Brick Duplex on Corner
621 LEWIS Street De Pere, WI 54115
621 LEWIS Street, De Pere, WI, 54115
$279,900
For Sale
$279,900
Up-and-down duplex with separate covered entry porches, main-floor laundry and a detached two-stall garage with heated space above.
Property Size1,889 SF
Price / SF$148.17
Days on Market8
Property Features for 621 LEWIS Street
General Information
- Standard status
- Active
- Size
- 1,889 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1860
Listing agency
Dallaire Realty
(920) 680-4493
Listed by
Judd J. Gehl · License #94-88691
Source
C21ace
Added: Jul 14 Updated: Jul 20 at 4:09AM Checked: Jul 21 at 6:26AM
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 Dallaire Realty
Investment Insights
Based on property information with market context.
Charming up-and-down brick duplex offers a total of 3 bedrooms and 3 bathrooms. The main floor unit features two bedrooms and two bathrooms, including a primary bedroom with a walk-in closet and en-suite bath with shower. The open kitchen comes with appliances, and first-floor laundry includes a washer and dryer that exits to a deck and yard. The second bedroom includes exposed brick, and the living room offers maple narrow-board flooring. A dining room with a bumpout completes the main layout.
The upper unit is accessed via an additional covered porch and provides a one-bedroom, one-bath layout with kitchen and a spacious living room. Laundry accommodations are positioned near the entry.
Outside, the property includes a two-stall detached garage with additional heated space above, accessible via an exterior staircase. A driveway provides ample parking, and the main unit is ready to occupy.
The upper unit is accessed via an additional covered porch and provides a one-bedroom, one-bath layout with kitchen and a spacious living room. Laundry accommodations are positioned near the entry.
Outside, the property includes a two-stall detached garage with additional heated space above, accessible via an exterior staircase. A driveway provides ample parking, and the main unit is ready to occupy.
Key Highlights
- Up‑and‑down brick duplex built in 1860 with separate covered entry porches for each unit
- Main‑floor unit offers 2BR/2BA with a primary bedroom, walk‑in closet, and en‑suite bath with shower
- Main unit features an open kitchen with appliances plus first‑floor laundry with included washer/dryer that exits to the deck and yard
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 | $26.5k | $14.04 |
| − Vacancy | −$955 | −$0.51 |
| EGI | $25.6k | $13.53 |
| − OpEx | −$7.7k | −$4.06 |
| NOI | $17.9k | $9.47 |
1,889 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$255.7K
$223.7K – $298.3K
NOI $17,897 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$236.2K
$206.7K – $275.6K
NOI $16,534 @ 7.0% cap · market cap 5.91%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,570 @ 7.0% cap · market cap 39.50%
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 - Up-and-down duplex with separate covered entry porches, main-floor laundry and a detached two-stall garage with heated space above.
Where is this duplex located?
The property is located at 621 LEWIS Street De Pere, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Up‑and‑down brick duplex built in 1860 with separate covered entry porches for each unit; Main‑floor unit offers 2BR/2BA with a primary bedroom, walk‑in closet, and en‑suite bath with shower; Main unit features an open kitchen with appliances plus first‑floor laundry with included washer/dryer that exits to the deck and yard
