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Updated Duplex with Vacant Unit
For Sale
$145,000

1931-1929 N 38th Street, Milwaukee, WI 53208

One apartment is leased while the second is vacant, giving an owner-occupant or investor leasing flexibility.

Property SizeContact for details
Days on Market18

Property Features for 1931-1929 N 38th Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,400
Listing Agency: Coldwell Banker Realty
Listed By: Amarei Bostick
Source: Exprealty
Added: Aug 14 Changed: Aug 31 Last Checked: Aug 31 at 5:58PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This duplex at 1931-1929 N 38th Street includes an occupied lower unit and a vacant upper unit. Recent property improvements include a newer roof, updated electrical work, newer hot water heaters, foundation support beam repairs, replacement soil stack and plumbing, a new furnace, a new front porch, and updated kitchen finishes.

The property is in Milwaukee’s historic Washington Park neighborhood, near local parks and Highway 175, with access toward downtown Milwaukee. The existing occupancy arrangement allows a new owner to retain the current lower-unit tenant while evaluating the upper unit’s next tenancy. Its two-unit configuration also supports an owner-occupant use or continued rental operation.

Key Highlights

  • Duplex with an occupied lower unit and vacant upper unit
  • Newer roof, furnace, and hot water heaters
  • Updated electrical system and kitchen finishes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Computer & Electronic Repair Cafe & Coffee Shop

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

Demographics for 53208, WI

29,644
Population
13,778
Households
2.2
Avg Household Size
33
Median Age
31%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
7,058
Density / Sq Mi
$50,585
Median Household Income
$40,729
Median Earnings
$924
Median Rent
$196,300
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 - One apartment is leased while the second is vacant, giving an owner-occupant or investor leasing flexibility.
Where is this duplex located?
The property is located at 1931-1929 N 38th Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Duplex with an occupied lower unit and vacant upper unit; Newer roof, furnace, and hot water heaters; Updated electrical system and kitchen finishes
More about this property
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