Mixed-Use Property with
New
For Sale
$415,000
1411 Rawson Avenue, South Milwaukee, WI 53172
The duplex provides residential rental income alongside a separate commercial space with its own entrance, storage, and bathroom.
Property Size3,200 SF
Price / SF$129.69
Days on Market6
Property Features for 1411 Rawson Avenue
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Residential Income
Additional Details
Mixed-Use Components
residential, retail
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,147
Amenities
private entrance
storage
bathroom
Building Details
Tenancy
Multi
Listing Agency:
Venture Real Estate Group LLC
(414) 704-8400
Listed By:
Alyssa Hergert
(414) 810-8114
Source:
Exprealty
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 2:55PM
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 Venture Real Estate Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines a duplex with a 615-square-foot storefront. The commercial space has a private entrance, storage, and a bathroom. Both residential units are occupied and professionally managed, while the storefront is expected to be vacant by the end of November. An additional 758 square feet of unfinished attic space is part of the property.
Key Highlights
- 615‑square‑foot storefront with private entrance, storage, and bathroom
- Duplex with both residential units occupied and professionally managed
- 758 square feet of unfinished attic space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,292
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,840
$685.8K
Cap Rate 7%
$489,886
$489.9K
Cap Rate 9%
$381,022
$381.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$51.8K $16.20/SF
− Vacancy
−$2.9K −$0.89/SF
EGI
$49.0K $15.31/SF
− OpEx
−$14.7K −$4.59/SF
NOI
$34.3K $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%
$685,840
Cap Rate 7%
$489,886
Cap Rate 9%
$381,022
Alternative Uses
Best Use
Mixed Use
$562.3K
$492.0K – $656.0K
NOI $39,360 @ 7.0% cap · market cap 9.48%
Second Best
Multifamily LT 5
$489.9K
$428.7K – $571.5K
NOI $34,292 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$758.8K
$664.0K – $885.3K
NOI $53,119 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
Demographics for 53172, WI
20,795
Population
9,150
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
4,332
Density / Sq Mi
$70,146
Median Household Income
$42,958
Median Earnings
$1,014
Median Rent
$216,400
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - The duplex provides residential rental income alongside a separate commercial space with its own entrance, storage, and bathroom.
Where is this mixed-use property located?
The property is located at 1411 Rawson Avenue South Milwaukee, WI.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 615‑square‑foot storefront with private entrance, storage, and bathroom; Duplex with both residential units occupied and professionally managed; 758 square feet of unfinished attic space
