Duplex with Upper-Level
2257 N 64th STREET, Wauwatosa, WI 53213
For Sale
$538,800
Two residences offer classic interior details, updated finishes, and access to a shared outdoor area with a deck and gazebo.
Property Size2,600 SF
Price / SF$207.23
Days on Market11
Property Features for 2257 N 64th STREET
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
deck
pergola
gazebo
bar
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Lake Country Flat Fee
Listed By:
Paul Liebe · License #5158790
(262) 447-0923
Source:
Prolificrealtygroup
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 8 at 1:16PM
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 Lake Country Flat Fee
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1924, this 2,600-square-foot duplex contains two 2-bedroom, 1-bathroom residences. Both feature hardwood floors, built-ins, decorative fireplaces, formal dining rooms, and updated bathrooms. The upper residence has a renovated kitchen with 42-inch cabinets, quartz counters, new appliances, a butler’s pantry, and an adjoining three-season sunroom. New windows and water heaters have been installed, and the property includes a two-car garage.
The property is in the Pabst Park area of East Tosa, a short walk from North Avenue. Outdoor features include a private backyard with a deck, pergola, gazebo, and bar.
The property is in the Pabst Park area of East Tosa, a short walk from North Avenue. Outdoor features include a private backyard with a deck, pergola, gazebo, and bar.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,600‑square‑foot duplex built in 1924
- Upper unit includes a three‑season sunroom and kitchen with 42'' cabinets and quartz counters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,862
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,240
$557.2K
Cap Rate 7%
$398,029
$398.0K
Cap Rate 9%
$309,578
$309.6K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$42.1K $16.20/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$39.8K $15.31/SF
− OpEx
−$11.9K −$4.59/SF
NOI
$27.9K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,240
Cap Rate 7%
$398,029
Cap Rate 9%
$309,578
Alternative Uses
Best Use
Multifamily LT 5
$398.0K
$348.3K – $464.4K
NOI $27,862 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$355.6K
$311.1K – $414.8K
NOI $24,890 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$616.6K
$539.5K – $719.3K
NOI $43,159 @ 7.0% cap · market cap 8.01%
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
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
Median Home Value
Market
Average Price Trend$/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 - Two residences offer classic interior details, updated finishes, and access to a shared outdoor area with a deck and gazebo.
Where is this duplex located?
The property is located at 2257 N 64th STREET Wauwatosa, WI.
What is the asking price?
The asking price for this property is $538,800.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,600‑square‑foot duplex built in 1924; Upper unit includes a three‑season sunroom and kitchen with 42'' cabinets and quartz counters
