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Two-Unit Duplex with Front Porch
New
For Sale
$175,000

2481 W Locust St, Milwaukee, WI 53206

Both residences are leased and feature appliances, newer water heaters, and recently refreshed interiors.

Property Size2,158 SF
Price / SF$81.09
Days on Market7

Property Features for 2481 W Locust St

General Information

Standard status Active
Size 2,158 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

front porch

Building Details

Year Built 1916
Buildings 1
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 30 at 4:26PM

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 Realty-Milwaukee Southwest

Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,158 square feet and was built in 1916. The residences have been freshly painted and include appliances, newer water heaters, and a newer roof. A recently built front porch adds exterior amenity space.

Both units are currently rented, and the tenants pay all utilities. The property is located at 2481 W Locust St in Milwaukee, near Locust and Fond Du Lac. Super Walmart and downtown destinations are approximately 10 minutes away, while the airport and Costco/Sam's Club are approximately 20 minutes away. Showings of the occupied unit require an accepted offer.

Key Highlights

  • Two‑unit duplex with 2,158 square feet
  • Built in 1916 with a newer roof
  • Units have fresh paint and include appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 53206, WI

22,816
Population
10,077
Households
2.3
Avg Household Size
32
Median Age
7%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
8,450
Density / Sq Mi
$28,995
Median Household Income
$25,655
Median Earnings
$998
Median Rent
$70,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased and feature appliances, newer water heaters, and recently refreshed interiors.
Where is this duplex located?
The property is located at 2481 W Locust St Milwaukee, WI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,158 square feet; Built in 1916 with a newer roof; Units have fresh paint and include appliances
More about this property
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