Duplex with Private
For Sale
$374,999
2420 N 60th St, Milwaukee, WI 53210
Two separate residences offer individual entrances, driveways, garages, basements, and walk-up attic space.
Property Size2,514 SF
Price / SF$149.16
Days on Market10
Property Features for 2420 N 60th St
General Information
Standard status
Active
Size
2,514 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
Uptown
Additional Details
Multifamily Units
2
Amenities
fenced in back yard
Building Details
Year Built
1933
Buildings
1
Construction
townhouse
Listing Agency:
Premier Point Realty LLC
Listed By:
Realty Executives Southeast
(262) 443-0030
Source:
Therealestatestudiowi
Added: Oct 26
Changed: Nov 3
Last Checked: Nov 3 at 5:35AM
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 Premier Point Realty LLC
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Investment Insights
Based on property information with market context.
This 2,514-square-foot duplex, built in 1933, contains upper and lower residences. Each has a private entrance, driveway, garage, basement, and walk-up attic. Hardwood floors and natural wood details complement living and dining areas; both dining rooms have built-in buffets, and the living areas include artificial fireplaces. The upper unit has three bedrooms and a full bathroom. Separate basements provide storage, with an office in one. Tankless systems provide hot water and heating.
Exterior and basement updates include a garage door and opener, gutters, and glass-block basement windows. The property also has a fenced backyard and is near Tosa and downtown Milwaukee.
Exterior and basement updates include a garage door and opener, gutters, and glass-block basement windows. The property also has a fenced backyard and is near Tosa and downtown Milwaukee.
Key Highlights
- Duplex with two separate residences
- 2,514 square feet; built in 1933
- Each residence has a private entrance, driveway, garage, basement, and walk‑up attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,288
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,760
$505.8K
Cap Rate 7%
$361,257
$361.3K
Cap Rate 9%
$280,978
$281.0K
Market Conditions
NOI Build-Up for 2,514 SF
Gross rent
$37.7K $15.00/SF
− Vacancy
−$1.6K −$0.63/SF
EGI
$36.1K $14.37/SF
− OpEx
−$10.8K −$4.31/SF
NOI
$25.3K $10.06/SF
Area
Milwaukee, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,760
Cap Rate 7%
$361,257
Cap Rate 9%
$280,978
Alternative Uses
Best Use
Multifamily LT 5
$361.3K
$316.1K – $421.5K
NOI $25,288 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$334.5K
$292.7K – $390.3K
NOI $23,415 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$604.1K
$528.6K – $704.8K
NOI $42,290 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
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Business Placement
Demographics for 53210, WI
25,588
Population
11,005
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
9,842
Density / Sq Mi
$45,268
Median Household Income
$35,797
Median Earnings
$1,044
Median Rent
$153,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer individual entrances, driveways, garages, basements, and walk-up attic space.
Where is this duplex located?
The property is located at 2420 N 60th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $374,999.
What are key features of this property?
This property features: Duplex with two separate residences; 2,514 square feet; built in 1933; Each residence has a private entrance, driveway, garage, basement, and walk‑up attic
