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Duplex with Renovated Kitchen

2162 N 66th St, Wauwatosa, WI 53213

For Sale
$415,000

The two-unit home pairs preserved woodwork with a renovated lower-level kitchen and a large backyard patio.

Property Size2,277 SF
Price / SF$182.26
Days on Market30

Property Features for 2162 N 66th St

General Information

Standard status Active
Size 2,277 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

patio

Building Details

Year Built 1919
Listing Agency: Homestead Realty, Inc
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Oct 9 Changed: Nov 6 Last Checked: Nov 6 at 3:03PM

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 Homestead Realty, Inc

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Investment Insights

Based on property information with market context.

Built in 1919, this 2,277-square-foot duplex retains original woodwork and period details. The lower kitchen has been renovated, while the upper unit offers rental potential. A spacious patio extends the outdoor area into the backyard.

The property is at 2162 N 66th St in Wauwatosa, Wisconsin. Eateries, coffee shops, a school, and a movie theater are within walking distance.

Key Highlights

  • 2,277‑square‑foot duplex built in 1919
  • Renovated kitchen in the lower unit
  • Original woodwork and period details

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,401
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,020 $488.0K
Cap Rate 7%
$348,586 $348.6K
Cap Rate 9%
$271,122 $271.1K
Market Conditions
NOI Build-Up for 2,277 SF
Gross rent
$36.9K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$34.9K $15.31/SF
− OpEx
−$10.5K −$4.59/SF
NOI
$24.4K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,020
Cap Rate 7%
$348,586
Cap Rate 9%
$271,122

Alternative Uses

Best Use
Multifamily LT 5
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,401 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$311.4K
$272.5K – $363.3K (±1% cap)
NOI $21,798 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$540.0K
$472.5K – $630.0K (±1% cap)
NOI $37,797 @ 7.0% cap · market cap 9.11%
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

827
Businesses Nearby

Demographics for 53213, WI

26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
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 two-unit home pairs preserved woodwork with a renovated lower-level kitchen and a large backyard patio.
Where is this duplex located?
The property is located at 2162 N 66th St Wauwatosa, WI.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,277‑square‑foot duplex built in 1919; Renovated kitchen in the lower unit; Original woodwork and period details
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Includes: Price & PSF · Cap rate · Location · Zoning

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