Updated Duplex with Detached
For Sale
$243,700
751 Mound Street, Baraboo, WI 53913
Residential-zoned duplex with shared covered parking and a substantial history of capital improvements.
Property Size2,000 SF
Price / SF$121.85
Days on Market316
Property Features for 751 Mound Street
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
2
Property subtype
Multi Family / 2 story
Zoning
res
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,651
Amenities
Full, Walkout to yard, Block foundation, Sump pump
Natural Gas
Forced air
Personal Items.
Washer, dryer, stove-2, refrigerator-2.
1
2
Aluminum/Steel
Building Details
Year Built
999
Buildings
1
Units
2
Listing Agency:
Weichert, Realtors - Great Day Group
(608) 469-4830
Listed By:
Randy Kuhnau · License #79995-94
(608) 469-4830
Source:
Compass
Added: Oct 20, 2025
Changed: Aug 30
Last Checked: Aug 31 at 1:16AM
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 Weichert, Realtors - Great Day Group
Investment Insights
Based on property information with market context.
This residential duplex contains approximately 2,000 square feet and is supported by a detached two-car garage shared by both units. The property includes off-street covered parking and storage, along with natural-gas service, forced-air heating, and a block foundation with sump pump. Unit appliances include two stoves, two refrigerators, a washer, and a dryer.
Major property components were replaced approximately 9 years ago, including the roof, wiring, furnace, flooring, gas hot water heater, sidewalk, and retaining wall. The property is zoned residential and sits minutes from Baraboo’s historic downtown square and Devil’s Lake State Park.
Major property components were replaced approximately 9 years ago, including the roof, wiring, furnace, flooring, gas hot water heater, sidewalk, and retaining wall. The property is zoned residential and sits minutes from Baraboo’s historic downtown square and Devil’s Lake State Park.
Key Highlights
- Duplex with approximately 2,000 square feet of property size
- Detached two‑car garage shared by both units
- Roof, wiring, furnace, flooring, and gas hot water heater replaced approximately 9 years ago
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
$18,257
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
7.49%
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%
$365,140
$365.1K
Cap Rate 7%
$260,814
$260.8K
Cap Rate 9%
$202,856
$202.9K
Market Conditions
NOI Build-Up for 2,000 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
$27.6K $13.80/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$26.1K $13.04/SF
− OpEx
−$7.8K −$3.91/SF
NOI
$18.3K $9.13/SF
Area
Sauk County, WI
Vacancy
5.50%
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%
$365,140
Cap Rate 7%
$260,814
Cap Rate 9%
$202,856
Alternative Uses
Best Use
Multifamily LT 5
$260.8K
$228.2K – $304.3K
NOI $18,257 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$236.5K
$206.9K – $275.9K
NOI $16,553 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$404.8K
$354.2K – $472.3K
NOI $28,339 @ 7.0% cap · market cap 11.63%
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
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 53913, WI
21,046
Population
10,444
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
94%
High-School Grad
138.9 sq mi
ZIP Area
152
Density / Sq Mi
$73,856
Median Household Income
$44,261
Median Earnings
$951
Median Rent
$214,500
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 - Residential-zoned duplex with shared covered parking and a substantial history of capital improvements.
Where is this duplex located?
The property is located at 751 Mound Street Baraboo, WI.
What is the asking price?
The asking price for this property is $243,700.
What are key features of this property?
This property features: Duplex with approximately 2,000 square feet of property size; Detached two‑car garage shared by both units; Roof, wiring, furnace, flooring, and gas hot water heater replaced approximately 9 years ago
