Duplex with Detached
For Sale
$175,000
905 Lewis Ave, Cameron, WI 54822
Two leased units feature separate electric metering, included appliances, and flexible residential layouts.
Property Size2,352 SF
Price / SF$74.40
Days on Market47
Property Features for 905 Lewis Ave
General Information
Standard status
Active
Size
2,352 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
Lower: 2BR/1BA, Upper: 2BR/1BA with office
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty Diversified
Listed By:
Joshua R Amys · License #85884-94
(715) 642-0567
Source:
Homesminn
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 7 at 2:06PM
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 Keller Williams Realty Diversified
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Investment Insights
Based on property information with market context.
Built in 1900, this 2,352-square-foot duplex contains two residential units. The lower apartment offers two bedrooms and one bathroom, while the upper apartment includes two bedrooms, one bathroom, and an office or flex room. Current leases and separate electric meters provide a clearly defined two-unit configuration, with appliances included.
Property improvements include newer water heaters, select updated windows, interior doors, flooring, and bathroom work. The building sits on a corner lot and is served by city utilities. A detached two-car garage adds on-site storage or parking capacity. The property is located within the Cameron School District.
Property improvements include newer water heaters, select updated windows, interior doors, flooring, and bathroom work. The building sits on a corner lot and is served by city utilities. A detached two-car garage adds on-site storage or parking capacity. The property is located within the Cameron School District.
Key Highlights
- 2,352‑square‑foot duplex built in 1900
- Two units: each has 2 bedrooms and 1 bathroom
- Upper unit includes an office or flex room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,400
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,000
$208.0K
Cap Rate 7%
$148,571
$148.6K
Cap Rate 9%
$115,556
$115.6K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$15.8K $6.72/SF
− Vacancy
−$948 −$0.40/SF
EGI
$14.9K $6.32/SF
− OpEx
−$4.5K −$1.90/SF
NOI
$10.4K $4.42/SF
Area
Barron County, WI
Vacancy
6.00%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,000
Cap Rate 7%
$148,571
Cap Rate 9%
$115,556
Alternative Uses
Best Use
Multifamily LT 5
$148.6K
$130.0K – $173.3K
NOI $10,400 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$139.8K
$122.3K – $163.1K
NOI $9,784 @ 7.0% cap · market cap 5.59%
Theoretical Best
Warehouse
$1.89M
$1.65M – $2.20M
NOI $132,284 @ 7.0% cap · market cap 75.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 54822, WI
4,665
Population
2,318
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
45.6 sq mi
ZIP Area
102
Density / Sq Mi
$66,250
Median Household Income
$37,147
Median Earnings
$954
Median Rent
$223,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased units feature separate electric metering, included appliances, and flexible residential layouts.
Where is this duplex located?
The property is located at 905 Lewis Ave Cameron, WI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,352‑square‑foot duplex built in 1900; Two units: each has 2 bedrooms and 1 bathroom; Upper unit includes an office or flex room
