Two-Unit Duplex with
New
For Sale
$254,900
826 W 4th St, Appleton, WI 54914
Each residence has in-unit laundry, separate utilities, and its own garage space.
Property Size1,806 SF
Price / SF$141.14
Days on Market6
Property Features for 826 W 4th St
General Information
Standard status
Active
Size
1,806 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit laundry
Building Details
Year Built
1890
Buildings
1
Listed By:
Tiffany Holtz | Coldwell Banker
(920) 574-4422
Source:
Tiffanyholtz
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 7:21PM
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
Investment Insights
Based on property information with market context.
This 1,806-square-foot duplex contains upper and lower residences, each arranged with two bedrooms and one bathroom. Both units have in-unit laundry, separate utilities, and individual garage spaces. The building dates to 1890 and is tenant-occupied.
The property is near downtown Appleton, Wisconsin. A 24-hour notice is required for access.
The property is near downtown Appleton, Wisconsin. A 24-hour notice is required for access.
Key Highlights
- 1,806‑square‑foot duplex with upper and lower units
- Both residences offer 2 bedrooms and 1 bathroom
- Separate garage space and utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,763
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,260
$275.3K
Cap Rate 7%
$196,614
$196.6K
Cap Rate 9%
$152,922
$152.9K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$20.6K $11.40/SF
− Vacancy
−$926 −$0.51/SF
EGI
$19.7K $10.89/SF
− OpEx
−$5.9K −$3.27/SF
NOI
$13.8K $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%
$275,260
Cap Rate 7%
$196,614
Cap Rate 9%
$152,922
Alternative Uses
Best Use
Multifamily LT 5
$196.6K
$172.0K – $229.4K
NOI $13,763 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$184.0K
$161.0K – $214.7K
NOI $12,883 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$497.9K
$435.7K – $580.9K
NOI $34,856 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
Demographics for 54914, WI
31,082
Population
14,002
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
19.2 sq mi
ZIP Area
1,619
Density / Sq Mi
$77,199
Median Household Income
$42,481
Median Earnings
$936
Median Rent
$210,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has in-unit laundry, separate utilities, and its own garage space.
Where is this duplex located?
The property is located at 826 W 4th St Appleton, WI.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: 1,806‑square‑foot duplex with upper and lower units; Both residences offer 2 bedrooms and 1 bathroom; Separate garage space and utilities for each unit
