Side-by-Side Duplex with
70 GROVE Street, Clintonville, WI 54929
For Sale
$285,000
Two residential units offer separate metering, rear decks, and shared attached parking on a corner lot.
Property Size2,365 SF
Lot Size0.26 Acres
Price / SF$120.51
Days on Market57
Property Features for 70 GROVE Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
deck
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Schroeder & Kabble Realty, Inc.
Listed By:
Shawn M. Kabble · License WI 91-834817
(715) 823-7653
Source:
C21ace
Added: Sep 15
Changed: Nov 9
Last Checked: Nov 8 at 1:18PM
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 Schroeder & Kabble Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1976, this 2,365-square-foot side-by-side duplex includes two residential units with separate utility metering. Unit 1 contains 2 bedrooms, 2 full baths, and a finished lower-level recreation room. Unit 2 provides 2 bedrooms and 1 full bath. Each unit has a rear deck, and tenants share an attached 2-car garage.
The property occupies .26 acres on a corner lot near schools. A roof replacement completed 6 years ago adds a recent major improvement to the building’s physical profile.
The property occupies .26 acres on a corner lot near schools. A roof replacement completed 6 years ago adds a recent major improvement to the building’s physical profile.
Key Highlights
- 2,365 SF side‑by‑side duplex built in 1976
- Unit 1: 2 bedrooms, 2 full baths, and finished lower‑level rec room
- Unit 2: 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,789
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,780
$315.8K
Cap Rate 7%
$225,557
$225.6K
Cap Rate 9%
$175,433
$175.4K
Market Conditions
NOI Build-Up for 2,365 SF
Gross rent
$24.1K $10.20/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$22.6K $9.54/SF
− OpEx
−$6.8K −$2.86/SF
NOI
$15.8K $6.68/SF
Area
Waupaca County, WI
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,780
Cap Rate 7%
$225,557
Cap Rate 9%
$175,433
Alternative Uses
Best Use
Multifamily LT 5
$225.6K
$197.4K – $263.2K
NOI $15,789 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$210.7K
$184.4K – $245.9K
NOI $14,751 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$443.0K
$387.6K – $516.8K
NOI $31,009 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
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Business Placement
Demographics for 54929, WI
8,724
Population
4,633
Households
1.9
Avg Household Size
46
Median Age
17%
College-Educated
90%
High-School Grad
122.3 sq mi
ZIP Area
71
Density / Sq Mi
$60,973
Median Household Income
$41,806
Median Earnings
$875
Median Rent
$157,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate metering, rear decks, and shared attached parking on a corner lot.
Where is this duplex located?
The property is located at 70 GROVE Street Clintonville, WI.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2,365 SF side‑by‑side duplex built in 1976; Unit 1: 2 bedrooms, 2 full baths, and finished lower‑level rec room; Unit 2: 2 bedrooms and 1 full bath
