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1113 S 13th STREET #1115, Manitowoc, WI, 54220

--beds
--baths
--sqft
$250,000
--price/sqft
$1,822/moest. monthly cost
$72,880/yrincome needed

About This Home

Investment opportunities like this are hard to find. This unique property includes an upper/lower duplex and a separate single-family home on one parcel, creating three income-producing units with one purchase. Each unit offers 2 bedrooms and 1 bathroom.Long-term tenants are in place, generating approximately $2,000/month in rental income. Current rents are below market due to long-term tenancy, offering future upside for investors. All leases are month-to-month, providing flexibility for rent adjustments or future plans.Separate furnaces and electrical service for each unit, plus off-street parking and shared outdoor space with a campfire area.Three units. Three income streams. One property with room to grow.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

4/10
2/10
4/10
Lincoln High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1902

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Appliances included: Seller Owned: Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 000289090
  • Zoning: residential

Lot

  • Lot size: 9,147 sqft

Parking

  • Parking features: Outdoor Space,Inside Parking,Outside

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
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Tsunami

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 $1,264$15,168
Home Insurance *$115$1,380
Property Taxes $272$3,264
Electricity $171$2,054
Total$1,822$21,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,468/yr
40% on housing$54,660/yr
45% on housing$48,586/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: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 54220$181
Manitowoc County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 54220$152
Manitowoc County$150

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)

Price History

DateEventPrice
2026-06-17Listed for sale$250,000

For Sale by Agent

AgentNicole Wooton
BrokerageBold Blazer Group

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