Side-by-Side Duplex with
For Sale
$349,900
594 LINDA Court, Kaukauna, WI 54130
Residential Income, KAUKAUNA, WI
Property Size1,680 SF
Lot Size0.22 Acres
Price / SF$208.27
Days on Market48
Property Features for 594 LINDA Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex
Parking
2
Lot features
Sidewalk
Elementary school district
Kaukauna Area
Middle school district
Kaukauna Area
High school district
Kaukauna Area
Directions
Heading East on CE, turn North on Fieldcrest Dr, East on W Ann St, North on Linda Ct to address
Standard status
Active
APN
323119500
Size
1,680 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4072
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
storage shed
Building Details
Year built
1969
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Beckman Properties
(920) 968-6000
Listed By:
Tyler J. Beckman · License #91905412
(920) 428-9672
Added: Jul 6
Changed: Aug 21
Last Checked: Aug 22 at 12:06PM
MLS# 50328603
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains two 2-bedroom, 1-bathroom units within a 1,680-square-foot residential income property built in 1969. Each residence has an open connection between the living room and kitchen, while framed basement areas provide unfinished space for future completion. The property includes two refrigerators, two ovens, two water softeners, and one washer/dryer set. Forced-air heating, central air, vinyl siding, public water, and public sewer are in place.
Both units are leased month to month, and utilities are separately metered. The 0.22-acre parcel also includes a 2-car garage and storage shed. Located on Linda Court in Kaukauna, the property is near Quinney Elementary and is zoned 2 Family/Duplex.
Both units are leased month to month, and utilities are separately metered. The 0.22-acre parcel also includes a 2-car garage and storage shed. Located on Linda Court in Kaukauna, the property is near Quinney Elementary and is zoned 2 Family/Duplex.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units in a side‑by‑side duplex
- 1,680 SF building on a 0.22‑acre lot; built in 1969
- Framed basement areas offer additional unfinished space
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
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
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-bedroom units feature open living areas, separately metered utilities, and flexible month-to-month occupancy arrangements.
Where is this duplex located?
The property is located at 594 LINDA Court 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: Two 2‑bedroom, 1‑bathroom units in a side‑by‑side duplex; 1,680 SF building on a 0.22‑acre lot; built in 1969; Framed basement areas offer additional unfinished space
