Updated Duplex with Front
New
For Sale
$175,000
2481 W Locust St #2483, Milwaukee, WI 53206
Two-unit property with refreshed interiors, included appliances, and tenants responsible for all utilities.
Property Size2,158 SF
Price / SF$81.09
Days on Market7
Property Features for 2481 W Locust St #2483
General Information
Standard status
Active
Size
2,158 SF
Property subtype
Multi-Family
Additional Details
Cap Rate
9%
Multifamily Units
2
Amenities
front porch
Building Details
Year Built
1916
Buildings
1
Listing Agency:
Abundance Real Estate
Listed By:
Karl Kessler · License #45473
Source:
Housesthatshine
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 30 at 1:31PM
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 Abundance Real Estate
Investment Insights
Based on property information with market context.
This 2,158-square-foot duplex, built in 1916, includes two 2-bedroom, 2-bath units. Both residences have been freshly painted and convey with appliances. Property improvements include a newer roof, newer hot-water heaters, and a recently built front porch. Occupancy is established, with tenants paying all utilities, and the reported cap rate is 6-9.
The property is located at 2481 W Locust St #2483, near Locust and Fond Du Lac. Super Walmart and downtown destinations are approximately 10 minutes away, while the airport and Costco/Sam's Club are approximately 20 minutes away. Access to the occupied unit for showings is permitted only after an accepted offer.
The property is located at 2481 W Locust St #2483, near Locust and Fond Du Lac. Super Walmart and downtown destinations are approximately 10 minutes away, while the airport and Costco/Sam's Club are approximately 20 minutes away. Access to the occupied unit for showings is permitted only after an accepted offer.
Key Highlights
- 2,158 SF duplex built in 1916
- Two 2‑bedroom, 2‑bath units
- 6‑9 cap rate reported
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 53206, WI
22,816
Population
10,077
Households
2.3
Avg Household Size
32
Median Age
7%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
8,450
Density / Sq Mi
$28,995
Median Household Income
$25,655
Median Earnings
$998
Median Rent
$70,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with refreshed interiors, included appliances, and tenants responsible for all utilities.
Where is this duplex located?
The property is located at 2481 W Locust St #2483 Milwaukee, WI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,158 SF duplex built in 1916; Two 2‑bedroom, 2‑bath units; 6‑9 cap rate reported
