Victorian Duplex with In-Unit
For Sale
$289,900
555 PECOR Street, Oconto, WI 54153
Two-unit Victorian duplex offers in-unit laundry and updated interiors, with an additional 2.2-acre yard behind the home.
Property Size2,568 SF
Lot Size2.20 Acres
Price / SF$112.89
Days on Market191
Property Features for 555 PECOR Street
General Information
Standard status
Active
Size
2,568 SF
Lot size
2.20 Acres
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,950
Building Details
Building Size
2,568 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Copperleaf, LLC
Listed By:
Mercedes M. Gibeault · License #9491299
(920) 373-5480
Source:
C21ace
Added: Apr 13
Changed: Oct 15
Last Checked: Oct 19 at 3:54PM
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 Copperleaf, LLC
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Investment Insights
Based on property information with market context.
This Victorian duplex includes two units with in-unit laundry facilities. The first floor offers a range of updates, including new paint, updated floors, a brand-new bathroom, and a renovated kitchen, along with a 12x4 walk-in closet and other improvements. The upstairs retains original hardwood flooring and trim, with a newly renovated bathroom and kitchen.
The property sits on 2.2 acres behind the house, featuring an expansive open field and woods within town limits.
If desired, the layout can be converted to a single-family home by opening up the wall between the staircase for the upper unit and the second bedroom in the lower unit.
The property sits on 2.2 acres behind the house, featuring an expansive open field and woods within town limits.
If desired, the layout can be converted to a single-family home by opening up the wall between the staircase for the upper unit and the second bedroom in the lower unit.
Key Highlights
- Victorian duplex built in 1900 with classic exterior features including a spacious front porch
- Additional 2.2‑acre yard behind the home includes an open field and woods, located right in town
- First‑floor updates include new paint, floors, a brand‑new bathroom, and an updated kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,423
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,460
$448.5K
Cap Rate 7%
$320,329
$320.3K
Cap Rate 9%
$249,144
$249.1K
Market Conditions
NOI Build-Up for 2,568 SF
Gross rent
$33.9K $13.20/SF
− Vacancy
−$1.9K −$0.73/SF
EGI
$32.0K $12.47/SF
− OpEx
−$9.6K −$3.74/SF
NOI
$22.4K $8.73/SF
Area
Oconto County, WI
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,460
Cap Rate 7%
$320,329
Cap Rate 9%
$249,144
Alternative Uses
Best Use
Multifamily LT 5
$320.3K
$280.3K – $373.7K
NOI $22,423 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$298.4K
$261.1K – $348.1K
NOI $20,888 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$598.7K
$523.9K – $698.5K
NOI $41,910 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
Business Placement
Demographics for 54153, WI
7,323
Population
3,540
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
93%
High-School Grad
101.6 sq mi
ZIP Area
72
Density / Sq Mi
$69,485
Median Household Income
$40,625
Median Earnings
$810
Median Rent
$165,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit Victorian duplex offers in-unit laundry and updated interiors, with an additional 2.2-acre yard behind the home.
Where is this duplex located?
The property is located at 555 PECOR Street Oconto, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Victorian duplex built in 1900 with classic exterior features including a spacious front porch; Additional 2.2‑acre yard behind the home includes an open field and woods, located right in town; First‑floor updates include new paint, floors, a brand‑new bathroom, and an updated kitchen
