Updated Two-Unit
For Sale
$380,000
1742 N Pulaski St, Milwaukee, WI 53202
Upper and lower residences offer distinctive period details, spacious kitchens, formal dining rooms, and on-site laundry.
Property Size2,938 SF
Price / SF$129.34
Days on Market47
Property Features for 1742 N Pulaski St
General Information
Standard status
Active
Size
2,938 SF
Property subtype
Multi-Family
Building Details
Year Built
1913
Listing Agency:
Homewire Realty
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 8:51AM
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 Homewire Realty
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Investment Insights
Based on property information with market context.
This 2,938-square-foot duplex, built in 1913, contains two updated residences in an upper-and-lower configuration. The lower unit has 2 bedrooms and 1 bath, while the upper unit includes 4 bedrooms and 1 bath, along with a finished third floor featuring skylights and flexible additional space. Both units include hardwood floors, arched doorways, built-ins, crown molding, formal dining rooms, and spacious kitchens with butler’s pantries. Appliances are included.
A private rear entrance provides separate access across all 3 levels, and laundry is located on site. Owner improvements completed from 2022-2026 include new carpet, refinished hardwood floors, fresh paint, and new fixtures. The boilers were replaced in 2016 and the roof was replaced in 2020. The property is located at 1742 N Pulaski St in Milwaukee, near Brady Street’s dining, shopping, and entertainment.
A private rear entrance provides separate access across all 3 levels, and laundry is located on site. Owner improvements completed from 2022-2026 include new carpet, refinished hardwood floors, fresh paint, and new fixtures. The boilers were replaced in 2016 and the roof was replaced in 2020. The property is located at 1742 N Pulaski St in Milwaukee, near Brady Street’s dining, shopping, and entertainment.
Key Highlights
- Two‑unit duplex with a 2‑bedroom lower residence and 4‑bedroom upper residence
- Finished third floor with skylights and flexible additional space
- 2,938 square feet; built in 1913
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,553
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,060
$591.1K
Cap Rate 7%
$422,186
$422.2K
Cap Rate 9%
$328,367
$328.4K
Market Conditions
NOI Build-Up for 2,938 SF
Gross rent
$44.1K $15.00/SF
− Vacancy
−$1.9K −$0.63/SF
EGI
$42.2K $14.37/SF
− OpEx
−$12.7K −$4.31/SF
NOI
$29.6K $10.06/SF
Area
Milwaukee, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,060
Cap Rate 7%
$422,186
Cap Rate 9%
$328,367
Alternative Uses
Best Use
Multifamily LT 5
$422.2K
$369.4K – $492.6K
NOI $29,553 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$390.9K
$342.1K – $456.1K
NOI $27,364 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$706.0K
$617.8K – $823.7K
NOI $49,422 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,024
Businesses Nearby
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Business Placement
Demographics for 53202, WI
27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower residences offer distinctive period details, spacious kitchens, formal dining rooms, and on-site laundry.
Where is this duplex located?
The property is located at 1742 N Pulaski St Milwaukee, WI.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two‑unit duplex with a 2‑bedroom lower residence and 4‑bedroom upper residence; Finished third floor with skylights and flexible additional space; 2,938 square feet; built in 1913
