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Duplex with Front Porch
New
For Sale
$175,000

2630 N 24th Pl, Milwaukee, WI 53206

Both units have fresh paint, appliances, furnaces, and hot-water heaters.

Property Size2,055 SF
Price / SF$85.16
Days on Market4

Property Features for 2630 N 24th Pl

General Information

Standard status Active
Size 2,055 SF
Property subtype Multi-Family

Additional Details

Cap Rate 9%
Multifamily Units 2

Building Details

Year Built 1892
Buildings 1
Listing Agency: Shorewest Realtors - South Metro
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Oct 11 Changed: Oct 13 Last Checked: Oct 12 at 8:28PM

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 Shorewest Realtors - South Metro

Investment Insights

Based on property information with market context.

This 2,055-square-foot duplex was built in 1892 and includes two units with fresh paint, appliances, furnaces, and hot-water heaters. A recently constructed front porch adds an exterior feature. The lower unit is occupied, and tenants pay all utilities. The stated cap rate range is 6–9%. The property is near Locust and Fond Du Lac, with Super Walmart and downtown destinations described as 10 minutes away and the airport and Costco/Sam’s Club as 20 minutes away.

Key Highlights

  • 2,055‑square‑foot duplex built in 1892
  • Stated cap rate range of 6‑9%
  • Lower unit rented; tenants pay all utilities

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Parking Lot & Garage Accounting Firm

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

645
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 units have fresh paint, appliances, furnaces, and hot-water heaters.
Where is this duplex located?
The property is located at 2630 N 24th Pl 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: 2,055‑square‑foot duplex built in 1892; Stated cap rate range of 6‑9%; Lower unit rented; tenants pay all utilities
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