All-Brick 2-Unit
10111 West Cleveland Avenue Unit 10113 West Allis, WI 53227
10111 West Cleveland Avenue Unit 10113, West Allis, WI, 53227
$394,800
For Sale
$394,800
Well-maintained all-brick duplex with private decks, fenced yard, and a newer roof from 2017.
Property Size1,890 SF
Price / SF$208.89
Days on Market46
Property Features for 10111 West Cleveland Avenue Unit 10113
General Information
- Standard status
- Active
- Size
- 1,890 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1955
Listing agency
Shorewest Realtors, Inc.
(262) 797-6453
Listed by
The Roth Team* · License #23405-90
(262) 797-6453
Source
Compass
Added: Jun 7 Updated: Jul 21 at 11:28AM Checked: Jul 22 at 10:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shorewest Realtors, Inc.
Investment Insights
Based on property information with market context.
Well-maintained all-brick 2/2 duplex offering two residential units in a single property. The home includes private outdoor space for each unit with decks overlooking a large patio and a fenced yard. Additional amenities include a storage shed, an oversized 2.5-car garage, and 3-car parking. The roof was replaced in 2017.
Conveniently located with freeway access and just minutes from shopping, dining, and everyday amenities.
Each unit provides spacious living areas and its own deck, making the duplex configuration well suited for an owner-occupant or an investor looking for rental income from both units.
Conveniently located with freeway access and just minutes from shopping, dining, and everyday amenities.
Each unit provides spacious living areas and its own deck, making the duplex configuration well suited for an owner-occupant or an investor looking for rental income from both units.
Key Highlights
- Well‑maintained all‑brick 2/2 duplex, built in 1955
- Total est. 1,890 SF with 2 bedrooms and 1 full bath per unit (4 total rooms per unit)
- Newer roof (2017) and full, block basement
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $16.20 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $28.9k | $15.31 |
| − OpEx | −$8.7k | −$4.59 |
| NOI | $20.3k | $10.72 |
1,890 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.3K
$253.2K – $337.6K
NOI $20,254 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$258.5K
$226.2K – $301.6K
NOI $18,093 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$448.2K
$392.2K – $522.9K
NOI $31,373 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained all-brick duplex with private decks, fenced yard, and a newer roof from 2017.
Where is this duplex located?
The property is located at 10111 West Cleveland Avenue Unit 10113 West Allis, WI.
What is the asking price?
The asking price for this property is $394,800.
What are key features of this property?
This property features: Well‑maintained all‑brick 2/2 duplex, built in 1955; Total est. 1,890 SF with 2 bedrooms and 1 full bath per unit (4 total rooms per unit); Newer roof (2017) and full, block basement
