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Duplex with Two-Car Configuration

2567 S 60th St, West Allis, WI 53219

For Sale
New
$330,000

Two separate residences offer three bedrooms on the main level and two bedrooms upstairs.

Property Size1,600 SF
Price / SF$206.25
Days on Market3

Property Features for 2567 S 60th St

General Information

Standard status Active
Size 1,600 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR lower unit, 1 x 2BR upper unit
Multifamily Units 2

Building Details

Year Built 1955
Buildings 1
Listing Agency: First Weber Inc- Mequon
Listed By: Tamim Realty Group* · License WI #5905890
Source: Nikolicgroup
Added: Nov 7 Last Checked: Sep 30 at 10:41AM

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 First Weber Inc- Mequon

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This RES-zoned duplex contains two units: a three-bedroom lower residence and a two-bedroom upper residence. Built in 1955, the property has newer water heaters, and its garage has a recently replaced door and opener.

The building is next to KK River Parkway in West Allis.

Key Highlights

  • Two‑unit property with a 3‑bedroom lower unit and 2‑bedroom upper unit
  • Built in 1955
  • Newer water heaters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,044
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,880 $320.9K
Cap Rate 7%
$229,200 $229.2K
Cap Rate 9%
$178,267 $178.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$24.0K $15.00/SF
− Vacancy
−$1.1K −$0.68/SF
EGI
$22.9K $14.33/SF
− OpEx
−$6.9K −$4.30/SF
NOI
$16.0K $10.03/SF
Area
ZIP 53219
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,880
Cap Rate 7%
$229,200
Cap Rate 9%
$178,267

Alternative Uses

Best Use
Multifamily LT 5
$229.2K
$200.6K – $267.4K (±1% cap)
NOI $16,044 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$205.2K
$179.6K – $239.4K (±1% cap)
NOI $14,365 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$384.5K
$336.4K – $448.6K (±1% cap)
NOI $26,915 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 53219, WI

34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Milwaukee County, WI

$123 Jul
$115 Aug
$122 Sep
$118 Oct

Properties on Market for Duplexes in Milwaukee County

Jul
Aug
Sep
Oct

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 separate residences offer three bedrooms on the main level and two bedrooms upstairs.
Where is this duplex located?
The property is located at 2567 S 60th St West Allis, WI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit property with a 3‑bedroom lower unit and 2‑bedroom upper unit; Built in 1955; Newer water heaters
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Includes: Price & PSF · Cap rate · Location · Zoning

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