Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    All-Brick Duplex with Sunroom Title is generated by Realmo AI

    1571 S 74th St, West Allis, WI 53214

    View on Map
    Claim this Listing
    New
    For Sale
    $299,900

    Duplex/2 Story - West Allis, WI

    Lot size:
    0.12 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 9:06 pm

    Property Features for 1571 S 74th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    2 family
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking
    2
    Appliances
    Dryer, Range, Refrigerator
    Standard status
    Active
    APN
    4530380000
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5253

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1922
    Floors in Building
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    The Raffaele Team*

    Listing agent The Raffaele Team* License #68181-94

    Listing office RE/MAX Lakeside-Central 10303 W Oklahoma Ave, Milwaukee, WI 53221-1974, Milwaukee, WI

    Listing date Jun 1, 2026

    MLS# 1965092 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • All‑brick duplex built in 1922 with two residential units
    • Lower unit: 2BR/1BA with sunroom, spacious living room, dining room, and natural woodwork/hardwood floors
    • Upper unit: 2BR with bright living spaces and a private balcony
    • Heating: forced air with natural gas
    • Kitchen appliances included: range, refrigerator, and dryer
    • Off‑street parking: 2‑car garage plus additional slab

    Overview

    This all-brick two-story duplex is configured as two separate 2-bedroom, 1-bath units, providing a practical layout for owner-occupants or investors. The lower unit includes a sunroom plus a spacious living and dining area with hardwood floors and attractive natural woodwork, creating a classic residential feel. The upper unit offers bright, airy living spaces with an inviting layout and a private balcony, enhancing everyday livability for tenants.

    The property includes off-street parking with a 2-car garage and an additional slab. Located on a one-way street near shopping, dining, and everyday amenities, it also benefits from proximity to the State Fair, supporting convenient day-to-day access for residents.

    As a residential income property, this duplex can appeal to buyers seeking to offset ownership costs through rental income while maintaining the option to live in one unit. The unit-by-unit configuration and added outdoor parking make it a straightforward choice for tenants looking for comfortable, well-finished interiors and for investors focused on manageable residential operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.005259
    Latitude
    43.01341

    Nearby Similar for Sale

    • $299,900

      All-Brick Two-Story Duplex

      All-brick duplex in West Allis with two 2-bedroom units, shared laundry, and a detached two-car garage.
      5317 W Hayes Ave, West Allis, WI 53219
      View Details
    • $344,900

      West Allis Two-Family Home

      Well-maintained duplex on a double lot with income potential.
      2179 S 84th St, West Allis, WI 53227
      View Details
    • $245,000

      Updated Two-Family Duplex Opportunity

      A two-unit property with an updated front unit and rental-ready rear living space in West Allis.
      1431 S 72nd St, West Allis, WI 53214
      View Details
    • $314,900

      West Allis Duplex with Updates

      Well-maintained duplex in West Allis, move-in ready condition.
      9313 W Hayes Ave, West Allis, WI 53227
      View Details
    • $299,900

      West Allis Duplex with Updates

      Spacious duplex with updates, ideal for investors or owner-occupants.
      2175 S 89th St, West Allis, WI 53227
      View Details
    • $1,550,000
      8,732 SF

      USPS Investment Opportunity in West Allis

      Condo unit leased to USPS with redevelopment potential.
      11015 W Oklahoma Ave | West Allis, WI 53227
      View Details
    • $1,930,000
      13,986 SF

      Freestanding Retail Property in West Allis

      Single-tenant retail property leased to Dollar Tree Stores, Inc.
      10725 West Greenfield Avenue, West Allis, WI, 53214
      View Details
    • $2,600,000
      19,173 SF

      Former Retail Space For Sale

      High-visibility retail space suitable for retail, medical, or service uses.
      9220 W Greenfield Ave, West Allis, WI
      View Details
    • $1,995,000
      8,105 SF

      West Allis Retail Investment Opportunity

      Single-tenant net leased investment occupied by Pawn America.
      7530 West Lincoln Avenue, West Allis, WI 53219
      View Details
    • $375,000
      3,120 SF

      West Allis Multifamily Investment Opportunity

      Multifamily property in Conrad Gardens neighborhood with strong rental potential.
      8726 West Mitchell Street, West Allis, WI 53214
      View Details
    • $495,000
      4,560 SF

      West Allis Retail Space

      Retail space available in West Allis, Wisconsin, spanning 4,560 SqFt.
      7528 W Becher St, West Allis, WI 53219
      View Details
    • $750,000

      West Allis Retail Opportunity

      Retail space available in West Allis, Wisconsin.
      I-894 W & W Lincoln Ave | West Allis, WI 53227
      View Details

    FAQs

    What type of property is this?
    Duplex - Two well-appointed 2BR units with off-street parking offer flexible owner-occupied or investment income potential.
    Where is this duplex located?
    The property is located at 1571 S 74th St West Allis, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: All‑brick duplex built in 1922 with two residential units; Lower unit: 2BR/1BA with sunroom, spacious living room, dining room, and natural woodwork/hardwood floors; Upper unit: 2BR with bright living spaces and a private balcony
    (414) 336-5626
    We can help!
    Listing Contact
    The Raffaele Team*
    Real Estate License ID: 68181-94
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1571 S 74th St, West Allis, WI 53214
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!