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Duplex with Separate Systems
For Sale
$224,900

2516 N 56th St, Milwaukee, WI 53210

Two flats offer distinct utilities, laundry areas, and side-driveway parking for 4 + vehicles.

Property Size2,230 SF
Price / SF$100.85
Days on Market71

Property Features for 2516 N 56th St

General Information

Standard status Active
Size 2,230 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Amenities

separate gas forced air furnaces
separate circuit breakers
separate newer water heaters
separate laundries
stove
refrigerator
wash machine and dryer

Building Details

Year Built 1956
Buildings 1
Listing Agency: Jarvis Realty, Inc
Listed By: Elwyn Jarvis
Source: Nikolicgroup
Added: Aug 8 Changed: Oct 4 Last Checked: Oct 7 at 4:05PM

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 Jarvis Realty, Inc

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Investment Insights

Based on property information with market context.

This 2,230-square-foot duplex, built in 1956, includes a three-bedroom lower flat and a two-bedroom upper flat. Each unit has its own gas forced-air furnace, circuit breakers, water heater, and laundry area. The lower unit includes a stove, refrigerator, washing machine, and dryer.

A side driveway provides parking for 4 + vehicles. The property is located at 2516 N 56th St in Milwaukee, Wisconsin, with the lower unit available for easier viewing and 24 hours’ notice requested for the upper unit.

Key Highlights

  • 2,230 SF duplex built in 1956
  • Three‑bedroom lower flat and two‑bedroom upper flat
  • Separate gas forced‑air furnaces and circuit breakers

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Accounting Firm Pharmacy

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

942
Businesses Nearby

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
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 - Two flats offer distinct utilities, laundry areas, and side-driveway parking for 4 + vehicles.
Where is this duplex located?
The property is located at 2516 N 56th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 2,230 SF duplex built in 1956; Three‑bedroom lower flat and two‑bedroom upper flat; Separate gas forced‑air furnaces and circuit breakers
More about this property
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