8-Unit Apartment
New
For Sale
$599,000
7734, Hewitt, WI 54441
CommercialSale, Hewitt, WI
Property Size6,000 SF
Lot Size0.61 Acres
Price / SF$99.83
Days on Market2
Property Features for 7734
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
16
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 8, Bedroom 14, Bedroom 7, Bedroom 13, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 8, Bedroom 11, Bathroom 7, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 12, Bedroom 9, Bathroom 1, Bedroom 16, Bedroom 15, Bathroom 6, Bathroom 2
Parking features
Driveway
Directions
WI-17 S, right toward N Stevens St, right onto W Davenport St, left onto Sutliff Ave, right onto US-8 BUS W, at traffic circle, take 2nd exit onto US-8 W, left onto the US-51 ramp, 191 A WI-94 W, take exit 145 for WI-97, turn left onto Co Rd T, turn right
Standard status
Active
APN
2500091
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
V - HEWITT S14 T25 R3E DOUGLAS SEBOLD's 1ST C.S.M, NOW KNOWN AS C.S.M. #657, BNG PRT SE SE, EXC TPP IN 2020R09406
Tax Annual Amount
5228
Legal Description
V - HEWITT S14 T25 R3E DOUGLAS SEBOLD's 1ST C.S.M, NOW KNOWN AS C.S.M. #657, BNG PRT SE SE, EXC TPP IN 2020R09406
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Well
Amenities
coin-operated laundry room
separate storage units
Building Details
Year built
1970
Floors in Building
2
Number of units
8
Flooring type
Vinyl, Carpet
Building materials
Brick, Frame
Roof type
Shingle, Composition
Listing Agency:
CENTURY 21 BURKETT - LOL · Century 21 Real Estate
(715) 547-3400
Listed By:
CLIFF KOLINSKY · License #42394
(906) 360-2442
Added: Oct 9
Last Checked: Oct 10 at 1:06AM
MLS# 219987
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story, 8-unit apartment building contains approximately 6,000 square feet on a 0.614-acre corner lot. Each apartment has two bedrooms and one full bathroom. The brick-and-frame property includes a full basement with separate tenant storage and a coin-operated laundry room, plus a shingled roof.
Parking is provided in a private lot and driveway, with 10+ spaces. The property has a drilled well and public sewer. Residents pay their own electric service and electric baseboard heat; the owner pays the sewer bill. The apartments were fully occupied at the time of listing. The property is in Hewitt, just minutes from Marshfield.
Parking is provided in a private lot and driveway, with 10+ spaces. The property has a drilled well and public sewer. Residents pay their own electric service and electric baseboard heat; the owner pays the sewer bill. The apartments were fully occupied at the time of listing. The property is in Hewitt, just minutes from Marshfield.
Key Highlights
- 8‑unit, two‑story apartment building with approximately 6,000 finished square feet
- Each apartment has 2 bedrooms and 1 full bathroom
- 0.614‑acre corner lot with 10+ parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,907
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,140
$738.1K
Cap Rate 7%
$527,243
$527.2K
Cap Rate 9%
$410,078
$410.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$72.0K $12.00/SF
− Vacancy
−$4.9K −$0.82/SF
EGI
$67.1K $11.18/SF
− OpEx
−$30.2K −$5.03/SF
NOI
$36.9K $6.15/SF
Area
Wood County, WI
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,140
Cap Rate 7%
$527,243
Cap Rate 9%
$410,078
Alternative Uses
Best Use
Apartment 5plus
$527.2K
$461.3K – $615.1K
NOI $36,907 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.36M
NOI $81,481 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 54441, WI
816
Population
350
Households
2.3
Avg Household Size
44
Median Age
31%
College-Educated
94%
High-School Grad
1.0 sq mi
ZIP Area
816
Density / Sq Mi
$89,079
Median Household Income
$50,556
Median Earnings
$675
Median Rent
$206,500
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight two-bedroom apartments include tenant storage, coin-operated laundry, and on-site parking.
Where is this apartment building located?
The property is located at 7734 Hewitt, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 8‑unit, two‑story apartment building with approximately 6,000 finished square feet; Each apartment has 2 bedrooms and 1 full bathroom; 0.614‑acre corner lot with 10+ parking spaces
