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Side-by-Side Duplex with Basements
For Sale
$199,900

5408-5410 Camp Phillips Road, Weston, WI 54476

Two-bedroom units offer private basements and off-street parking.

Property Size792 SF
Price / SF$252.40
Days on Market21

Property Features for 5408-5410 Camp Phillips Road

General Information

Standard status Active
Size 792 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1975
Listing Agency: Norwisrealty.Com LLC
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 30 at 4:04PM

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 Norwisrealty.Com LLC

Investment Insights

Based on property information with market context.

This side-by-side duplex at 5408-5410 Camp Phillips Road includes two residential units, each with 2 bedrooms, 1 full bathroom, and a full private basement. The property measures 792 square feet and was built in 1975. Each unit has a separate driveway for off-street parking.

One residence is occupied under a month-to-month arrangement, while the second is vacant. The vacant unit has fresh paint and updated kitchen appliances, creating flexibility for an owner-occupant or continued rental use. The property is near shopping, schools, and employment centers in Weston, Wisconsin.

Key Highlights

  • Side‑by‑side duplex with 2 bedrooms and 1 full bathroom in each unit
  • Full private basement included with both units
  • Separate private driveways provide off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,622
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$132,440 $132.4K
Cap Rate 7%
$94,600 $94.6K
Cap Rate 9%
$73,578 $73.6K
Market Conditions
NOI Build-Up for 792 SF 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.
Gross rent
$10.0K $12.60/SF
− Vacancy
−$519 −$0.66/SF
EGI
$9.5K $11.94/SF
− OpEx
−$2.8K −$3.58/SF
NOI
$6.6K $8.36/SF
Area
Marathon County, WI
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$132,440
Cap Rate 7%
$94,600
Cap Rate 9%
$73,578

Alternative Uses

Best Use
Multifamily LT 5
$94.6K
$82.8K – $110.4K (±1% cap)
NOI $6,622 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$85.3K
$74.7K – $99.5K (±1% cap)
NOI $5,972 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$146.3K
$128.0K – $170.7K (±1% cap)
NOI $10,243 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon HVAC Service Electrical Service Parking Lot & Garage Computer & Electronic Repair Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 54476, WI

19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units offer private basements and off-street parking.
Where is this duplex located?
The property is located at 5408-5410 Camp Phillips Road Weston, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2 bedrooms and 1 full bathroom in each unit; Full private basement included with both units; Separate private driveways provide off‑street parking
More about this property
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