Well-Maintained Duplex in West
2200 S 65th St #2202, West Allis, WI 53219
Charming West Allis duplex, ideal for owner-occupancy or investment.
Type:Multi-Family
Property size:
2,108 SFPrice / SF:
$147/SF- Added:
- Aug 14, 2025
- Days on Market:
- 291
- Last Refresh:
- May 19 at 10:29 pm
Property Features for 2200 S 65th St #2202
General Information
- Standard status
- Active
- Size
- 2,108 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1929
Listing agent (262) 264-8454 License #0000069452 (262) 264-8454
Listing office Nikolic Group Real Estate Inc. (262) 264-8454
Listing date Aug 14, 2025
Source Kw
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 Nikolic Group Real Estate Inc.
HighLights
- Well‑maintained duplex in a desirable West Allis location, suitable for owner‑occupancy or investment.
- Lower unit features old world charm with stained glass windows, beautiful woodwork, faux fireplace, tray ceilings & arched doorways.
- Upper unit includes a bonus 5 x 10 room suitable for an office and large attic space for storage.
- Updated bathrooms and recent updates including new central air for the upper unit (2025), garage door (2023), drain tiles & sump pump (2024).
- Includes appliances, washer & dryer, and one‑car attached garage.
- Large yard with patio.
Overview
This well-maintained duplex is located in a desirable area of West Allis. The lower unit features 2 bedrooms, an eat-in kitchen with a pantry, stained glass windows, woodwork, a faux fireplace, tray ceilings, and arched doorways. The upper unit offers 2 bedrooms, an eat-in kitchen with appliances, a 5 x 10 room suitable for an office, and a large attic space for storage. The property includes hardwood floors under most carpeting. The basement has a washer, dryer, and a new toilet. The bathrooms have been updated. New central air for the upper unit is planned for 2025. Two water heaters and a garage door were updated in 2023, and drain tiles and a sump pump were installed in 2024. The property also features a one-car attached garage and a large yard with a patio. This property, with a size of 2108 square feet, is suitable for owner-occupancy or as an investment property.
Local 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 | $31.6k | $15.00 |
| − Vacancy | −$1.4k | −$0.68 |
| EGI | $30.2k | $14.33 |
| − OpEx | −$9.1k | −$4.30 |
| NOI | $21.1k | $10.03 |
2,108 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.0K
$264.2K – $352.3K
NOI $21,138 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$270.4K
$236.6K – $315.4K
NOI $18,926 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$506.6K
$443.3K – $591.0K
NOI $35,460 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- West Allis
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9930031
- Latitude
- 43.004588
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Charming West Allis duplex, ideal for owner-occupancy or investment.
Where is this duplex located?
The property is located at 2200 S 65th St #2202 West Allis, WI.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Well‑maintained duplex in a desirable West Allis location, suitable for owner‑occupancy or investment.; Lower unit features old world charm with **stained glass windows, beautiful woodwork, faux fireplace, tray ceilings & arched doorways.**; Upper unit includes a bonus 5 x 10 room suitable for an office and large attic space for storage.
