Updated Duplex with Expandable
2010 E Oklahoma Ave, Milwaukee, WI 53207
For Sale
New
$439,500
Two residential units feature revised kitchens, renovated bathrooms and hardwood flooring throughout.
Property Size2,125 SF
Price / SF$206.82
Days on Market2
Property Features for 2010 E Oklahoma Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
hardwood floors
updated kitchens
remodeled bathrooms
Building Details
Year Built
Listing Agency:
Coldwell Banker River Valley, Realtors
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Nov 12
Last Checked: Nov 12 at 2:47PM
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 River Valley, Realtors
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Investment Insights
Based on property information with market context.
Built in 1894, this duplex contains 2,125 square feet across two units. Interior features include hardwood floors, updated kitchens and remodeled bathrooms. An expandable attic provides additional space for possible future finishing.
The property is at 2010 E Oklahoma Ave in Milwaukee, with shops, restaurants and entertainment along Kinnickinnic Avenue a few blocks away. Lake Michigan is approximately seven to eight blocks from the address.
Two off-street parking spaces are located at the rear. The roof was replaced in 2014.
The property is at 2010 E Oklahoma Ave in Milwaukee, with shops, restaurants and entertainment along Kinnickinnic Avenue a few blocks away. Lake Michigan is approximately seven to eight blocks from the address.
Two off-street parking spaces are located at the rear. The roof was replaced in 2014.
Key Highlights
- Two‑unit residential property totaling 2,125 square feet
- Hardwood flooring throughout both units
- Updated kitchens and remodeled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,375
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,500
$427.5K
Cap Rate 7%
$305,357
$305.4K
Cap Rate 9%
$237,500
$237.5K
Market Conditions
NOI Build-Up for 2,125 SF
Gross rent
$31.9K $15.00/SF
− Vacancy
−$1.3K −$0.63/SF
EGI
$30.5K $14.37/SF
− OpEx
−$9.2K −$4.31/SF
NOI
$21.4K $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%
$427,500
Cap Rate 7%
$305,357
Cap Rate 9%
$237,500
Alternative Uses
Best Use
Multifamily LT 5
$305.4K
$267.2K – $356.3K
NOI $21,375 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$282.7K
$247.4K – $329.9K
NOI $19,792 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$510.7K
$446.8K – $595.8K
NOI $35,746 @ 7.0% cap · market cap 8.13%
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
423
Businesses Nearby
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Business Placement
Demographics for 53207, WI
34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value
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Market
Average Price Trend$/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 - Two residential units feature revised kitchens, renovated bathrooms and hardwood flooring throughout.
Where is this duplex located?
The property is located at 2010 E Oklahoma Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $439,500.
What are key features of this property?
This property features: Two‑unit residential property totaling 2,125 square feet; Hardwood flooring throughout both units; Updated kitchens and remodeled bathrooms
