621 LEWIS Street De Pere, WI 54115
MULTI_FAMILY - DE PERE, WI
Property Features for 621 LEWIS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 2 Family/Duplex,Resident
- Parking
- 2
- Standard status
- Active
- APN
- ED-942
- Size
- 1,889 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3781
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1860
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing agent Judd J. Gehl License #94-88691 (920) 680-4493
Listing office Dallaire Realty 1830 W Mason St, Suite 10, Green Bay, WI (920) 569-0827
Listing date Jul 14, 2026
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.
The upper unit has its own covered porch entry and includes a spacious kitchen, a large living room, and a 1-bedroom, 1-bath layout with laundry accommodations near the entry.
A detached 2-stall garage includes additional heated space above, accessed via an exterior staircase. The property also has a driveway with ample parking, and the main unit is described as ready to occupy.
Key Highlights
- 3BR/3BA up‑and‑down brick duplex on a corner lot with separate covered porch entries for both units
- Main floor unit features 2BR/2BA with a primary bedroom, walk‑in closet, and en‑suite bath with shower
- Main unit includes an open kitchen with appliances and 1st‑floor laundry with included washer/dryer plus access to 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 |
