Renovated Duplex with
N5530 STATE ROAD 76 Shiocton, WI 54170
For Sale
$269,500
MULTI_FAMILY - SHIOCTON, WI
Property Size2,164 SF
Lot Size0.65 Acres
Price / SF$124.54
Days on Market126
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
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
Forced Air, Oil
Water source
Public
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: Jul 26
Last Checked: Jul 27 at 10:06AM
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 up/down duplex presents an investor opportunity. The upper unit has been completely renovated, while the lower unit retains original character and charm. The lower unit features 2 beds and 1 full bath. The renovated upper unit includes 3 beds, 1 and a half bath, and in-unit laundry. Additional laundry hookups are available in the full basement. A new deck and back staircase have been added, and the roof is 10 years old. The property also features 2 new water heaters and a massive front porch. An internal staircase could facilitate conversion to a single-family home. A 4-car garage and large driveway are included on the 0.65-acre lot. Both units are currently occupied on a month-to-month basis. Located in Shiocton, WI, this property offers potential with some TLC. The vacant lot next door is not included.
Key Highlights
- Huge up/down duplex built in 1906 with original character and charm
- Upper unit is completely renovated and includes 3 beds, 1.5 baths, and laundry in the half bath
- Lower unit offers 2 beds and 1 full bath, with additional original character throughout
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Spacious duplex with renovated unit, garage, and investment potential.
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: Huge up/down duplex built in 1906 with original character and charm; Upper unit is completely renovated and includes 3 beds, 1.5 baths, and laundry in the half bath; Lower unit offers 2 beds and 1 full bath, with additional original character throughout