Duplex with
703 Park Avenue, Little Chute, WI 54140
For Sale
New
$189,000
Pending
The upper residence has its own entrance, and the main-level kitchen includes appliances.
Property Size1,251 SF
Days on Market3
Property Features for 703 Park Avenue
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Coldwell Banker Real Estate Group
(920) 993-7007
Listed By:
Cindy S. Otto-Koehn
Source:
Hietpasrealty
Added: Nov 10
Last Checked: Nov 11 at 10:32AM
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 Coldwell Banker Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1916, this 1,251-square-foot duplex has an upper-and-lower layout. The main-level unit includes two bedrooms, a living room, and a kitchen with appliances. Upstairs, an open living and dining area is served by a separate entrance. A carport is also part of the property.
The duplex is located one block from Doyle Park at 703 Park Avenue in Little Chute, Wisconsin.
The duplex is located one block from Doyle Park at 703 Park Avenue in Little Chute, Wisconsin.
Key Highlights
- 1,251‑square‑foot duplex built in 1916
- Main‑level unit has 2 bedrooms and a kitchen with appliances
- Upper unit features open living and dining space with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,534
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,680
$190.7K
Cap Rate 7%
$136,200
$136.2K
Cap Rate 9%
$105,933
$105.9K
Market Conditions
NOI Build-Up for 1,251 SF
Gross rent
$14.3K $11.40/SF
− Vacancy
−$642 −$0.51/SF
EGI
$13.6K $10.89/SF
− OpEx
−$4.1K −$3.27/SF
NOI
$9.5K $7.62/SF
Area
Outagamie County, WI
Vacancy
4.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,680
Cap Rate 7%
$136,200
Cap Rate 9%
$105,933
Alternative Uses
Best Use
Multifamily LT 5
$136.2K
$119.2K – $158.9K
NOI $9,534 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$127.5K
$111.6K – $148.7K
NOI $8,924 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$344.9K
$301.8K – $402.4K
NOI $24,144 @ 7.0% cap · market cap 12.77%
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
236
Businesses Nearby
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Business Placement
Demographics for 54140, WI
8,396
Population
3,634
Households
2.3
Avg Household Size
38
Median Age
20%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
2,708
Density / Sq Mi
$72,049
Median Household Income
$46,689
Median Earnings
$1,009
Median Rent
$204,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Outagamie County, WI
Properties on Market for Duplexes in Outagamie County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The upper residence has its own entrance, and the main-level kitchen includes appliances.
Where is this duplex located?
The property is located at 703 Park Avenue Little Chute, WI.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,251‑square‑foot duplex built in 1916; Main‑level unit has 2 bedrooms and a kitchen with appliances; Upper unit features open living and dining space with a separate entrance
