Updated Duplex with Heated
For Sale
$159,900
712 Vine Street, Wisconsin Dells, WI 53965
Two efficiency apartments share laundry facilities and benefit from recent exterior improvements.
Property Size600 SF
Price / SF$266.50
Days on Market447
Property Features for 712 Vine Street
General Information
Standard status
Active
Size
600 SF
Property subtype
Multi Family / Duplex-side by side
Zoning
Comm
Units
Unit Mix
2 x efficiency
Multifamily Units
2
Additional Details
Gross Income
$10,800
Taxes and HOA fees
Annual Taxes
$1,450
Amenities
shared laundry
detached heated garage
Partial
Natural Gas
Forced air
Washer, dryer
1
2
Aluminum/Steel, Wood
Building Details
Year Built
1920
Units
2
Listing Agency:
Century 21 Affiliated
(608) 692-5911
Listed By:
Kirk Kettleson · License #56177-90
(608) 692-5911
Source:
Compass
Added: Jun 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:27AM
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 Century 21 Affiliated
Investment Insights
Based on property information with market context.
This duplex contains two efficiency apartments with a shared laundry area equipped with a coin-operated washer and dryer. A detached heated garage provides additional functional space. Recent work includes replacement roofing, siding, and windows. The property was built in 1920 and carries Comm zoning.
Located at 712 Vine Street in Wisconsin Dells, the property is positioned near the area’s attractions and amenities. Long-term tenants are in place, supporting its existing income-producing configuration. The layout also provides flexibility for continued two-unit use or evaluation of an alternative residential arrangement, subject to applicable requirements.
Located at 712 Vine Street in Wisconsin Dells, the property is positioned near the area’s attractions and amenities. Long-term tenants are in place, supporting its existing income-producing configuration. The layout also provides flexibility for continued two-unit use or evaluation of an alternative residential arrangement, subject to applicable requirements.
Key Highlights
- Two efficiency apartments in a duplex configuration
- Detached heated garage
- Shared laundry with coin‑operated washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,493
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$109,860
$109.9K
Cap Rate 7%
$78,471
$78.5K
Cap Rate 9%
$61,033
$61.0K
Market Conditions
NOI Build-Up for 600 SF
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.
Gross rent
$8.3K $13.80/SF
− Vacancy
−$432 −$0.72/SF
EGI
$7.8K $13.08/SF
− OpEx
−$2.4K −$3.92/SF
NOI
$5.5K $9.16/SF
Area
Columbia County, WI
Vacancy
5.22%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$109,860
Cap Rate 7%
$78,471
Cap Rate 9%
$61,033
Alternative Uses
Best Use
Multifamily LT 5
$78.5K
$68.7K – $91.6K
NOI $5,493 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$68.4K
$59.9K – $79.8K
NOI $4,790 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$134.8K
$118.0K – $157.3K
NOI $9,436 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Demographics for 53965, WI
11,361
Population
6,792
Households
1.7
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
168.7 sq mi
ZIP Area
67
Density / Sq Mi
$65,237
Median Household Income
$36,823
Median Earnings
$938
Median Rent
$211,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two efficiency apartments share laundry facilities and benefit from recent exterior improvements.
Where is this duplex located?
The property is located at 712 Vine Street Wisconsin Dells, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two efficiency apartments in a duplex configuration; Detached heated garage; Shared laundry with coin‑operated washer and dryer
