2369 North 6th Street Unit 2371 Milwaukee, WI 53212
For Sale
$159,900
Duplexes
Property Size1,100 SF
Price / SF$145.36
Days on Market32
Property Features for 2369 North 6th Street Unit 2371
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1917
Listing Agency:
RE/MAX Lakeside-North
(414) 687-8044
Listed By:
Aiste Sterle · License #61260-94
(414) 687-8044
Source:
Compass
Added: Jun 23
Changed: Jul 21
Last Checked: Jul 23 at 9:01AM
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 Lakeside-North
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑maintained 2/2 duplex with 2 bedrooms and 1 full bath in each unit
- Upper unit is vacant and freshly updated for move‑in readiness as an owner‑occupant unit or new tenant
- Lower unit is tenant‑occupied through the end of July
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.5k | $15.00 |
| − Vacancy | −$693 | −$0.63 |
| EGI | $15.8k | $14.37 |
| − OpEx | −$4.7k | −$4.31 |
| NOI | $11.1k | $10.06 |
1,100 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$158.1K
$138.3K – $184.4K
NOI $11,065 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$146.4K
$128.1K – $170.8K
NOI $10,245 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$264.3K
$231.3K – $308.4K
NOI $18,504 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
Where is this duplex located?
The property is located at 2369 North 6th Street Unit 2371 Milwaukee, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Well‑maintained 2/2 duplex with 2 bedrooms and 1 full bath in each unit; Upper unit is vacant and freshly updated for move‑in readiness as an owner‑occupant unit or new tenant; Lower unit is tenant‑occupied through the end of July
