Stone Tudor
2365 N 82nd St, Wauwatosa, WI 53213
For Sale
$499,900
Separate eat-in kitchens serve both residences; the lower home is owner occupied and the upper home is rented.
Property Size2,245 SF
Price / SF$222.67
Days on Market30
Property Features for 2365 N 82nd St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
natural woodwork
stone fireplace
crown moldings
built-in china cabinets
eat-in kitchen
hardwood floors
built-ins
rec room
workshop
laundry
storage
private backyard patio
Building Details
Year Built
Construction
Listing Agency:
RE/MAX Results
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Oct 9
Changed: Nov 6
Last Checked: Nov 6 at 2:21PM
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 RE/MAX Results
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Investment Insights
Based on property information with market context.
Built in 1937, this 2,245-square-foot Tudor contains two residences: a lower 2-bedroom, 1-bathroom unit and an upper 1-bedroom, 1-bathroom unit. The lower unit is owner occupied, while the upper unit is rented. Interior details include woodwork, built-in cabinetry, crown molding, a stone fireplace, and hardwood floors. Each residence has an eat-in kitchen.
A partially finished basement includes a recreation room, workshop, laundry area, and storage. Outside, the property has a private backyard patio. Restaurants, bars, and entertainment venues are steps away.
A partially finished basement includes a recreation room, workshop, laundry area, and storage. Outside, the property has a private backyard patio. Restaurants, bars, and entertainment venues are steps away.
Key Highlights
- 2,245‑square‑foot duplex built in 1937
- Lower unit has 2 bedrooms and 1 bathroom; upper unit has 1 bedroom and 1 bathroom
- Lower residence is owner occupied; upper residence is rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,058
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,160
$481.2K
Cap Rate 7%
$343,686
$343.7K
Cap Rate 9%
$267,311
$267.3K
Market Conditions
NOI Build-Up for 2,245 SF
Gross rent
$36.4K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$34.4K $15.31/SF
− OpEx
−$10.3K −$4.59/SF
NOI
$24.1K $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%
$481,160
Cap Rate 7%
$343,686
Cap Rate 9%
$267,311
Alternative Uses
Best Use
Multifamily LT 5
$343.7K
$300.7K – $401.0K
NOI $24,058 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$307.0K
$268.6K – $358.2K
NOI $21,491 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$532.4K
$465.8K – $621.1K
NOI $37,266 @ 7.0% cap · market cap 7.45%
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 - Separate eat-in kitchens serve both residences; the lower home is owner occupied and the upper home is rented.
Where is this duplex located?
The property is located at 2365 N 82nd St Wauwatosa, WI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,245‑square‑foot duplex built in 1937; Lower unit has 2 bedrooms and 1 bathroom; upper unit has 1 bedroom and 1 bathroom; Lower residence is owner occupied; upper residence is rented
