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Updated Duplex Rental Property
For Sale
$119,000

2205-2203 W Melvina Street, Milwaukee, WI 53206

Two residential units provide established occupancy, refreshed interiors, and off-street parking.

Property SizeContact for details
Days on Market49

Property Features for 2205-2203 W Melvina Street

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,420
Listing Agency: Riverwest Realty Milwaukee
Listed By: Lance Wooten Team* · License #5737190
Source: Exprealty
Added: Aug 10 Changed: Sep 19 Last Checked: Sep 26 at 12:20PM

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 Riverwest Realty Milwaukee

Investment Insights

Based on property information with market context.

This duplex at 2205-2203 W Melvina Street in Milwaukee, Wisconsin includes two residential units, each configured with 2 bedrooms and 1 bathroom. Both units have off-street parking, newer windows, newer mechanical systems, and a newer roof. Cosmetic improvements were completed in the last year, giving the property refreshed interior finishes across both residences.

Tenants are already in place, providing existing occupancy for the rental property. The building’s two-unit configuration and recent updates offer a straightforward multifamily setup for continued residential use.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • Tenants in place at the Milwaukee duplex
  • Off‑street parking included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 53206, WI

22,816
Population
10,077
Households
2.3
Avg Household Size
32
Median Age
7%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
8,450
Density / Sq Mi
$28,995
Median Household Income
$25,655
Median Earnings
$998
Median Rent
$70,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide established occupancy, refreshed interiors, and off-street parking.
Where is this duplex located?
The property is located at 2205-2203 W Melvina Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Tenants in place at the Milwaukee duplex; Off‑street parking included
More about this property
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