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    2962 S Delaware Ave Milwaukee, WI 53207

    For Sale
    $609,000

    Duplex + - Milwaukee, WI

    Lot size:
    0.08 Acres
    Days on Market:
    247
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 2962 S Delaware Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    5030935000
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1915
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty, LLC (608) 412-0704 [email protected]

    Listing agent Lor Vang (866) 848-6990 License #85560-94

    Listing date Apr 11, 2025

    MLS# 1913520 Listing URL

    Copyright © 2025 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bay View Triplex Investment Opportunity

    This triplex in Milwaukee's Bay View neighborhood presents an investment opportunity. The property is currently operating as a short-term rental. It features a four-bedroom front unit, a three-bedroom upper unit, and a one-bedroom lower rear unit. Each unit includes a private entrance, a full bathroom, and private laundry facilities. The property is to be sold fully furnished. Exterior features include a 2.5-car detached garage and a fenced yard/patio. The property is located blocks from the lakefront and South Shore Park. The property is zoned for residential use. The lot size is 0.08 acres. The basement may require repairs. The property is being sold As Is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.880719
    Latitude
    42.990271

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    FAQs

    What type of property is this?
    Triplex - Triplex in Bay View operating as Airbnb, fully furnished.
    Where is this triplex located?
    The property is located at 2962 S Delaware Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $609,000.
    What are key features of this property?
    This property features: - Triplex in Bay View operating as successful Airbnbs.; - Fully furnished units, ready for immediate rental income.; - Each unit has a private entrance, full bath, and private laundry.
    (866) 848-6990
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    Milwaukee, WI 53207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2962 S Delaware Ave Milwaukee, WI 53207
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