Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kenosha Duplex with Income Potential Title is generated by Realmo AI

    6600 20th Ave, Kenosha, WI 53143

    View on Map
    Claim this Listing
    For Sale
    $214,900

    Duplex/2 Story - Kenosha, WI

    Lot size:
    0.11 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    74
    Last Refresh:
    May 31 at 11:06 am

    Property Features for 6600 20th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Parking
    2
    Appliances
    Dryer, Range, Refrigerator
    Standard status
    Active
    APN
    0512306258030
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2509.65

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1910
    Floors in Building
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    Chad Scott

    Listing agent Chad Scott License #86654-94

    Listing office EXP Realty, LLC~MKE 342 N Water St, Suite 600, Milwaukee, WI 53202, Middleton, WI

    Listing date Mar 19, 2026

    MLS# 1954336 Listing URL

    Copyright © 2026 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.

    HighLights

    • Duplex: Live in one unit and rent the other for mortgage assistance.
    • Positive Cash Flow: Current rents total $1,850/month.
    • Rental Upside: Potential to increase rents to $2,200/month based on comparable units.
    • Two‑Car Garage: Detached garage with alley access.
    • Two Units: Includes a 2 bed/1 bath lower unit and a 1 bed/1 bath upper unit.
    • Tenant Potential: Opportunity to transfer utility costs to tenants.

    Overview

    This upper/lower duplex in Kenosha features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, both currently occupied by long-term tenants. The property generates $1,850 per month in rental income, with potential for increased revenue, as comparable units rent for $1,200 and $1,000 respectively. The owner currently covers utilities, averaging $355 per month, an expense that could be transferred to tenants through updated leases. The property includes a detached 2-car garage with alley access. The property is being sold as-is. The lot size is 0.11 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.83363
    Latitude
    42.574382

    Nearby Similar for Sale

    • $810,000
      6,100 SF

      Kenosha Warehouse with Automotive Units

      6,100 SF building on 0.44 acres, ideal for investors.
      1329 43rd St, Kenosha, WI 53140
      View Details
    • $950,000
      9,975 SF

      Kenosha Retail Building For Sale

      Approximately 10,000 square foot retail building in Kenosha, Wisconsin.
      4017 80th St, Kenosha, WI 53142
      View Details
    • $650,000
      2,700 SF

      Remodeled Commercial Suite in Kenosha

      Flexible commercial suite with abundant parking and easy access.
      4235 Green Bay Rd, Kenosha, WI 53144
      View Details
    • $850,000
      28,148 SF

      Historic Kenosha Theater with Mixed-Use Potential

      Rare Kenosha property with retail, office, and theater spaces.
      5819 6th Ave, Kenosha, WI 53140
      View Details
    • $570,000

      Kenosha Commercial Property with Licenses

      Family-owned business with licenses, fixtures, and equipment included.
      2827 63rd Street, Kenosha, WI 53143
      View Details
    • $895,000
      3,784 SF

      Kenosha Tavern with Apartment Above

      Established tavern with apartment and additional land near Carthage College.
      1548 Sheridan Rd, Kenosha, WI 53140
      View Details
    • $218,000

      Kenosha Multi-Unit Investment Opportunity

      Multi-unit property with income potential in a convenient Kenosha location.
      6621 18th Ave, Kenosha, WI 53143
      View Details
    • $495,000
      1,976 SF

      Mixed-Use Property in Kenosha, WI

      Mixed-use property with salon and apartment plus adjacent lot.
      6103 23rd Ave, Kenosha, WI 53143
      View Details
    • $1,688,681

      Freestanding Burger King with Drive-Thru

      Single tenant Burger King with drive-thru in Kenosha, Wisconsin.
      6945 75th St , Kenosha, WI 53142
      View Details
    • $350,000

      Established Bar and Music Venue

      Well-maintained corner property with updates and outdoor space.
      1724 52nd St, Kenosha, WI 53140
      View Details
    • $1,975,000
      11,357 SF

      Freestanding Class A Retail Building

      High-visibility retail building in a high-traffic commercial corridor.
      6905 75 Pl, Kenosha, WI 53142
      View Details
    • $225,000

      Kenosha Duplex: Investment Opportunity

      Duplex in Kenosha, Wisconsin, ideal for owner-occupancy or investment.
      6810 23rd Ave, Kenosha, WI 53143
      View Details

    FAQs

    What type of property is this?
    Duplex - Upper/lower duplex in Kenosha with long-term tenants and upside.
    Where is this duplex located?
    The property is located at 6600 20th Ave Kenosha, WI.
    What is the asking price?
    The asking price for this property is $214,900.
    What are key features of this property?
    This property features: Duplex: Live in one unit and rent the other for mortgage assistance.; Positive Cash Flow: Current rents total $1,850/month.; Rental Upside: Potential to increase rents to $2,200/month based on comparable units.
    (262) 331-1621
    We can help!
    Listing Contact
    Chad Scott
    Real Estate License ID: 86654-94
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6600 20th Ave, Kenosha, WI 53143
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!