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Duplex with Private Parking
For Sale
$248,888

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$148.86
Days on Market53

Property Features for 2726 71st St

General Information

Standard status Active
Size 1,672 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

privacy fenced backyard
laundry

Building Details

Year Built 1908
Buildings 1
Listing Agency: The Difference Real Estate, LLC
Listed By: Christina Graham
Source: Tumpanelegacy
Added: Aug 14 Changed: Sep 23 Last Checked: Oct 4 at 11:20AM

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.

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 / Yr
$16,503
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $16,503 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$218.3K
$191.0K – $254.7K (±1% cap)
NOI $15,281 @ 7.0% cap · market cap 6.14%
Theoretical Best
Warehouse
$1.95M
$1.70M – $2.27M (±1% cap)
NOI $136,261 @ 7.0% cap · market cap 54.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Cafe & Coffee Shop Bakery Computer & Electronic Repair Garden Center

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
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 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 $248,888.
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
More about this property
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