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Tenant-Occupied Duplex with Garage
For Sale
$200,000

1560 S 24th St, Milwaukee, WI 53204

Two occupied units feature separate utility metering and month-to-month lease arrangements.

Property Size2,092 SF
Price / SF$95.60
Days on Market43

Property Features for 1560 S 24th St

General Information

Standard status Active
Size 2,092 SF
Total Parking Spaces 3
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 3 BR, 1 BA, 4 BR, 1 BA
Multifamily Units 2

Additional Details

Average Monthly Rent $937.50
Utilities to Site Yes

Building Details

Year Built 1904
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Jul 19 Changed: Aug 28 Last Checked: Aug 29 at 9:08AM

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 Keller Williams Realty-Milwaukee Southwest

Investment Insights

Based on property information with market context.

This 2,092-square-foot duplex, built in 1904, contains two occupied residences with month-to-month leases. The upper unit includes three bedrooms and one bathroom, while the lower unit provides four bedrooms and one bathroom. Electric and gas service are separately metered, with tenants responsible for those utilities.

Property improvements include a new roof, new front steps, and water heaters installed in 2020 and 2014. The lot includes a backyard and a three-car garage that is currently leased. Located at 1560 S 24th St in Milwaukee, Wisconsin, the property combines established construction with occupied residential units and separate utility infrastructure.

Key Highlights

  • 2,092‑square‑foot duplex built in 1904
  • Upper unit: 3 BR, 1 BA; lower unit: 4 BR, 1 BA
  • Both units are tenant occupied with MTM leases

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Electrical Service 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.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

Demographics for 53204, WI

39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value

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 - Two occupied units feature separate utility metering and month-to-month lease arrangements.
Where is this duplex located?
The property is located at 1560 S 24th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 2,092‑square‑foot duplex built in 1904; Upper unit: 3 BR, 1 BA; lower unit: 4 BR, 1 BA; Both units are tenant occupied with MTM leases
More about this property
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