Duplex with Two-Stall
815 N Appleton St, Appleton, WI 54911
For Sale
$334,900
Two separate residences include private laundry areas and dedicated garage parking.
Property Size2,884 SF
Price / SF$116.12
Days on Market50
Property Features for 815 N Appleton St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
private laundry areas
Building Details
Year Built
Buildings
Listed By:
Tiffany Holtz | Coldwell Banker
(920) 574-4422
Source:
Tiffanyholtz
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 10 at 8:32AM
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 Tiffany Holtz | Coldwell Banker
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Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bath units, each with a large-room layout and its own laundry area. The building totals 2,884 square feet and dates to 1910. Updates include newer windows and furnaces, while a recently completed two-stall garage provides a separate parking bay for each residence.
The property produces more than $2,550 per month in rental income.
The property produces more than $2,550 per month in rental income.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 2,884‑square‑foot building constructed in 1910
- Private laundry area in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,979
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,580
$439.6K
Cap Rate 7%
$313,986
$314.0K
Cap Rate 9%
$244,211
$244.2K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$32.9K $11.40/SF
− Vacancy
−$1.5K −$0.51/SF
EGI
$31.4K $10.89/SF
− OpEx
−$9.4K −$3.27/SF
NOI
$22.0K $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%
$439,580
Cap Rate 7%
$313,986
Cap Rate 9%
$244,211
Alternative Uses
Best Use
Multifamily LT 5
$314.0K
$274.7K – $366.3K
NOI $21,979 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$293.9K
$257.2K – $342.9K
NOI $20,572 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$795.2K
$695.8K – $927.7K
NOI $55,661 @ 7.0% cap · market cap 16.62%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,507
Businesses Nearby
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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
$199,100
Median Home Value
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Market
Average Price Trend$/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 separate residences include private laundry areas and dedicated garage parking.
Where is this duplex located?
The property is located at 815 N Appleton St Appleton, WI.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 2,884‑square‑foot building constructed in 1910; Private laundry area in each unit
