House Hack or Turnkey Duplex in Midwest WI | $2,300/mo Potential | $325,000 Asking

[Katie Hartung]

Dreaming of a low-maintenance, income-generating duplex just outside the Twin Cities? Check out this fully rebuilt duplex in Durand, WI — only 1 hour and 20 minutes from the metro, but a world away in affordability.

🏠 Duplex Highlights:
• Upper Unit: 1 bed / 1 bath | Rents for $900/mo
• Lower Unit: 3 bed / 1 bath | Rents for $1,400/mo (conservative)
• Total Monthly Rent: $2,300
• Separate laundry for each unit
• Attached garage (lower unit), huge basement
• Both units have private decks with gorgeous river views
• Brand new granite kitchens, cabinets, siding, mechanicals — down-to-the-studs remodel

📊 Financial Snapshot (Estimates):
Asking Price: $325,000
Gross Rent: $2,300/month or $27,600/year
Estimated Taxes/Insurance/Maintenance: ~$6,600/year
Projected Net Operating Income (NOI): ~$21,000/year
Cap Rate: ~6.5%
(No major repairs needed – minimal expenses from Day 1)

🛶 Steps from downtown Durand: restaurants, shops, riverfront access
🍷 20 minutes to Pepin & Stockholm – lakeside towns with great dining & boutique shops
🚗 1hr 20min to Twin Cities – great for commuters or attracting urban renters looking to escape the metro

🏡 Perfect for:
✔ First-time investor looking to house hack (live in one, rent the other)
✔ Out-of-state investor seeking stable cash flow
✔ Anyone wanting a like-new build in an up-and-coming Midwest town

Opportunities like this don’t sit long in the Midwest. DM me for a full breakdown or walk through video.