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Two-Unit Duplex Renovation Property
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1232 W Ring St, Milwaukee, WI 53206

Tax-foreclosure duplex requiring essential repairs and completion within 180 days.

Property Size2,356 SF
Price / SF$4.24
Days on Market10

Property Features for 1232 W Ring St

General Information

Standard status Active
Size 2,356 SF
Property subtype Multi-Family

Building Details

Year Built 1921
Listing Agency: Whitten Realty
Listed By: Phillip Chojnacki · License #5415590
Source: Levelupwi
Added: Sep 18 Changed: Sep 27 Last Checked: Sep 26 at 9:26AM

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 Whitten Realty

Investment Insights

Based on property information with market context.

Built in 1921, this 2,356-square-foot duplex includes a two-bedroom, two-bathroom configuration and is being offered in as-is condition. The property requires renovation, with essential repairs identified as part of the required scope of work.

The asset is a City of Milwaukee tax foreclosure property. The buyer must complete the essential repairs within 180 days and obtain City verification of completion before the performance deposit can be returned. Offers require pre-approval or proof of funds covering the purchase price and essential repairs.

Key Highlights

  • 2,356‑square‑foot duplex built in 1921
  • Two‑bedroom, two‑bathroom duplex configuration
  • City of Milwaukee tax foreclosure property

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Tax-foreclosure duplex requiring essential repairs and completion within 180 days.
Where is this duplex located?
The property is located at 1232 W Ring St Milwaukee, WI.
What are key features of this property?
This property features: 2,356‑square‑foot duplex built in 1921; Two‑bedroom, two‑bathroom duplex configuration; City of Milwaukee tax foreclosure property
More about this property
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