing office Evermore Realty

    Listing date Jan 23, 2026

    Source Compass

    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 Evermore Realty

    HighLights

    • Turn‑key duplex providing immediate rental income with existing tenants and leases in place.
    • Convenient location near schools, parks, shopping, and downtown Shawano.
    • Each unit has 2 bedrooms and 1 full bath, appealing to a wide range of renters.
    • Upper unit features updated flooring and a nicely updated kitchen.
    • Main‑floor unit has beautiful original woodwork and charming pocket doors.
    • Both units include air conditioning.

    Overview

    This is a tenant-occupied duplex situated on a corner lot, offering proximity to schools, parks, shopping, and downtown Shawano. Each unit features 2 bedrooms and 1 full bath. The upper unit includes updated flooring, a kitchen, and a dedicated laundry area. The main-floor unit showcases original woodwork and pocket doors. Both units are equipped with air conditioning. The property represents an investment opportunity in a convenient location with leases in place for rental income. The property size is 2132 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawano
    County
    Shawano
    State
    Wisconsin
    Longitude
    -88.60183
    Latitude
    44.77699

    Nearby Similar for Sale

    • $1,490,000
      5,846 SF

      Two Car Washes For Sale

      Two cash flowing car washes in Wisconsin for sale.
      1272 E GREEN BAY STREET, Shawano, WI 54166
      View Details
    • $485,000

      Historic Farmhouse on Two Acres

      Beautifully maintained 6-bedroom farmhouse on 2 acres in Shawano.
      W7553 Belle Plaine Ave, Shawano, WI 54166
      View Details
    • Contact for pricing

      Walgreens Investment Property For Sale

      Absolute NNN Walgreens in Shawano, WI with drive-thru.
      401 E Green Bay St, Shawano, WI 54166
      View Details
    • $1,475,000
      15,238 SF

      Downtown Shawano Retail Center

      Fully leased retail center with long-term tenants and upside potential.
      212 E Green Bay St, Shawano, WI
      View Details
    • $399,900
      6,160 SF

      Established Restaurant with Income Potential

      Restaurant with apartments and retail space for sale.
      220 South Main Street, Shawano, WI 54166,
      View Details
    • $7
      23,120 SF

      Prime Retail Space in Shawano

      Large building with parking and display area in Shawano.
      1313 E GREEN BAY STREET, Shawano, WI 54166
      View Details
    • $8
      2,440 SF

      Highway 22 Commercial Spaces Available

      Commercial spaces available on Highway 22, Shawano, Wisconsin.
      N4531 STATE HIGHWAY 22, Shawano, WI 54166
      View Details
    • $1,324,663
      7,700 SF

      Shawano Office Building For Sale

      Office building in Shawano, WI with State of WI leases.
      1340 E Green Bay St, Shawano, WI 54166
      View Details

    FAQs

    What type of property is this?
    Duplex - Turn-key duplex on corner lot near schools and downtown.
    Where is this duplex located?
    The property is located at 516 East Randall Street Shawano, WI.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Turn‑key duplex providing immediate rental income with existing tenants and leases in place.; Convenient location near schools, parks, shopping, and downtown Shawano.; Each unit has 2 bedrooms and 1 full bath, appealing to a wide range of renters.
    (715) 853-8473
    We can help!
    Listing Contact
    Stephanie Rydzewski
    Stephanie Rydzewski
    Real Estate License ID: 90-60376
    Learn More
    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

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    516 East Randall Street, Shawano, WI 54166
    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!