Duplex with Original
2179-2177 N 52nd St, Milwaukee, WI 53208
For Sale
$329,000
Both units are vacant and feature updated kitchens and bathrooms.
Property Size3,063 SF
Price / SF$107.41
Days on Market14
Property Features for 2179-2177 N 52nd St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Listing Agency:
EXP Realty, LLC MKE
(866) 848-6990
Listed By:
Yuliana Guerrero · License WI 93663-94
(414) 248-7153
Source:
Exprealty
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 10 at 9:47AM
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 EXP Realty, LLC MKE
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Investment Insights
Based on property information with market context.
Built in 1915, this 3,063-square-foot duplex retains original woodwork, hardwood flooring and built-in features. Each unit has an updated kitchen and bathroom, and both are vacant. The property also includes a two-car garage and a walk-up attic. Exterior work is needed.
The duplex is located at 2179-2177 N 52nd St in Milwaukee, Wisconsin.
The duplex is located at 2179-2177 N 52nd St in Milwaukee, Wisconsin.
Key Highlights
- 3,063‑square‑foot duplex built in 1915
- Both units are vacant, with updated kitchens and bathrooms
- Original woodwork, hardwood floors and built‑ins
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,529
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,580
$570.6K
Cap Rate 7%
$407,557
$407.6K
Cap Rate 9%
$316,989
$317.0K
Market Conditions
NOI Build-Up for 3,063 SF
Gross rent
$54.0K $17.64/SF
− Vacancy
−$2.2K −$0.71/SF
EGI
$51.9K $16.93/SF
− OpEx
−$23.3K −$7.62/SF
NOI
$28.5K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,580
Cap Rate 7%
$407,557
Cap Rate 9%
$316,989
Alternative Uses
Best Use
Multifamily LT 5
$440.2K
$385.1K – $513.5K
NOI $30,811 @ 7.0% cap · market cap 9.37%
Second Best
Apartment 5plus
$407.6K
$356.6K – $475.5K
NOI $28,529 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$736.1K
$644.1K – $858.8K
NOI $51,525 @ 7.0% cap · market cap 15.66%
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
917
Businesses Nearby
Explore this area
Business Placement
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
$196,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee, WI
Properties on Market for Duplexes in Milwaukee
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both units are vacant and feature updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 2179-2177 N 52nd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3,063‑square‑foot duplex built in 1915; Both units are vacant, with updated kitchens and bathrooms; Original woodwork, hardwood floors and built‑ins
