Duplex with Two-Car
New
For Sale
$374,900
2660 N 63rd STREET Unit 2660A, Wauwatosa, WI 53213
Separate gas and electric meters serve two two-bedroom units, with shared basement laundry and storage.
Property Size2,204 SF
Price / SF$170.10
Days on Market4
Property Features for 2660 N 63rd STREET Unit 2660A
General Information
Standard status
Active
Size
2,204 SF
Total Parking Spaces
2
Property subtype
Multi Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
gas, electricity
Amenities
hardwood floors
laundry
storage
Building Details
Year Built
1947
Buildings
1
Listing Agency:
Dream Realty LLC
Listed By:
Larry Pundsack Jr · License #80326-94
(414) 732-6676
Source:
Lakecountryflatfee
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:19PM
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 Dream Realty LLC
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Investment Insights
Based on property information with market context.
This Wauwatosa duplex contains two 2-bedroom, 1-bathroom units, each approximately 1,100 square feet. Hardwood floors and natural light characterize both apartments. Separate gas and electric meters serve the units, while a shared basement provides laundry and storage. A two-car garage is also included. The building dates to 1947.
The property sits between Center Street and North Avenue, near restaurants, coffee shops, parks, shopping, and public transit. One unit is available November 1.
The property sits between Center Street and North Avenue, near restaurants, coffee shops, parks, shopping, and public transit. One unit is available November 1.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units, each approximately 1,100 square feet
- 2,204‑square‑foot duplex built in 1947
- Hardwood floors and natural light in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,619
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,380
$472.4K
Cap Rate 7%
$337,414
$337.4K
Cap Rate 9%
$262,433
$262.4K
Market Conditions
NOI Build-Up for 2,204 SF
Gross rent
$35.7K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$33.7K $15.31/SF
− OpEx
−$10.1K −$4.59/SF
NOI
$23.6K $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%
$472,380
Cap Rate 7%
$337,414
Cap Rate 9%
$262,433
Alternative Uses
Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.7K
NOI $23,619 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$301.4K
$263.7K – $351.7K
NOI $21,099 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$522.6K
$457.3K – $609.8K
NOI $36,585 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
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
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric meters serve two two-bedroom units, with shared basement laundry and storage.
Where is this duplex located?
The property is located at 2660 N 63rd STREET Unit 2660A Wauwatosa, WI.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units, each approximately 1,100 square feet; 2,204‑square‑foot duplex built in 1947; Hardwood floors and natural light in both units
