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Triplex Apartment Building

5772 Main St, Auburndale, WI 54412

For Sale
$179,900

Residential Income, Auburndale, WI

Property Size2,139 SF
Lot Size0.41 Acres
Price / SF$84.10
Days on Market93

Property Features for 5772 Main St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
High school district Auburndale School District
Directions Main St. in Auburndale look for Flying Eagle Realty sign on property between the old Antique Store and Willys.
Standard status Active
APN 2300059
Size 2,139 SF
Lot size 0.41 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1382

Utilities

Heating system Forced Air, Natural Gas
Water source Well

Building Details

Building materials Vinyl Siding
Roof type Metal
Buildings 1
Listing Agency: FLYING EAGLE REALTY LLC
Listed By: Dan Hafenbredl · License WI #6040890
Added: Aug 11 Changed: Oct 30 Last Checked: Nov 11 at 7:06AM
MLS# 11929237

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,139-square-foot triplex contains three apartments, each configured with two bedrooms and one bathroom. The units feature updated bathrooms, while the building includes vinyl siding, a newer metal roof, natural-gas forced-air furnaces, and separately metered utilities. Water is supplied by a private well, with sewer service provided by the Village of Auburndale.

The property is located at 5772 Main St in Auburndale, Wisconsin, within Wood County. Its residential income configuration, six total bedrooms, and three total bathrooms provide a straightforward multifamily layout. The building occupies a 0.41-acre parcel and includes the documented improvements and utility systems described above.

Key Highlights

  • Three‑unit triplex with 2 bedrooms and 1 bathroom per unit
  • 2,139 square feet of building area
  • Updated bathrooms throughout the apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,127
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,540 $282.5K
Cap Rate 7%
$201,814 $201.8K
Cap Rate 9%
$156,967 $157.0K
Market Conditions
NOI Build-Up for 2,139 SF
Gross rent
$21.8K $10.20/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$20.2K $9.44/SF
− OpEx
−$6.1K −$2.83/SF
NOI
$14.1K $6.60/SF
Area
Wood County, WI
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,540
Cap Rate 7%
$201,814
Cap Rate 9%
$156,967

Alternative Uses

Best Use
Multifamily LT 5
$201.8K
$176.6K – $235.5K (±1% cap)
NOI $14,127 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$188.0K
$164.5K – $219.3K (±1% cap)
NOI $13,157 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$415.0K
$363.1K – $484.1K (±1% cap)
NOI $29,048 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 54412, WI

2,046
Population
908
Households
2.3
Avg Household Size
44
Median Age
15%
College-Educated
92%
High-School Grad
71.1 sq mi
ZIP Area
29
Density / Sq Mi
$80,872
Median Household Income
$47,066
Median Earnings
$648
Median Rent
$211,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with updated bathrooms, separate utility metering, and natural-gas forced-air heating.
Where is this triplex located?
The property is located at 5772 Main St Auburndale, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Three‑unit triplex with 2 bedrooms and 1 bathroom per unit; 2,139 square feet of building area; Updated bathrooms throughout the apartments
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