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    Well-Maintained Seymour Multi-Family Property Title is generated by Realmo AI

    531 N MAIN Street, Seymour, WI 54165

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    Claim this Listing
    For Sale
    $329,900

    MULTI_FAMILY - SEYMOUR, WI

    Property size:
    2,209 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $149/SF
    Added:
    May 8, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 9 at 1:06 am

    Property Features for 531 N MAIN Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Parking
    3
    Standard status
    Active
    APN
    340048000
    Size
    2,209 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2241

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Shake Siding

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    Listing Contact
    Mark L. Hermes

    Listing agent Mark L. Hermes

    Listing office PhD Homes and Realty 3107 Celestial Ln, WI, WI

    Listing date May 8, 2026

    MLS# 50325248 Listing URL

    Copyright © 2026 Realtor Association of Northeast 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

    • Two‑family home: Ideal for owner‑occupancy with rental income potential or investment.
    • Two detached garages: Includes a 2‑stall and a 1‑stall garage.
    • Updated main level: Features an updated kitchen, formal dining room, and enclosed front porch.
    • Convenient location: Near fairgrounds, schools, shopping, and other amenities.
    • Separate living spaces: Upper level includes 2 bedrooms, 1 bath, large family room and kitchen.
    • Storage: Basement storage available for each unit.

    Overview

    This well-maintained two-family property presents an opportunity for owner occupancy or investment. Located near the outskirts of the city, the property features an upper and lower unit. The main level includes a master bedroom of a nice size, an updated kitchen, a formal dining area, a large living room, an enclosed front porch, a foyer, and a full bath. The upper level offers two bedrooms, one bath, a large family room, and a kitchen. Each unit has storage space in the basement. The property includes a two-stall detached garage and a one-stall detached garage, along with wood decking. Radiant/steam heating is utilized. Situated near the fairgrounds, schools, shopping centers, and various other amenities, this residential property is located in Seymour, WI. The property size is 2209 square feet and the lot size is 0.34 acres.

    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 $25.2k $11.40
    − Vacancy −$1.1k −$0.51
    EGI $24.0k $10.89
    − OpEx −$7.2k −$3.27
    NOI $16.8k $7.62
    2,209 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $240.5K
    $210.4K – $280.6K (±1% cap)
    NOI $16,835 @ 7.0% cap · market cap 5.10%
    Second Best
    Apartment 5plus
    $225.1K
    $197.0K – $262.6K (±1% cap)
    NOI $15,757 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    Office A
    $609.1K
    $532.9K – $710.6K (±1% cap)
    NOI $42,634 @ 7.0% cap · market cap 12.92%
    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 Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.330478
    Latitude
    44.517565

    FAQs

    What type of property is this?
    Duplex - Two-unit property near fairgrounds, schools, and shopping.
    Where is this duplex located?
    The property is located at 531 N MAIN Street Seymour, WI.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: Two‑family home: Ideal for owner‑occupancy with rental income potential or investment.; Two detached garages: Includes a 2‑stall and a 1‑stall garage.; **Updated main level: Features an updated kitchen, formal dining room, and enclosed front porch.**
    More about this property
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