Brick Duplex with Separate
2635 N 68th Street #2637, Wauwatosa, WI 53213
For Sale
New
$369,900
Two residences feature hardwood floors, custom woodwork and independent gas and electric meters.
Property Size2,582 SF
Price / SF$143.26
Days on Market5
Property Features for 2635 N 68th Street #2637
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Keller Williams Realty-Lake Country
(262) 912-1400
Listed By:
Griffin Peterson
(262) 893-0768
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 5:50PM
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-Lake Country
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Investment Insights
Based on property information with market context.
This 2,582-square-foot brick duplex, built in 1931, contains two residences with distinct layouts. The lower apartment has two bedrooms and a full bathroom; upstairs, an oversized bedroom is paired with a full bathroom. Hardwood floors, wood detailing, arched openings, barrel ceilings, plaster walls, built-in cabinetry and leaded-glass windows remain part of the interior. Updates have also been completed.
Gas and electric service are metered separately for each unit. Water is billed as a single account and divided between the tenants. The property is zoned AA Sing and is located in Wauwatosa.
Gas and electric service are metered separately for each unit. Water is billed as a single account and divided between the tenants. The property is zoned AA Sing and is located in Wauwatosa.
Key Highlights
- Two‑unit brick property with 2,582 square feet
- Built in 1931
- Lower unit has two bedrooms and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,669
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,380
$553.4K
Cap Rate 7%
$395,271
$395.3K
Cap Rate 9%
$307,433
$307.4K
Market Conditions
NOI Build-Up for 2,582 SF
Gross rent
$41.8K $16.20/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$39.5K $15.31/SF
− OpEx
−$11.9K −$4.59/SF
NOI
$27.7K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,380
Cap Rate 7%
$395,271
Cap Rate 9%
$307,433
Alternative Uses
Best Use
Multifamily LT 5
$395.3K
$345.9K – $461.2K
NOI $27,669 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$353.1K
$309.0K – $412.0K
NOI $24,717 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$612.3K
$535.8K – $714.3K
NOI $42,860 @ 7.0% cap · market cap 11.59%
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
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature hardwood floors, custom woodwork and independent gas and electric meters.
Where is this duplex located?
The property is located at 2635 N 68th Street #2637 Wauwatosa, WI.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit brick property with 2,582 square feet; Built in 1931; Lower unit has two bedrooms and one full bathroom
