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603 N Richmond St, Appleton, WI, 54914

4beds
3baths
2,008sqft
$329,900
$164price/sqft
$2,348/moest. monthly cost
$93,920/yrincome needed

About This Home

Fully occupied mixed-use 4-unit investment property generating $3,768/month ($45,216 annualized). Diverse unit mix includes three residential units and one commercial space, providing stable, consistent income. The commercial unit is roughly 800 square feet bringing the total square footage to 2808. Strong rental history with clean, well-maintained interiors and opportunity for future rent upside. High-visibility location with convenient access to local amenities. Financials, rent roll, and lease documents available upon request. All measurements are approximate and not guaranteed; buyer to verify all dimensions.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

5/10
Lincoln Elementary SchoolGrades PK-60.5 mi
3/10
Wilson Middle SchoolGrades 7-80.5 mi
4/10
West High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Block
  • Construction materials: Shake Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,808

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Forced Air

Interior Area

  • Total interior livable area: 2,008 sqft

Property

Accessibility

  • Accessibility features: 1st Floor Bedroom,1st Floor Full Bath

Details

  • Parcel number: 315130400
  • Zoning: Multi-Family(4Units)

Lot

  • Lot size: 0.40 Acres

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$124$1,488
Property Taxes $368$4,416
Electricity $188$2,264
Total$2,348$28,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,502/yr
40% on housing$70,440/yr
45% on housing$62,613/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 54914$156
Outagamie County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 54914$175
Outagamie County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$359,900

For Sale by Agent

AgentChris M Michala
BrokerageStandard Real Estate Services, LLC

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