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Leased Duplex with Character
For Sale
$130,000

607 South Lincoln Street, Shawano, WI 54166

Two-unit residential property with separate utilities, hardwood floors, and existing leases in place.

Property Size1,470 SF
Price / SF$88.44
Days on Market236

Property Features for 607 South Lincoln Street

General Information

Standard status Active
Size 1,470 SF
Property subtype Multifamily / Duplex (2 Unit)
Zoning 2 Family/Duplex
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,758

Amenities

Forced Air
Natural Gas
2
Full
Poured Concrete
1.5 Story,Multi-Level
Aluminum Siding
1st Floor Bedroom,1st Floor Full Bath,Level Lot

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: Evermore Realty
Listed By: Shawn W Thorne · License #90-58286
Source: Compass
Added: Jan 6 Changed: Aug 30 Last Checked: Aug 30 at 10:11AM

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 Evermore Realty

Investment Insights

Based on property information with market context.

Built in 1920, this 1,470-square-foot duplex offers a 1.5-story, multi-level layout with hardwood floors and wide interior trim. The property includes separate utilities, forced-air heating, natural gas service, aluminum siding, and poured-concrete construction. A level lot, first-floor bedroom, and first-floor full bath add to the existing configuration.

Both units are currently leased, and the buyer must assume the existing leases. The property is zoned 2 Family/Duplex and may support conversion back to a single-family residence. Showings require a minimum of 24 hours’ notice.

Key Highlights

  • Fully leased duplex with buyer assumption of existing leases
  • 1,470 SF property built in 1920
  • Separate utilities with forced‑air heating and natural gas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Grocery & Convenience Store Barber Shop Garden Center Electrical Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby

Demographics for 54166, WI

16,892
Population
8,884
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
94%
High-School Grad
146.0 sq mi
ZIP Area
116
Density / Sq Mi
$64,643
Median Household Income
$36,831
Median Earnings
$787
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with separate utilities, hardwood floors, and existing leases in place.
Where is this duplex located?
The property is located at 607 South Lincoln Street Shawano, WI.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Fully leased duplex with buyer assumption of existing leases; 1,470 SF property built in 1920; Separate utilities with forced‑air heating and natural gas
More about this property
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