Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2200 S 65Th St, Unit 2202 West Allis, WI 53219

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    Charming West Allis duplex, ideal for owner-occupancy or investment.

    Lot size:
    0.11 Acres

    Property Features for 2200 S 65Th St

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres
    Interior features
    Individual Units, Natural Gas

    Building Details

    Year built
    1929

    We can help!

    Listing Contact
    Doreen Williams
    Source: Kw

    Listing Agency: Pelican Realty Advisors Listing Agent: Doreen Williams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Well-Maintained Duplex in West Allis

    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.
    Property Profile Insight Report 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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9925
    Latitude
    42.9957

    Nearby Similar for Sale

    • New
      $369,900
      2,022 SF

      Leased Duplex and Salon Building

      Turnkey investment property with immediate cash flow in West Allis.
      7000 W National Ave, West Allis, WI 53214
      View Details
    • $290,000
      0.11 Acres

      West Allis Bungalow Two-Family

      Classic bungalow duplex in central West Allis location.
      2175 S 83Rd St, West Allis, WI 53219
      View Details
    • New
      $194,900
      0.16 Acres

      West Allis Duplex Opportunity

      Duplex in West Allis with separate utilities and garage.
      2728 S 83Rd Pl, West Allis, WI 53219
      View Details
    • $299,900

      Versatile Brick Building Investment Opportunity

      Mixed-use building with commercial space and apartments for sale.
      7746 W Becher St, West Allis, WI 53219
      View Details
    • $536,250
      3,712 SF

      West Allis Retail Property

      3,712 SF Retail Space, High ROI
      1112 60 St, West Allis, WI 53214
      View Details
    • Contact for pricing
      4,334 SF

      West Allis Commercial Building

      Commercial building in West Allis, suitable for development or rental.
      6228 W Washington St, West Allis, WI 53214
      View Details
    • Contact for pricing
      1,344 SF

      Retail Space with Basement Storage

      Retail space with basement, high visibility, and easy access.
      11401 W National Ave, West Allis, WI 53227
      View Details
    • $795,000
      7,375 SF

      Executive Office Building, West Allis

      7,375 SF Office & Retail Space, WI
      1025 108 St, West Allis, WI 53214
      View Details
    • Contact for pricing
      19,173 SF

      Former Retail Space For Sale

      High-visibility retail space suitable for retail, medical, or service uses.
      9220 W Greenfield Ave, West Allis, WI 53214
      View Details
    • $775,000
      6,531 SF

      State Fair Inn: West Allis Bar/Restaurant

      Historic West Allis bar & restaurant, huge potential.
      8101 Greenfield Ave, West Allis, WI 53214
      View Details
    • $1,475,000
      15,795 SF

      West Allis Retail Center - $1.475M

      15,795 SF Retail/Office Space, Ample Parking
      2363 102 St, West Allis, WI 53227
      View Details
    • $4,750,000
      14,487 SF

      Walgreens Net Lease Investment

      High-yield Walgreens, Milwaukee MSA
      6101 Greenfield Ave, West Allis, WI 53214
      View Details

    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, Unit 2202 West Allis, WI.
    What is the asking price?
    The asking price for this property is $325,000.
    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.
    (318) 522-7373
    Request Owner's contact information
    2200 S 65Th St, Unit 2202 West Allis, WI 53219
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2200 S 65Th St, Unit 2202
    West Allis, WI 53219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2200 S 65Th St, Unit 2202 West Allis, WI 53219
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Doreen Williams
    Real Estate License ID: 0000069452
    (318) 522-7373
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!