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    Side-by-Side Ranch Duplex Title is generated by Realmo AI

    517-519 E Holum Street, De Forest, WI 53532

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    Claim this Listing
    New
    For Sale
    $600,000

    MULTI_FAMILY - DeForest, WI

    Property size:
    3,800 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $157/SF
    Added:
    Jun 12, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 12 at 9:06 pm

    Property Features for 517-519 E Holum Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Res
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6
    Parking features
    Garage
    Appliances
    2
    Standard status
    Active
    APN
    0910-172-7501-4
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7441

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1980
    Floors in Building
    1
    Number of units
    2

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    Listing Contact
    Ferraro Real Estate Team

    Listing agent Ferraro Real Estate Team

    Listing office EXP Realty, LLC 4810 Larson Beach Rd, Middleton, WI

    Listing date Jun 12, 2026

    MLS# 2025008 Listing URL

    Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Side‑by‑side ranch duplex built in 1980 with two units
    • Each unit currently offers 3 bedrooms and 2 full bathrooms
    • Approx. 1,800 SF on one side and approx. 2,000 SF on the other
    • Interior updates include new flooring, renovated bathrooms, some updated lighting, and select new doors
    • Lower‑level den/flex space on both sides; one unit has an egress window in place
    • Current rents: $2,200 and $2,715; Forced air heating and garage parking

    Overview

    This side-by-side ranch duplex offers two separate units, each currently laid out with three bedrooms and two full bathrooms. Both sides include a large lower-level den that can function as additional living space, a home office, or a future bedroom conversion depending on configuration. Interior updates include new flooring, renovated bathrooms, some updated lighting, and select new doors. The property also notes potential to reconfigure each side into a 4-bedroom, 2-bath layout, with one unit already having an egress window in place.

    Located at 517-519 E Holum Street in DeForest, Wisconsin, the duplex sits on a 0.24-acre lot. The listing states each unit maintains its own updated finishes and layout, supporting an owner-occupant or investment approach.

    From a tenant or buyer fit perspective, the combination of sizeable, updated living areas and flexible lower-level space makes these units practical for households that need extra room for work or multi-purpose use. The listing also provides current rent figures of $2,200 and $2,715 per unit, which can help an investor underwrite the property based on existing income while considering the stated bedroom-expansion possibilities.

    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
    3,800 SF · lease $13.80/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $498.2K
    $435.9K – $581.2K (±1% cap)
    NOI $34,873 @ 7.0% cap · market cap 5.81%
    Second Best
    Apartment 5plus
    $438.0K
    $383.2K – $511.0K (±1% cap)
    NOI $30,658 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Office A
    $883.0K
    $772.7K – $1.03M (±1% cap)
    NOI $61,813 @ 7.0% cap · market cap 10.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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 Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    De Forest
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.335478
    Latitude
    43.247393

    FAQs

    What type of property is this?
    Duplex - Spacious side-by-side duplex with updated interiors, two 3BR/2BA units, and large lower-level den flex space.
    Where is this duplex located?
    The property is located at 517-519 E Holum Street De Forest, WI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Side‑by‑side ranch duplex built in 1980 with two units; Each unit currently offers 3 bedrooms and 2 full bathrooms; Approx. 1,800 SF on one side and approx. 2,000 SF on the other
    More about this property
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