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Duplex with Separate Utility Meters
New
For Sale
$159,900

2155 N 32nd St, Milwaukee, WI 53208

One apartment is occupied under lease, while the other is vacant and ready for immediate occupancy.

Property Size2,256 SF
Price / SF$70.88
Days on Market3

Property Features for 2155 N 32nd St

General Information

Standard status Active
Size 2,256 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

full basement for storage

Building Details

Year Built 1914
Listing Agency: Riverwest Realty Milwaukee
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Oct 7 Changed: Oct 9 Last Checked: Oct 7 at 10:39AM

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 Riverwest Realty Milwaukee

Investment Insights

Based on property information with market context.

Built in 1914, this 2,256-square-foot duplex contains two 2-bedroom, 1-bathroom apartments. The lower unit is leased through April 2027; the upper unit is vacant, freshly painted, and has updated flooring and bay windows. Natural woodwork, a full basement for storage, and paved off-street parking accessed from the alley are also part of the property. Gas and electric service are separately metered for the two apartments.

The property is at 2155 N 32nd St in Milwaukee, with access to North Ave and downtown. The vacant upper apartment is available for occupancy, while the lower unit remains under lease.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom apartments in a 2,256‑square‑foot duplex
  • Lower apartment leased through April 2027
  • Vacant upper apartment has updated flooring, fresh paint, and bay windows

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Electrical Service

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

692
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 occupied under lease, while the other is vacant and ready for immediate occupancy.
Where is this duplex located?
The property is located at 2155 N 32nd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom apartments in a 2,256‑square‑foot duplex; Lower apartment leased through April 2027; Vacant upper apartment has updated flooring, fresh paint, and bay windows
More about this property
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