Tenant-Occupied Duplex
703 Helena Street De Pere, WI 54115
703 Helena Street, De Pere, WI, 54115
$369,900
For Sale
$369,900
Well-maintained duplex with two tenant-occupied units and a functional layout in West De Pere.
Property Size3,056 SF
Price / SF$121.04
Days on Market113
Property Features for 703 Helena Street
General Information
- Standard status
- Active
- Size
- 3,056 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1968
Listing agency
Open Road Home Real Estate
(920) 366-5374
Listed by
Brianna L Ayres · License #94-91822
(920) 366-5374
Source
Compass
Added: Apr 2 Updated: Jul 22 at 2:57AM Checked: Jul 22 at 2:57AM
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 Open Road Home Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex features a functional layout and generous bedroom sizes, with comfortable living spaces in each unit. The property is currently tenant-occupied.
The duplex is located in a West De Pere neighborhood directly across from West De Pere High School, with proximity to schools, parks, and local amenities.
The information provided supports an income-producing configuration with two units and ongoing rental occupancy.
The duplex is located in a West De Pere neighborhood directly across from West De Pere High School, with proximity to schools, parks, and local amenities.
The information provided supports an income-producing configuration with two units and ongoing rental occupancy.
Key Highlights
- Duplex built in 1968 in West De Pere, with two side‑by‑side units
- Tenant‑occupied duplex with two functional living spaces (units currently rented)
- Each unit includes 2 ranges and 2 refrigerators, plus 2 dishwashers
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 | $42.9k | $14.04 |
| − Vacancy | −$1.5k | −$0.51 |
| EGI | $41.4k | $13.53 |
| − OpEx | −$12.4k | −$4.06 |
| NOI | $29.0k | $9.47 |
3,056 SF · lease $14.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$413.6K
$361.9K – $482.6K
NOI $28,953 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$382.1K
$334.4K – $445.8K
NOI $26,748 @ 7.0% cap · market cap 7.23%
Theoretical Best
Warehouse
$2.56M
$2.24M – $2.98M
NOI $178,879 @ 7.0% cap · market cap 48.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two tenant-occupied units and a functional layout in West De Pere.
Where is this duplex located?
The property is located at 703 Helena Street De Pere, WI.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Duplex built in 1968 in West De Pere, with two side‑by‑side units; Tenant‑occupied duplex with two functional living spaces (units currently rented); Each unit includes 2 ranges and 2 refrigerators, plus 2 dishwashers
