Side-by-Side
2443 N 114th St, Wauwatosa, WI 53226
For Sale
$499,900
Each residence has its own basement and utility meter.
Property Size2,640 SF
Price / SF$189.36
Days on Market30
Property Features for 2443 N 114th St
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Units
Listing Agency:
Keller Williams Milwaukee North Shore
(414) 962-3605
Listed By:
On Point Realty Group* · License #82189-94
(262) 671-6868
Source:
Hiblsrealestate
Added: Oct 9
Changed: Nov 6
Last Checked: Nov 6 at 3:09PM
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 Keller Williams Milwaukee North Shore
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 2,640-square-foot duplex, built in 1954, is arranged as two adjoining townhouse-style residences. Each side has a separate basement and utility meter. Vinyl siding was added in 2026, and the water heaters date to 2022 and 2023.
Located at 2443 N 114th St in Wauwatosa, the property is zoned AA Sing.
Located at 2443 N 114th St in Wauwatosa, the property is zoned AA Sing.
Key Highlights
- 2,640‑square‑foot duplex built in 1954
- Side‑by‑side townhouse configuration
- Separate basement areas and utility meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,291
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,820
$565.8K
Cap Rate 7%
$404,157
$404.2K
Cap Rate 9%
$314,344
$314.3K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$42.8K $16.20/SF
− Vacancy
−$2.4K −$0.89/SF
EGI
$40.4K $15.31/SF
− OpEx
−$12.1K −$4.59/SF
NOI
$28.3K $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%
$565,820
Cap Rate 7%
$404,157
Cap Rate 9%
$314,344
Alternative Uses
Best Use
Multifamily LT 5
$404.2K
$353.6K – $471.5K
NOI $28,291 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$626.0K
$547.8K – $730.4K
NOI $43,823 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 53226, WI
19,921
Population
8,912
Households
2.2
Avg Household Size
37
Median Age
60%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
2,930
Density / Sq Mi
$86,361
Median Household Income
$57,753
Median Earnings
$1,348
Median Rent
$301,400
Median Home Value
Market
Average Price Trend$/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 - Each residence has its own basement and utility meter.
Where is this duplex located?
The property is located at 2443 N 114th 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: 2,640‑square‑foot duplex built in 1954; Side‑by‑side townhouse configuration; Separate basement areas and utility meters
