Duplex with Original
1300 N 70th STREET 1302, Wauwatosa, WI 53213
For Sale
$459,900
Both residences are leased, and the property includes off-street parking for at least four vehicles.
Property Size1,964 SF
Price / SF$234.16
Days on Market9
Property Features for 1300 N 70th STREET 1302
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
deck
garden shed
front patio
washer/dryer
Building Details
Building Size
Year Built
Listing Agency:
Redefined Realty Advisors LLC
Listed By:
William Schmidt · License #7404494
(262) 212-3375
Source:
Prolificrealtygroup
Added: Oct 30
Changed: Nov 6
Last Checked: Nov 6 at 3:02PM
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 Redefined Realty Advisors LLC
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Investment Insights
Based on property information with market context.
Built in 1929, this duplex features hardwood floors, first-floor natural woodwork, stained-glass doors on built-in dining room buffets, and coved dining room ceilings. The kitchens include movable islands. The upper residence has a front patio, while outdoor features also include a deck and garden shed. Basement storage is available, along with a washer and dryer and hookups for an additional set.
The property is in Wauwatosa, near Hart Park and downtown bars, restaurants, and shops. Both residences are currently leased. Off-street parking accommodates at least four vehicles.
The property is in Wauwatosa, near Hart Park and downtown bars, restaurants, and shops. Both residences are currently leased. Off-street parking accommodates at least four vehicles.
Key Highlights
- Two‑unit duplex built in 1929
- Both residences are currently leased
- Hardwood floors, built‑in buffets with stained‑glass doors, and first‑floor natural woodwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,047
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,940
$420.9K
Cap Rate 7%
$300,671
$300.7K
Cap Rate 9%
$233,856
$233.9K
Market Conditions
NOI Build-Up for 1,964 SF
Gross rent
$31.8K $16.20/SF
− Vacancy
−$1.7K −$0.89/SF
EGI
$30.1K $15.31/SF
− OpEx
−$9.0K −$4.59/SF
NOI
$21.0K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,940
Cap Rate 7%
$300,671
Cap Rate 9%
$233,856
Alternative Uses
Best Use
Multifamily LT 5
$300.7K
$263.1K – $350.8K
NOI $21,047 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$268.6K
$235.0K – $313.4K
NOI $18,801 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$465.7K
$407.5K – $543.4K
NOI $32,602 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, and the property includes off-street parking for at least four vehicles.
Where is this duplex located?
The property is located at 1300 N 70th STREET 1302 Wauwatosa, WI.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1929; Both residences are currently leased; Hardwood floors, built‑in buffets with stained‑glass doors, and first‑floor natural woodwork
