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Duplex with Detached Garage

2104 S 71st STREET, West Allis, WI 53219

For Sale
$270,000

The upper residence can be occupied by an owner or offered for rent.

Property Size1,471 SF
Price / SF$183.55
Days on Market23

Property Features for 2104 S 71st STREET

General Information

Standard status Active
Size 1,471 SF
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,033

Building Details

Building Size 1,471 SF
Year Built 1925
Listing Agency: Shorewest Realtors - South Metro
Listed By: Ippoliti Property Group* · License #7611594
Source: Stefaniakgroup
Added: Oct 16 Changed: Nov 6 Last Checked: Nov 6 at 1:53PM

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 Shorewest Realtors - South Metro

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1925, this duplex contains 1,471 square feet and includes a two-car garage. The upper unit is available for owner occupancy or rental, while the lower unit has woodwork and character details.

The property is located at 2104 S 71st Street in West Allis, Wisconsin.

Key Highlights

  • 1,471‑square‑foot duplex built in 1925
  • Two‑car garage
  • Upper unit can be used for owner occupancy or rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,750
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,000 $295.0K
Cap Rate 7%
$210,714 $210.7K
Cap Rate 9%
$163,889 $163.9K
Market Conditions
NOI Build-Up for 1,471 SF
Gross rent
$22.1K $15.00/SF
− Vacancy
−$993 −$0.68/SF
EGI
$21.1K $14.33/SF
− OpEx
−$6.3K −$4.30/SF
NOI
$14.8K $10.03/SF
Area
ZIP 53219
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,000
Cap Rate 7%
$210,714
Cap Rate 9%
$163,889

Alternative Uses

Best Use
Multifamily LT 5
$210.7K
$184.4K – $245.8K (±1% cap)
NOI $14,750 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$188.7K
$165.1K – $220.1K (±1% cap)
NOI $13,207 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$353.5K
$309.3K – $412.4K (±1% cap)
NOI $24,745 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 53219, WI

34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Milwaukee County, WI

$123 Jul
$115 Aug
$122 Sep
$118 Oct

Properties on Market for Duplexes in Milwaukee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper residence can be occupied by an owner or offered for rent.
Where is this duplex located?
The property is located at 2104 S 71st STREET West Allis, WI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1,471‑square‑foot duplex built in 1925; Two‑car garage; Upper unit can be used for owner occupancy or rented
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Includes: Price & PSF · Cap rate · Location · Zoning

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