Renovated Duplex Near Lake
For Sale
$449,999
3713 E Cudahy Ave #3715, Cudahy, WI 53110
Updated two-unit property near Lake Michigan, neighborhood parks, and Cudahy’s walkable residential setting.
Property Size2,200 SF
Price / SF$204.55
Days on Market28
Property Features for 3713 E Cudahy Ave #3715
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1918
Listing Agency:
Realty of America LLC
Listed By:
Juancarlos Diaz · License #42413
(414) 795-3633
Source:
Milwaukeeforeverhome
Added: Sep 9
Changed: Sep 19
Last Checked: Oct 5 at 3:45PM
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 Realty of America LLC
Investment Insights
Based on property information with market context.
Located at 3713 E Cudahy Ave #3715 in Cudahy, Wisconsin, this duplex contains 2200 square feet across two residential units. Originally built in 1918, the property has been fully renovated, with major updates completed before the next owner takes possession.
The home is positioned a short walk from Lake Michigan and near parks within a walkable Cudahy neighborhood. Its two-unit configuration supports residential income use and may also accommodate an owner-occupant arrangement with rental income from the second unit, as described in the property information.
The home is positioned a short walk from Lake Michigan and near parks within a walkable Cudahy neighborhood. Its two-unit configuration supports residential income use and may also accommodate an owner-occupant arrangement with rental income from the second unit, as described in the property information.
Key Highlights
- Fully renovated duplex with major updates completed
- 2200 square feet across two residential units
- Short walk to Lake Michigan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,576
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,520
$471.5K
Cap Rate 7%
$336,800
$336.8K
Cap Rate 9%
$261,956
$262.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$35.6K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$33.7K $15.31/SF
− OpEx
−$10.1K −$4.59/SF
NOI
$23.6K $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%
$471,520
Cap Rate 7%
$336,800
Cap Rate 9%
$261,956
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $392.9K
NOI $23,576 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$300.9K
$263.3K – $351.0K
NOI $21,060 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$521.7K
$456.5K – $608.7K
NOI $36,519 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 53110, WI
18,204
Population
8,866
Households
2.1
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
3,793
Density / Sq Mi
$66,717
Median Household Income
$46,920
Median Earnings
$977
Median Rent
$201,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property near Lake Michigan, neighborhood parks, and Cudahy’s walkable residential setting.
Where is this duplex located?
The property is located at 3713 E Cudahy Ave #3715 Cudahy, WI.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Fully renovated duplex with major updates completed; 2200 square feet across two residential units; Short walk to Lake Michigan
