Duplex with Separate
714 N Durkee Street, Appleton, WI 54911
For Sale
New
$264,900
Two residences have independent heating and cooling, with utility costs paid by tenants.
Property Size2,032 SF
Price / SF$130.36
Days on Market6
Property Features for 714 N Durkee Street
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Acre Realty, Ltd.
(920) 731-5556
Listed By:
Stacey Hennessey · License WI #9124118
(920) 470-9692
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 10 at 3:26PM
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 Acre Realty, Ltd.
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Investment Insights
Based on property information with market context.
This upper-and-lower duplex contains 2,032 square feet of finished living area. The lower residence has three bedrooms, while the upper has two and is occupied by a month-to-month tenant. Each unit has independent heating and cooling, and tenants pay separate utility costs. The property also has a vinyl exterior, off-street parking, a new roof, and completed basement work and lining.
The home is at 714 N Durkee Street in Appleton, a few blocks from downtown and near College Avenue, shopping, dining, and entertainment. It was built in 1875 and is zoned for two-family or duplex use.
The home is at 714 N Durkee Street in Appleton, a few blocks from downtown and near College Avenue, shopping, dining, and entertainment. It was built in 1875 and is zoned for two-family or duplex use.
Key Highlights
- 2,032 square feet of finished living space
- Upper‑and‑lower configuration with a 3‑bedroom lower unit and 2‑bedroom upper unit
- Separate utility costs paid by tenants; independent heating and cooling in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,486
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,720
$309.7K
Cap Rate 7%
$221,229
$221.2K
Cap Rate 9%
$172,067
$172.1K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$23.2K $11.40/SF
− Vacancy
−$1.0K −$0.51/SF
EGI
$22.1K $10.89/SF
− OpEx
−$6.6K −$3.27/SF
NOI
$15.5K $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%
$309,720
Cap Rate 7%
$221,229
Cap Rate 9%
$172,067
Alternative Uses
Best Use
Multifamily LT 5
$221.2K
$193.6K – $258.1K
NOI $15,486 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$207.1K
$181.2K – $241.6K
NOI $14,495 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$560.3K
$490.2K – $653.6K
NOI $39,218 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,300
Businesses Nearby
Explore this area
Business Placement
Demographics for 54911, WI
26,964
Population
11,171
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,747
Median Household Income
$38,591
Median Earnings
$1,010
Median Rent
$199,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Appleton, WI
Properties on Market for Duplexes in Appleton
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have independent heating and cooling, with utility costs paid by tenants.
Where is this duplex located?
The property is located at 714 N Durkee Street Appleton, WI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: 2,032 square feet of finished living space; Upper‑and‑lower configuration with a 3‑bedroom lower unit and 2‑bedroom upper unit; Separate utility costs paid by tenants; independent heating and cooling in each unit
