Duplex with Included
For Sale
$155,000
2808 N 57th St Unit 2810, Milwaukee, WI 53210
Two-unit residential property with a long-standing occupant in the lower unit and appliances serving both residences.
Property Size1,206 SF
Price / SF$128.52
Days on Market85
Property Features for 2808 N 57th St Unit 2810
General Information
Standard status
Active
Size
1,206 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1927
Buildings
1
Listing Agency:
Realty Dynamics
Listed By:
Michael Larson
(414) 771-3500
Source:
Jwregwi
Added: Jul 24
Changed: Oct 12
Last Checked: Oct 15 at 3:31AM
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 Realty Dynamics
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex includes two residential units, with the lower residence occupied for several years. Two stoves and two refrigerators are included with the property, supporting separate kitchen setups for each unit.
Constructed in 1927, the property is located at 2808 N 57th St Unit 2810 in Milwaukee, Wisconsin. Its two-unit configuration offers an owner-occupant arrangement or continued residential income use.
Constructed in 1927, the property is located at 2808 N 57th St Unit 2810 in Milwaukee, Wisconsin. Its two-unit configuration offers an owner-occupant arrangement or continued residential income use.
Key Highlights
- Two‑unit duplex configuration
- Lower unit occupied for several years
- Two stoves included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,131
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,620
$242.6K
Cap Rate 7%
$173,300
$173.3K
Cap Rate 9%
$134,789
$134.8K
Market Conditions
NOI Build-Up for 1,206 SF
Gross rent
$18.1K $15.00/SF
− Vacancy
−$760 −$0.63/SF
EGI
$17.3K $14.37/SF
− OpEx
−$5.2K −$4.31/SF
NOI
$12.1K $10.06/SF
Area
Milwaukee, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,620
Cap Rate 7%
$173,300
Cap Rate 9%
$134,789
Alternative Uses
Best Use
Multifamily LT 5
$173.3K
$151.6K – $202.2K
NOI $12,131 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$160.5K
$140.4K – $187.2K
NOI $11,233 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$289.8K
$253.6K – $338.1K
NOI $20,287 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 53210, WI
25,588
Population
11,005
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
9,842
Density / Sq Mi
$45,268
Median Household Income
$35,797
Median Earnings
$1,044
Median Rent
$153,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a long-standing occupant in the lower unit and appliances serving both residences.
Where is this duplex located?
The property is located at 2808 N 57th St Unit 2810 Milwaukee, WI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Lower unit occupied for several years; Two stoves included
