Duplex with Private
For Sale
$269,900
2726 71st St, Kenosha, WI 53143
Both residences have separate utility service, tenant-paid utilities, and dedicated laundry setups.
Property Size1,672 SF
Price / SF$161.42
Days on Market26
Property Features for 2726 71st St
General Information
Standard status
Active
Size
1,672 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,033
Amenities
privacy fenced backyard
laundry
Building Details
Buildings
1
Listing Agency:
The Difference Real Estate, LLC
(262) 344-1752
Listed By:
Christina Graham
(262) 344-1752
Source:
Exprealty
Added: Jul 27
Changed: Aug 21
Last Checked: Aug 21 at 12:34PM
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 The Difference Real Estate, LLC
Investment Insights
Based on property information with market context.
This 1,672-square-foot duplex contains two residences, each with 2 bedrooms and 1 bathroom. The bathrooms have been updated, while a full basement provides shared storage and laundry space. Each household has its own laundry setup, and the property is currently fully rented.
Separate driveways provide parking on opposite sides of the home. The backyard is enclosed with privacy fencing, and each unit has its own utilities, with utility costs paid by the tenants. The property is located within the Lance/Grewenow school district at 2726 71st St in Kenosha, Wisconsin.
Separate driveways provide parking on opposite sides of the home. The backyard is enclosed with privacy fencing, and each unit has its own utilities, with utility costs paid by the tenants. The property is located within the Lance/Grewenow school district at 2726 71st St in Kenosha, Wisconsin.
Key Highlights
- 1,672‑square‑foot duplex with two 2‑bedroom, 1‑bath residences
- Currently fully rented with tenants paying all utilities
- Updated bathroom in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,503
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,060
$330.1K
Cap Rate 7%
$235,757
$235.8K
Cap Rate 9%
$183,367
$183.4K
Market Conditions
NOI Build-Up for 1,672 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.1K $15.00/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$23.6K $14.10/SF
− OpEx
−$7.1K −$4.23/SF
NOI
$16.5K $9.87/SF
Area
Kenosha County, WI
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$330,060
Cap Rate 7%
$235,757
Cap Rate 9%
$183,367
Alternative Uses
Best Use
Multifamily LT 5
$235.8K
$206.3K – $275.1K
NOI $16,503 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$218.3K
$191.0K – $254.7K
NOI $15,281 @ 7.0% cap · market cap 5.66%
Theoretical Best
Warehouse
$1.95M
$1.70M – $2.27M
NOI $136,261 @ 7.0% cap · market cap 50.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 53143, WI
22,702
Population
9,118
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
4.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$67,105
Median Household Income
$40,276
Median Earnings
$1,157
Median Rent
$186,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate utility service, tenant-paid utilities, and dedicated laundry setups.
Where is this duplex located?
The property is located at 2726 71st St Kenosha, WI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 1,672‑square‑foot duplex with two 2‑bedroom, 1‑bath residences; Currently fully rented with tenants paying all utilities; Updated bathroom in each unit
