Two-Unit Home with Fenced
For Sale
$425,000
2129 E Holt Ave, Milwaukee, WI 53207
Each residence offers two bedrooms, one bathroom, and distinct flooring finishes.
Property Size1,665 SF
Price / SF$255.26
Days on Market20
Property Features for 2129 E Holt Ave
General Information
Standard status
Active
Size
1,665 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,254
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Milwaukee North Shore
(414) 400-2709
Listed By:
Thrive Realty Group* · License #89806-94
(414) 400-2709
Source:
Exprealty
Added: Jul 17
Changed: Aug 3
Last Checked: Aug 3 at 3:33AM
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 Keller Williams Milwaukee North Shore
Investment Insights
Based on property information with market context.
This 1,665-square-foot duplex contains two units, each with 2 bedrooms and 1 bathroom. The lower residence features an open living area, an enclosed front porch, and hardwood flooring, while the upper unit has newer flooring. The property was owner-occupied by the sellers for 10 years.
Outdoor features include a large fenced backyard with a pear tree, along with a garage, shed, and parking pad. Fernwood Montessori, Ellen Park, Lake Michigan, and Seminary Woods are within walking distance. The Oak Leaf Trail is nearby for cycling, and I-794 provides access toward downtown Milwaukee.
Outdoor features include a large fenced backyard with a pear tree, along with a garage, shed, and parking pad. Fernwood Montessori, Ellen Park, Lake Michigan, and Seminary Woods are within walking distance. The Oak Leaf Trail is nearby for cycling, and I-794 provides access toward downtown Milwaukee.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- 1,665 square feet of total property size
- Lower unit includes an open living area, enclosed front porch, and hardwood floors
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.0k | $15.00 |
| − Vacancy | −$1.0k | −$0.63 |
| EGI | $23.9k | $14.37 |
| − OpEx | −$7.2k | −$4.31 |
| NOI | $16.7k | $10.06 |
1,665 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$239.3K
$209.4K – $279.1K
NOI $16,748 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$221.5K
$193.9K – $258.5K
NOI $15,508 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$400.1K
$350.1K – $466.8K
NOI $28,008 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bathroom, and distinct flooring finishes.
Where is this duplex located?
The property is located at 2129 E Holt Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1,665 square feet of total property size; Lower unit includes an open living area, enclosed front porch, and hardwood floors
