Renovated Upper Duplex with Four-Car
For Sale
$269,500
N5530 STATE ROAD 76, Shiocton, WI 54170
MULTI_FAMILY - SHIOCTON, WI
Property Size2,164 SF
Lot Size0.65 Acres
Price / SF$124.54
Days on Market136
Property Features for N5530 STATE ROAD 76
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
2 Family/Duplex,Resident
Parking
4
Accessibility
Accessible Approach with Ramp
Lot features
Corner Lot
Elementary school
Shiocton
Middle school
Shiocton
High school
Shiocton
Elementary school district
Shiocton
Middle school district
Shiocton
High school district
Shiocton
Directions
N State Rd 76, W on Hwy S until you meet back with 76 N. Follow 76 through town until the corner of 76 & Elm across from the saw mill. Park on road.
Standard status
Active
APN
280042500, 280042400,280042300
Size
2,164 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2589
Utilities
Sewer type
Public Sewer
Heating system
Oil, Forced Air
Water source
Public
Amenities
front porch
deck
in-unit laundry
laundry hookups
Building Details
Year built
1906
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Expert Real Estate Partners, LLC
(920) 903-1600
Listed By:
Megan E. Lone · License #9069251
(920) 225-9627
Added: Mar 24
Changed: Aug 5
Last Checked: Aug 6 at 1:06AM
MLS# 50323537
Copyright © 2026 Realtor Association of Northeast Wisconsin. 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 duplex features an up-and-down layout with two separate units. The lower unit has 2 bedrooms and 1 full bathroom and retains original character. The upper unit has been completely renovated, offering 3 bedrooms, 1 and a half bathrooms, and laundry in the half bath. The interior includes an internal staircase with the potential to convert the setup to a single-family layout, and there are additional laundry hook-ups in the full basement. Exterior improvements include a new deck and back staircase, and a roof that is about 10 years old. Two new water heaters serve the property. An accessible approach with a ramp is also included.
Set on a 0.65-acre lot, the property is a 1906-built home with vinyl siding and oil forced-air heating, with public water and public sewer. Both units are currently occupied on month-to-month terms. A massive front porch, large driveway, and a 4-car garage support day-to-day tenant needs. A vacant lot next door is noted as not included.
Set on a 0.65-acre lot, the property is a 1906-built home with vinyl siding and oil forced-air heating, with public water and public sewer. Both units are currently occupied on month-to-month terms. A massive front porch, large driveway, and a 4-car garage support day-to-day tenant needs. A vacant lot next door is noted as not included.
Key Highlights
- Upper unit completely renovated with 3 bedrooms and 1.5 bathrooms plus laundry in the half
- Lower unit offers 2 bedrooms and 1 full bathroom
- Roof is about 10 years old and two new water heaters installed
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $11.40 |
| − Vacancy | −$1.1k | −$0.51 |
| EGI | $23.6k | $10.89 |
| − OpEx | −$7.1k | −$3.27 |
| NOI | $16.5k | $7.62 |
2,164 SF · lease $11.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,492 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$220.5K
$193.0K – $257.3K
NOI $15,436 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$596.6K
$522.1K – $696.1K
NOI $41,765 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 54170, WI
3,863
Population
1,624
Households
2.4
Avg Household Size
44
Median Age
18%
College-Educated
92%
High-School Grad
121.0 sq mi
ZIP Area
32
Density / Sq Mi
$76,705
Median Household Income
$48,397
Median Earnings
$832
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Upper unit is completely renovated with in-unit laundry, and both month-to-month units are supported by a four-car garage.
Where is this duplex located?
The property is located at N5530 STATE ROAD 76 Shiocton, WI.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: Upper unit completely renovated with 3 bedrooms and 1.5 bathrooms plus laundry in the half; Lower unit offers 2 bedrooms and 1 full bathroom; Roof is about 10 years old and two new water heaters installed
