Craftsman Duplex with Finished Third
2730 North Weil Street Milwaukee, WI 53212
For Sale
$385,000
Craftsman-style duplex includes original details and a finished third floor with vaulted ceilings and skylights.
Property Size2,816 SF
Price / SF$136.72
Days on Market37
Property Features for 2730 North Weil Street
General Information
- Standard status
- Active
- Size
- 2,816 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1901
Listing Agency:
Keller Williams Realty-Milwauk
(414) 322-3326
Listed By:
Kathleen A Klassen · License #78479-94
(414) 322-3326
Source:
Compass
Added: Jun 17
Changed: Jul 21
Last Checked: Jul 23 at 11:26AM
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-Milwauk
Investment Insights
Based on property information with market context.
Craftsman-style duplex offers a well-maintained interior with maple hardwood floors, original built-ins, stained glass windows, and other timeless architectural details. A standout improvement is the finished third floor, featuring vaulted ceilings and skylights that create a bright, flexible space suited to a variety of living or working uses.
The property also includes outdoor space with a large second-floor balcony. Additional interior space is designed to support multiple configurations within the duplex.
With its distinctive finishes and adaptable third-floor layout, this duplex is well-suited for buyers seeking residential income flexibility and character-rich living space.
The property also includes outdoor space with a large second-floor balcony. Additional interior space is designed to support multiple configurations within the duplex.
With its distinctive finishes and adaptable third-floor layout, this duplex is well-suited for buyers seeking residential income flexibility and character-rich living space.
Key Highlights
- Craftsman‑style duplex built in 1901 with full, brick basement
- Unit mix: 2‑bedroom/1 full bath (U1) and 3‑bedroom/2 full baths (U2)
- Estimated total living area of 2,816 sq ft, including 1,150 sq ft for U1
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $15.00 |
| − Vacancy | −$1.8k | −$0.63 |
| EGI | $40.5k | $14.37 |
| − OpEx | −$12.1k | −$4.31 |
| NOI | $28.3k | $10.06 |
2,816 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$404.7K
$354.1K – $472.1K
NOI $28,326 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$374.7K
$327.9K – $437.1K
NOI $26,228 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$676.7K
$592.1K – $789.5K
NOI $47,370 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Craftsman-style duplex includes original details and a finished third floor with vaulted ceilings and skylights.
Where is this duplex located?
The property is located at 2730 North Weil Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Craftsman‑style duplex built in 1901 with full, brick basement; Unit mix: 2‑bedroom/1 full bath (U1) and 3‑bedroom/2 full baths (U2); Estimated total living area of 2,816 sq ft, including 1,150 sq ft for U1
