Two-Unit Bungalow
2210 S 71st STREET 2212, West Allis, WI 53219
For Sale
$259,900
Separate living and kitchen areas serve each residence, with laundry equipment provided in the basement.
Property Size1,404 SF
Price / SF$185.11
Days on Market8
Property Features for 2210 S 71st STREET 2212
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
front porch
fenced backard
patio
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
JC Realtors
Listed By:
Isabella Rades
(414) 375-5868
Source:
Stefaniakgroup
Added: Oct 31
Changed: Nov 6
Last Checked: Nov 6 at 3:36PM
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 JC Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1924 bungalow contains two residences with distinct layouts. The first-floor unit has a foyer, living room, dining room, kitchen, two bedrooms with walk-in closets, and a full bathroom. The second-floor unit includes a living room, eat-in kitchen, one bedroom with a walk-in closet, a full bathroom with ceramic tile, and an additional area beside the kitchen. Refrigerators and oven/ranges are included in both kitchens.
A full basement contains a washer and dryer for each unit. Exterior features include a covered front porch, a fenced backyard with patio, and three outdoor parking spaces. The property is in West Allis, near parks, schools, and shopping.
A full basement contains a washer and dryer for each unit. Exterior features include a covered front porch, a fenced backyard with patio, and three outdoor parking spaces. The property is in West Allis, near parks, schools, and shopping.
Key Highlights
- Two‑unit bungalow built in 1924
- First‑floor residence has two bedrooms, each with a walk‑in closet
- Upper residence includes one bedroom with a walk‑in closet and an extra area by the kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,079
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,580
$281.6K
Cap Rate 7%
$201,129
$201.1K
Cap Rate 9%
$156,433
$156.4K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$21.1K $15.00/SF
− Vacancy
−$948 −$0.68/SF
EGI
$20.1K $14.33/SF
− OpEx
−$6.0K −$4.30/SF
NOI
$14.1K $10.03/SF
Area
ZIP 53219
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,580
Cap Rate 7%
$201,129
Cap Rate 9%
$156,433
Alternative Uses
Best Use
Multifamily LT 5
$201.1K
$176.0K – $234.7K
NOI $14,079 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$180.1K
$157.6K – $210.1K
NOI $12,606 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$337.4K
$295.2K – $393.6K
NOI $23,618 @ 7.0% cap · market cap 9.09%
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
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 53219, WI
34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living and kitchen areas serve each residence, with laundry equipment provided in the basement.
Where is this duplex located?
The property is located at 2210 S 71st STREET 2212 West Allis, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑unit bungalow built in 1924; First‑floor residence has two bedrooms, each with a walk‑in closet; Upper residence includes one bedroom with a walk‑in closet and an extra area by the kitchen
