Townhome-Style
2200 South Winchester Street Unit 2202 Milwaukee, WI 53207
2200 South Winchester Street Unit 2202, Milwaukee, WI, 53207
$474,900
For Sale
$474,900
Duplex with two private units, including townhome-style living with vaulted ceilings and separate laundry setups.
Property Size2,548 SF
Price / SF$186.38
Days on Market15
Property Features for 2200 South Winchester Street Unit 2202
General Information
- Standard status
- Active
- Size
- 2,548 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1890
Listing agency
Keller Williams Realty-Lake Country
(262) 719-0676
Listed by
Tony Wendorf & Associates Team* · License #84954-94
(262) 719-0676
Source
Compass
Added: Jul 9 Updated: Jul 21 at 4:55AM Checked: Jul 22 at 11:30AM
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 Keller Williams Realty-Lake Country
Investment Insights
Based on property information with market context.
This duplex features two distinct, independently oriented units with private outdoor space and separate laundry arrangements. The main east-facing unit offers a spacious townhome-style layout with vaulted ceilings, three bedrooms, 1.5 bathrooms, and in-unit laundry. The second west-facing unit includes two bedrooms, one full bathroom, private basement access, separate laundry, and a natural fireplace.
The property is located at 2200 South Winchester Street, Unit 2202, in Milwaukee, and is described as being just steps from restaurants, coffee shops, shopping, Lake Michigan, and South Shore Park.
Additional conveniences include private airing porches for each unit, parking for approximately 5–6 vehicles, and a storage shed.
The property is located at 2200 South Winchester Street, Unit 2202, in Milwaukee, and is described as being just steps from restaurants, coffee shops, shopping, Lake Michigan, and South Shore Park.
Additional conveniences include private airing porches for each unit, parking for approximately 5–6 vehicles, and a storage shed.
Key Highlights
- Bay View duplex built in 1890 with two private units: 3BD/1.5BA and 2BD/1BA
- East‑facing unit features townhome‑style layout with vaulted ceilings and in‑unit laundry (3 bedrooms, 1.5 bathrooms)
- West‑facing unit includes private basement access, separate laundry, and a natural fireplace (2 bedrooms, 1 full bathroom)
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 | $38.2k | $15.00 |
| − Vacancy | −$1.6k | −$0.63 |
| EGI | $36.6k | $14.37 |
| − OpEx | −$11.0k | −$4.31 |
| NOI | $25.6k | $10.06 |
2,548 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.1K
$320.4K – $427.2K
NOI $25,630 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$339.0K
$296.7K – $395.5K
NOI $23,732 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$612.3K
$535.8K – $714.4K
NOI $42,861 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two private units, including townhome-style living with vaulted ceilings and separate laundry setups.
Where is this duplex located?
The property is located at 2200 South Winchester Street Unit 2202 Milwaukee, WI.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Bay View duplex built in 1890 with two private units: 3BD/1.5BA and 2BD/1BA; East‑facing unit features townhome‑style layout with vaulted ceilings and in‑unit laundry (3 bedrooms, 1.5 bathrooms); West‑facing unit includes private basement access, separate laundry, and a natural fireplace (2 bedrooms, 1 full bathroom)
