Character Duplex with Detached
2762 South Linebarger Terrace Milwaukee, WI 53207
2762 South Linebarger Terrace, Milwaukee, WI, 53207
$325,000
For Sale
$325,000
Duplex offering two spacious units with hardwood floors and recent new windows, plus a detached garage and yard.
Property Size2,015 SF
Price / SF$161.29
Days on Market36
Property Features for 2762 South Linebarger Terrace
General Information
- Standard status
- Active
- Size
- 2,015 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1924
Listing agency
Keller Williams Realty-Milwaukee North Shore
(773) 891-7482
Listed by
Jordan Reget · License #111446-94
(773) 891-7482
Source
Compass
Added: Jun 17 Updated: Jul 21 at 6:15PM Checked: Jul 21 at 6:15PM
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-Milwaukee North Shore
Investment Insights
Based on property information with market context.
This character-rich duplex features two spacious units with hardwood floors, beautiful stained-glass details, original built-ins, and classic woodwork. Recent improvements include new windows, bringing additional energy efficiency and more natural light to the interior spaces.
The property also includes a spacious yard and a detached garage, providing practical outdoor and parking/storage options. It is described as being just steps from Bay View’s popular restaurants, coffee shops, parks, and public transportation.
Overall, the home presents a classic residential income configuration with multiple preserved interior elements and recent window updates, offering a layout that suits a variety of owner-occupant and income-focused goals.
The property also includes a spacious yard and a detached garage, providing practical outdoor and parking/storage options. It is described as being just steps from Bay View’s popular restaurants, coffee shops, parks, and public transportation.
Overall, the home presents a classic residential income configuration with multiple preserved interior elements and recent window updates, offering a layout that suits a variety of owner-occupant and income-focused goals.
Key Highlights
- Duplex built in 1924 with 2 units, offering a total estimated 2,015 sq ft
- Each unit features 2 bedrooms and 1 full bathroom, for a combined 4 bedrooms and 2 full baths
- Interior details include hardwood floors, stained‑glass details, original built‑ins, and classic woodwork
Local 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 | $30.2k | $15.00 |
| − Vacancy | −$1.3k | −$0.63 |
| EGI | $29.0k | $14.37 |
| − OpEx | −$8.7k | −$4.31 |
| NOI | $20.3k | $10.06 |
2,015 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$268.1K
$234.6K – $312.8K
NOI $18,768 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$484.2K
$423.7K – $564.9K
NOI $33,896 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offering two spacious units with hardwood floors and recent new windows, plus a detached garage and yard.
Where is this duplex located?
The property is located at 2762 South Linebarger Terrace Milwaukee, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex built in 1924 with 2 units, offering a total estimated 2,015 sq ft; Each unit features 2 bedrooms and 1 full bathroom, for a combined 4 bedrooms and 2 full baths; Interior details include hardwood floors, stained‑glass details, original built‑ins, and classic woodwork
