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    Algoma, WI
    Quadplex

    Algoma, WI Quadplexes for Sale

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    Four-Unit Residential Income Quadplex
    Updated: Apr 22
    Four-Unit Residential Income Quadplex

    409 3rd St, Algoma, WI 54201

    $299,900
    2,800 sqft 0.21 AC lot
    Algoma investment property with $2,900/month rent and 4 total units
    Roof is 2 years old
    Fresh paint updates completed last year
    3 of the 4 units updated within the last 5 years
    Heating includes forced air, heat pump, and space heaters
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    This listing looks promising.

    Here's a quick look at some key insights for

    409 3rd St, Algoma, WI 54201

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Mortgage

      $168K
      Apr 2018

    • Last Sold

      Feb 2020
      $60K

    • Property Type

      Commercial (General)
      Built 1930
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Algoma, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Producing Fourplex in Green Bay
    Income-Producing Fourplex in Green Bay

    434 S JACKSON Street, Green Bay, WI 54301

    $399,900
    3,267 sqft 0.32 AC lot

    Renovated fourplex with potential for a fifth unit.

    View details
    Updated Green Bay Fourplex Investment
    Updated Green Bay Fourplex Investment

    325 S JEFFERSON Street, Green Bay, WI 54301

    $498,000
    3,780 sqft 0.23 AC lot

    Updated fourplex in downtown Green Bay, leased and generating income.

    View details
    Brillion Multifamily Investment Opportunity
    Brillion Multifamily Investment Opportunity

    N8807 MAIN Street, Brillion, WI 54110

    $249,000
    3,957 sqft 0.25 AC lot

    Four-unit multifamily property with updates and rental history in Brillion.

    View details
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    N8807 MAIN Street, Brillion, WI 54110

    $249,000
    3,957 sqft

    Four-unit multifamily property with recent updates and a gravel parking area in the backyard.

    View details

    Algoma, WI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Algoma, WI on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $299,900.

    Sale prices for four-unit buildings in Algoma, WI average $299,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Short term rental properties 2
    Quadplexes 1

    Demographics Overview

    Population 5,178
    Population Growth (5Y) -0.2%
    Median Household Income $65,772
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Algoma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54201 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $16.26 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

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