Renovated Duplex with Two
576 Brazeau Avenue Oconto, WI 54153
576 Brazeau Avenue, Oconto, WI, 54153
$220,000
For Sale
$220,000
Upper and lower units with in-unit and basement laundry, newly renovated with extensive mechanical and interior upgrades.
Property Size1,464 SF
Price / SF$150.27
Days on Market104
Property Features for 576 Brazeau Avenue
General Information
- Standard status
- Active
- Size
- 1,464 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1910
Listing agency
Copperleaf, LLC
(920) 373-5480
Listed by
Mercedes M Gibeault · License #94-91299
(920) 373-5480
Source
Compass
Added: Apr 9 Updated: Jul 21 at 5:28AM Checked: Jul 21 at 5:28AM
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
Investment Insights
Based on property information with market context.
Newly renovated duplex offering an upper and lower unit in a residential income configuration. The main floor includes three bedrooms, one bathroom, in-unit laundry, and a refreshed kitchen with new cabinets and pantry. The upper unit features two bedrooms, one bathroom, and a walk-in pantry, with laundry located in the basement. The property includes a shared basement and has undergone major improvements including new windows, flooring, electrical, insulation, and plumbing. The home and roof were painted in 2023, and the upper unit includes an 864 square-foot figure, with the assessor requiring a 7-foot minimum ceiling height to include it in square footage.
The duplex sits with a large parking lot and an additional side yard with a view of the Oconto River. Water is not separately metered and is paid by the landlord.
For interior details, refer to the virtual tour.
The duplex sits with a large parking lot and an additional side yard with a view of the Oconto River. Water is not separately metered and is paid by the landlord.
For interior details, refer to the virtual tour.
Key Highlights
- Newly renovated duplex (upper and lower) built in 1910 in Oconto, with extensive interior and mechanical upgrades
- Main floor: 3 bedrooms, 1 bathroom, in‑unit laundry; updated kitchen cabinets and pantry
- Upper unit: 2 bedrooms, 1 bathroom, walk‑in pantry; laundry in the shared basement
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 | $19.3k | $13.20 |
| − Vacancy | −$1.1k | −$0.73 |
| EGI | $18.3k | $12.47 |
| − OpEx | −$5.5k | −$3.74 |
| NOI | $12.8k | $8.73 |
1,464 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$182.6K
$159.8K – $213.1K
NOI $12,783 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$170.1K
$148.9K – $198.5K
NOI $11,908 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$341.3K
$298.7K – $398.2K
NOI $23,892 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Upper and lower units with in-unit and basement laundry, newly renovated with extensive mechanical and interior upgrades.
Where is this duplex located?
The property is located at 576 Brazeau Avenue Oconto, WI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Newly renovated duplex (upper and lower) built in 1910 in Oconto, with extensive interior and mechanical upgrades; Main floor: 3 bedrooms, 1 bathroom, in‑unit laundry; updated kitchen cabinets and pantry; Upper unit: 2 bedrooms, 1 bathroom, walk‑in pantry; laundry in the shared basement
