Side-by-Side Duplex with
For Sale
$349,900
594 Linda Ct, Kaukauna, WI 54130
Two residential units offer open living-kitchen layouts, separate utility metering, and included appliances.
Property Size1,680 SF
Price / SF$208.27
Days on Market10
Property Features for 594 Linda Ct
General Information
Standard status
Active
Size
1,680 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
Beckman Properties
(920) 968-6000
Listed By:
Tyler J. Beckman · License #91905412
Source:
Moving2greenbay
Added: Aug 21
Changed: Aug 29
Last Checked: Aug 29 at 4:39PM
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 Beckman Properties
Investment Insights
Based on property information with market context.
Built in 1969, this 1,680-square-foot duplex contains two side-by-side units, each with 2 bedrooms and 1 bathroom. Both residences are move-in ready and feature an open connection between the living room and kitchen. The basements are framed for future finishing, while separately metered utilities support distinct unit operations.
The property includes a 2-car garage, storage shed, two refrigerators, two ovens, two water softeners, and one washer and dryer set. Located at 594 Linda Ct in Kaukauna, the duplex sits near Quinney Elementary. Both units are occupied under month-to-month leases, providing flexibility for continued tenancy or owner occupancy.
The property includes a 2-car garage, storage shed, two refrigerators, two ovens, two water softeners, and one washer and dryer set. Located at 594 Linda Ct in Kaukauna, the duplex sits near Quinney Elementary. Both units are occupied under month-to-month leases, providing flexibility for continued tenancy or owner occupancy.
Key Highlights
- 1,680‑square‑foot duplex built in 1969
- Two 2‑bedroom, 1‑bathroom units with open living‑kitchen layouts
- Framed basements ready for finishing
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
$12,803
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
3.66%
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%
$256,060
$256.1K
Cap Rate 7%
$182,900
$182.9K
Cap Rate 9%
$142,256
$142.3K
Market Conditions
NOI Build-Up for 1,680 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
$19.2K $11.40/SF
− Vacancy
−$862 −$0.51/SF
EGI
$18.3K $10.89/SF
− OpEx
−$5.5K −$3.27/SF
NOI
$12.8K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /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%
$256,060
Cap Rate 7%
$182,900
Cap Rate 9%
$142,256
Alternative Uses
Best Use
Multifamily LT 5
$182.9K
$160.0K – $213.4K
NOI $12,803 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$171.2K
$149.8K – $199.7K
NOI $11,984 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$463.2K
$405.3K – $540.4K
NOI $32,424 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
Demographics for 54130, WI
27,473
Population
11,507
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
95%
High-School Grad
78.0 sq mi
ZIP Area
352
Density / Sq Mi
$86,364
Median Household Income
$50,128
Median Earnings
$969
Median Rent
$242,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer open living-kitchen layouts, separate utility metering, and included appliances.
Where is this duplex located?
The property is located at 594 Linda Ct Kaukauna, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,680‑square‑foot duplex built in 1969; Two 2‑bedroom, 1‑bathroom units with open living‑kitchen layouts; Framed basements ready for finishing
