Three-Story Side-by-Side
For Sale
$370,000
1746 N Cambridge Ave, Milwaukee, WI 53202
Two attached units offer kitchen-to-deck access and a fenced rear yard.
Property Size3,406 SF
Price / SF$108.63
Days on Market63
Property Features for 1746 N Cambridge Ave
General Information
Standard status
Active
Size
3,406 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
back decks
private fenced in yard
Building Details
Year Built
1900
Stories
3
Listing Agency:
Nilsen Realty
Listed By:
Keith Nilsen · License #50340-90
(262) 878-4706
Source:
Levelupwi
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 7 at 2:24PM
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 Nilsen Realty
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Investment Insights
Based on property information with market context.
This three-story duplex contains two side-by-side residential units within a 3,406-square-foot property built in 1900. Each unit includes a kitchen with patio-door access to a rear deck, and the property has a privately fenced yard.
The building is located at 1746 N Cambridge Ave in Milwaukee, Wisconsin, approximately one-half block from Brady Street. Its attached two-unit arrangement and outdoor areas provide a defined residential income-property configuration.
The building is located at 1746 N Cambridge Ave in Milwaukee, Wisconsin, approximately one-half block from Brady Street. Its attached two-unit arrangement and outdoor areas provide a defined residential income-property configuration.
Key Highlights
- 3,406‑square‑foot duplex built in 1900
- Three‑story, side‑by‑side two‑unit configuration
- Kitchens provide patio‑door access to rear decks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,723
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,460
$634.5K
Cap Rate 7%
$453,186
$453.2K
Cap Rate 9%
$352,478
$352.5K
Market Conditions
NOI Build-Up for 3,406 SF
Gross rent
$60.1K $17.64/SF
− Vacancy
−$2.4K −$0.71/SF
EGI
$57.7K $16.93/SF
− OpEx
−$26.0K −$7.62/SF
NOI
$31.7K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,460
Cap Rate 7%
$453,186
Cap Rate 9%
$352,478
Alternative Uses
Best Use
Multifamily LT 5
$489.4K
$428.3K – $571.0K
NOI $34,261 @ 7.0% cap · market cap 9.26%
Second Best
Apartment 5plus
$453.2K
$396.5K – $528.7K
NOI $31,723 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$818.5K
$716.2K – $954.9K
NOI $57,294 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,106
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached units offer kitchen-to-deck access and a fenced rear yard.
Where is this duplex located?
The property is located at 1746 N Cambridge Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 3,406‑square‑foot duplex built in 1900; Three‑story, side‑by‑side two‑unit configuration; Kitchens provide patio‑door access to rear decks
