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Two-Unit Duplex Property
For Sale
$230,000

2159 S 25th St, Milwaukee, WI 53215

Historic duplex with flexible month-to-month tenancy and RT4 zoning.

Property Size1,500 SF
Price / SF$153.33
Days on Market57

Property Features for 2159 S 25th St

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi-Family

Additional Details

Asking Price $1,430,000
Multifamily Units 15

Building Details

Year Built 1906
Listing Agency: Apartment Cash Flow, Inc.
Listed By: Max Fiascone · License #55937
Source: Jwregwi
Added: Aug 11 Changed: Sep 26 Last Checked: Oct 5 at 10:00PM

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 Apartment Cash Flow, Inc.

Investment Insights

Based on property information with market context.

This duplex property contains two residential units within a building constructed in 1906. The improvements provide 1,400 net rentable square feet and are currently occupied under month-to-month leases, offering flexibility in future leasing decisions.

The property is located on South 25th Street in Milwaukee, Wisconsin, and carries RT4 zoning. It is included in a four-parcel, 15-unit portfolio being offered together, rather than as an individual sale. Companion properties are located at 1222 W Cleveland Ave, 2167 S 14th St, and 1965 S Muskego Ave.

Key Highlights

  • Two‑unit duplex building constructed in 1906
  • 1,400 net rentable SF
  • Currently leased on a month‑to‑month basis

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,448
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,960 $349.0K
Cap Rate 7%
$249,257 $249.3K
Cap Rate 9%
$193,867 $193.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$26.1K $17.40/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$24.9K $16.62/SF
− OpEx
−$7.5K −$4.99/SF
NOI
$17.4K $11.63/SF
Area
ZIP 53215
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,960
Cap Rate 7%
$249,257
Cap Rate 9%
$193,867

Alternative Uses

Best Use
Multifamily LT 5
$249.3K
$218.1K – $290.8K (±1% cap)
NOI $17,448 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$223.6K
$195.6K – $260.8K (±1% cap)
NOI $15,649 @ 7.0% cap · market cap 6.80%
Theoretical Best
Warehouse
$1.14M
$994.9K – $1.33M (±1% cap)
NOI $79,590 @ 7.0% cap · market cap 34.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Acupuncture

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby

Demographics for 53215, WI

59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Historic duplex with flexible month-to-month tenancy and RT4 zoning.
Where is this duplex located?
The property is located at 2159 S 25th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑unit duplex building constructed in 1906; 1,400 net rentable SF; Currently leased on a month‑to‑month basis
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