Duplex with River
For Sale
$730,000
N3269 County Road K -, Jefferson, WI 53549
Duplex property with a separate cottage and an electric pole shed.
Property Size2,714 SF
Price / SF$268.98
Days on Market53
Property Features for N3269 County Road K -
General Information
Standard status
Active
Size
2,714 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1880
Listing Agency:
Lannon Stone Realty LLC
Listed By:
Mary Tesch · License #87151-94
(262) 894-6762
Source:
Nikolicgroup
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 7 at 4:08PM
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 Lannon Stone Realty LLC
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Investment Insights
Based on property information with market context.
This duplex property dates to 1880 and includes a separate 576-square-foot cottage with one bedroom. A 60' x 40' pole shed with electricity adds substantial enclosed utility space for storage, equipment, hobbies, or workshop use. The property also offers more than 10 acres and approximately 723 feet along the Rock River.
Located at N3269 County Road K in Jefferson, Wisconsin, the property combines residential improvements with extensive river frontage and acreage. The separate cottage provides an additional structure on the site, while the powered shed expands the property's functional capacity.
Located at N3269 County Road K in Jefferson, Wisconsin, the property combines residential improvements with extensive river frontage and acreage. The separate cottage provides an additional structure on the site, while the powered shed expands the property's functional capacity.
Key Highlights
- Duplex property built in 1880
- More than 10 acres with approximately 723 feet of Rock River frontage
- Separate 576‑square‑foot, 1‑bedroom cottage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,776
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,520
$575.5K
Cap Rate 7%
$411,086
$411.1K
Cap Rate 9%
$319,733
$319.7K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$44.0K $16.20/SF
− Vacancy
−$2.9K −$1.05/SF
EGI
$41.1K $15.15/SF
− OpEx
−$12.3K −$4.54/SF
NOI
$28.8K $10.60/SF
Area
Jefferson County, WI
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,520
Cap Rate 7%
$411,086
Cap Rate 9%
$319,733
Alternative Uses
Best Use
Multifamily LT 5
$411.1K
$359.7K – $479.6K
NOI $28,776 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$363.9K
$318.4K – $424.5K
NOI $25,471 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$637.0K
$557.4K – $743.2K
NOI $44,592 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 53549, WI
10,199
Population
4,544
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
71.1 sq mi
ZIP Area
143
Density / Sq Mi
$78,058
Median Household Income
$47,266
Median Earnings
$1,035
Median Rent
$247,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex property with a separate cottage and an electric pole shed.
Where is this duplex located?
The property is located at N3269 County Road K - Jefferson, WI.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Duplex property built in 1880; More than 10 acres with approximately 723 feet of Rock River frontage; Separate 576‑square‑foot, 1‑bedroom cottage
