517-519 E Holum Street, De Forest, WI 53532
Spacious duplex with updated interiors, two full bathrooms per unit, and lower-level den space for flexible living or work.
- Added:
- Jun 3, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 20 at 7:29 am
Property Features for 517-519 E Holum Street
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing agent Michael Ferraro License #WI 88570-94
Listing office Ferraro Real Estate Team (608) 235-1233
Listing date Jun 3, 2026
Source Crexi
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 Ferraro Real Estate Team
HighLights
- Side‑by‑side ranch duplex built in 1980 with 2 units, each featuring 3 bedrooms and 2 full bathrooms
- Unit sizes approximate 1,800 SF and 2,000 SF, each with a large lower‑level den for flexible living or workspace
- Meaningful interior updates include new flooring, renovated bathrooms, some updated lighting, and select new doors
- One unit includes an egress window, supporting potential future layout changes
- Potential to convert each side into a 4‑bedroom, 2‑bath layout
- Current rents are $2,200 and $2,715
Overview
Located at 517-519 E Holum Street in DeForest, the duplex provides a clear two-home arrangement under one ownership with ample interior space on each side. The left side is approximately 1,800 square feet and the right side is approximately 2,000 square feet, with both units offering the same core bedroom and bathroom configuration today.
For buyers, the property supports straightforward rental use while giving owners flexibility to reconfigure either side toward a four-bedroom, two-bath layout, subject to the needed conversion work. Current rents are $2,200 and $2,715, providing income from day one. The combination of meaningful updates and adaptable interior space makes the duplex workable for investors and owner-occupants who want control over how each unit is ultimately used.
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 | $52.4k | $13.80 |
| − Vacancy | −$2.6k | −$0.69 |
| EGI | $49.8k | $13.11 |
| − OpEx | −$14.9k | −$3.93 |
| NOI | $34.9k | $9.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- De Forest
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.335435
- Latitude
- 43.247407
