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Duplex with Front Porch
For Sale
$175,000

2481 W Locust STREET Unit 2483, Milwaukee, WI 53206

The two-level property includes updated interior finishes, appliances, and a recently added front porch.

Property Size2,158 SF
Price / SF$81.09
Days on Market8

Property Features for 2481 W Locust STREET Unit 2483

General Information

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

Site & Location

Neighborhood Park West

Building Details

Year Built 1916
Listing Agency: Abundance Real Estate
Listed By: Karl Kessler · License #114198-94
Source: Lakecountryflatfee
Added: Oct 26 Changed: Nov 1 Last Checked: Nov 1 at 1:29AM

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 Abundance Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2,158-square-foot duplex, built in 1916, has separate lower and upper units. Both units have been freshly painted and include appliances. Recent improvements include a roof, water heaters, and a front porch. The lower unit is rented for $800, and the upper unit is rented for $949; tenants pay all utilities. The stated cap rate is 6-9.

The property is near Locust and Fond Du Lac. Super Walmart and downtown destinations are about 10 minutes away, while the airport, Costco, and Sam's Club are approximately 20 minutes away.

Key Highlights

  • 2,158‑square‑foot duplex with separate upper and lower units
  • Lower unit rents for $800; upper unit rents for $949
  • Tenants pay all utilities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-level property includes updated interior finishes, appliances, and a recently added front porch.
Where is this duplex located?
The property is located at 2481 W Locust STREET Unit 2483 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: 2,158‑square‑foot duplex with separate upper and lower units; Lower unit rents for $800; upper unit rents for $949; Tenants pay all utilities
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