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3-Unit-Style Bay View Duplex
For Sale
Contact for pricing
Pending

3038 S Hanson Avenue, Milwaukee, WI 53207

3/3 duplex with separate utilities, updated systems, long driveway parking, and an upper unit ready to occupy.

Property SizeContact for details
Days on Market142

Property Features for 3038 S Hanson Avenue

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: RE/MAX Service First
Listed By: Alyona Caravella · License #WI 94-73374
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 28 at 7:30PM

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 RE/MAX Service First

Investment Insights

Based on property information with market context.

This 3/3 Bay View duplex offers an identical layout in each unit, with over 1,100 square feet per side. The property has a split basement with separate metering for gas and electric. Updates include a 2019 roof and insulation, along with 2018 high-efficiency furnaces and high-efficiency water heaters. The upper unit has been refreshed with new carpet, paint, light fixtures, and a renovated bath and kitchen; the lower unit includes hardwood floors, a remodeled bathroom, updated kitchen lighting, and a new stove. New front entry doors are in place, and the front porch has been restained. The back porch will be retained prior to closing.

Outside, the long driveway provides parking for more than six cars, with a shed for storage and a partially fenced yard. The street is described as quiet and offers easy access to 794 and Downtown.

The upper unit is currently vacant and ready to move in. The lower unit has been described as having a long-term renter and is scheduled to transition to month-to-month starting June 1, 2020. The rent has not been raised in five years.

Key Highlights

  • 3/3 Bay View duplex with identical layouts; over 1,100 SF per unit
  • Separate utilities with split basement; separately metered gas and electric
  • Recent updates include a 2019 roof, insulation, 2018 high‑efficiency furnaces and H2Os

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Spa & Massage Center Kitchen & Bath Showroom Nail Salon

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
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - 3/3 duplex with separate utilities, updated systems, long driveway parking, and an upper unit ready to occupy.
Where is this duplex located?
The property is located at 3038 S Hanson Avenue Milwaukee, WI.
What are key features of this property?
This property features: 3/3 Bay View duplex with identical layouts; over 1,100 SF per unit; Separate utilities with split basement; separately metered gas and electric; Recent updates include a 2019 roof, insulation, 2018 high‑efficiency furnaces and H2Os
More about this property
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