Duplex with In-Unit
For Sale
$325,000
Pending
2360 N Dr William Finlayson STREET Unit 2362, Milwaukee, WI 53212
Both residences have been renovated, with white oak flooring and laundry facilities inside each unit.
Property Size3,050 SF
Days on Market10
Property Features for 2360 N Dr William Finlayson STREET Unit 2362
General Information
Standard status
Pending
Size
3,050 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Harambee
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
Building Details
Year Built
1912
Buildings
1
Listing Agency:
Homestead Realty, Inc
Listed By:
Karen Taylor
(414) 745-0921
Source:
Lakecountryflatfee
Added: Oct 26
Changed: Nov 3
Last Checked: Nov 3 at 8:14AM
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 Homestead Realty, Inc
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 1912 duplex has been extensively renovated, with open-concept interiors and white oak flooring in both units. Each residence includes in-unit laundry and media boxes, and a new drain tile system has been added. Air conditioning is scheduled for installation before closing. The property occupies a double lot in Milwaukee’s Bronzeville neighborhood.
The sale is limited to owner-occupants who have completed home-buying counseling and received a completion certificate. A five-year deed restriction applies.
The sale is limited to owner-occupants who have completed home-buying counseling and received a completion certificate. A five-year deed restriction applies.
Key Highlights
- Extensively renovated duplex with open‑concept interiors
- Two units with in‑unit laundry
- White oak flooring and media boxes in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,407
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,140
$568.1K
Cap Rate 7%
$405,814
$405.8K
Cap Rate 9%
$315,633
$315.6K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$53.8K $17.64/SF
− Vacancy
−$2.2K −$0.71/SF
EGI
$51.6K $16.93/SF
− OpEx
−$23.2K −$7.62/SF
NOI
$28.4K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,140
Cap Rate 7%
$405,814
Cap Rate 9%
$315,633
Alternative Uses
Best Use
Multifamily LT 5
$438.3K
$383.5K – $511.3K
NOI $30,680 @ 7.0% cap · market cap 9.44%
Second Best
Apartment 5plus
$405.8K
$355.1K – $473.5K
NOI $28,407 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K
NOI $51,306 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 53212, WI
28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have been renovated, with white oak flooring and laundry facilities inside each unit.
Where is this duplex located?
The property is located at 2360 N Dr William Finlayson STREET Unit 2362 Milwaukee, 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: Extensively renovated duplex with open‑concept interiors; Two units with in‑unit laundry; White oak flooring and media boxes in both residences
