Property summary
This exceptional 7-unit apartment building, located in the heart of downtown Appleton, Wisconsin, presents a compelling investment opportunity. The property boasts 6,632 square feet and features a mix of unit sizes, including five 1-bedroom/studios and one spacious 3-bedroom apartment. A significant portion of the apartments have undergone recent remodeling (2022-2024), enhancing their appeal and rental potential. Further improvements include extensive masonry repairs and partial roof… replacement within the last two years. The building also includes a leased warehouse space and a garage, providing additional income streams. Ample parking is available for all tenants. The property sits on a prime downtown Appleton lot, zoned CBD, ensuring strong tenant demand. The current cap rate stands at 8.2%, projected to increase to 9.24% in March 2025 due to scheduled rent increases. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a thriving Wisconsin city. The asking price is $559,000, representing a price per unit of $79,857.14 and a price per square foot of $84.29. The building was constructed in 1892 and is a two-story structure. This property offers a blend of historical charm and modern updates, making it an attractive investment for both seasoned and emerging real estate investors.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,688 SF
- Lot area
- 0.17 ac
- Year built
- 1892
- Stories
- 2
- APN
- 31-3-1017-00
- Zoning
- CBD
- Assessed value · 2023
- $215,900
- Annual tax · 2023
- $4,043
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is intended to provide a centrally located and readily accessible area that offers a wide variety of retail, service, financial, entertainment, governmental, and residential uses. A broad range of uses is p…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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