Duplex with Off-Street
1755 S 73rd Street, Milwaukee, WI 53214
For Sale
New
$275,000
The property has a cared-for exterior and accommodates up to three vehicles off the street.
Property Size1,612 SF
Price / SF$170.60
Days on Market5
Property Features for 1755 S 73rd Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Real Broker Milwaukee
Listed By:
Tyler Vandermolen · License WI #9424894
(262) 622-5977
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 3:20PM
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 Real Broker Milwaukee
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Investment Insights
Based on property information with market context.
This 1,612-square-foot duplex was built in 1925 and is described with a 4/2 configuration. The exterior has received ongoing care, and the overall condition is characterized as well maintained. Off-street parking is available for as many as three vehicles.
The property carries RT2 zoning. Select updates and improvements are identified as potential work, while the current physical condition and parking arrangement provide concrete details for evaluating the existing property.
The property carries RT2 zoning. Select updates and improvements are identified as potential work, while the current physical condition and parking arrangement provide concrete details for evaluating the existing property.
Key Highlights
- 1,612 square feet
- 4/2 duplex configuration
- Off‑street parking for up to three vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,215
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,300
$324.3K
Cap Rate 7%
$231,643
$231.6K
Cap Rate 9%
$180,167
$180.2K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$24.2K $15.00/SF
− Vacancy
−$1.0K −$0.63/SF
EGI
$23.2K $14.37/SF
− OpEx
−$6.9K −$4.31/SF
NOI
$16.2K $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%
$324,300
Cap Rate 7%
$231,643
Cap Rate 9%
$180,167
Alternative Uses
Best Use
Multifamily LT 5
$231.6K
$202.7K – $270.3K
NOI $16,215 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$214.5K
$187.7K – $250.2K
NOI $15,014 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$387.4K
$339.0K – $451.9K
NOI $27,116 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
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Business Placement
Demographics for 53214, WI
34,297
Population
17,530
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
4,831
Density / Sq Mi
$62,712
Median Household Income
$46,304
Median Earnings
$999
Median Rent
$178,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Milwaukee, WI
Properties on Market for Duplexes in Milwaukee
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property has a cared-for exterior and accommodates up to three vehicles off the street.
Where is this duplex located?
The property is located at 1755 S 73rd Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,612 square feet; 4/2 duplex configuration; Off‑street parking for up to three vehicles
