Brick Duplex with Detached
3056 S 93rd STREET #3060, West Allis, WI 53227
For Sale
$419,900
Two-bedroom units feature separate dining rooms, hardwood floors, individual heating, and central air.
Property Size2,160 SF
Price / SF$194.40
Days on Market12
Property Features for 3056 S 93rd STREET #3060
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Tenancy & Operations
Currently Operating
Tenant in Place
Amenities
basement storage
laundry hookups
central air
partially fenced yard
Building Details
Year Built
Buildings
Construction
Listing Agency:
Realty Executives Integrity Brookfield
(262) 783-7080
Listed By:
Zlatko Vujnovic · License WI 65020-94
(414) 807-4404
Source:
Gojimmer
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 9:29AM
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 Executives Integrity Brookfield
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 1965 brick duplex contains two units, each with 2 bedrooms, 1 full bath, a living room, separate dining area, kitchen, and hardwood floors. The building totals 2,160 square feet. Separate gas and electric meters and individual heating systems serve the units, which also have central air. Basement storage and laundry hookups add practical utility. Updates include newer furnaces and water heater, and the roof was replaced in 2014.
The property includes a partially fenced yard, a detached two-car garage, and three additional parking spaces. Located in West Allis, the duplex is occupied by tenants on long-term leases, with current rents totaling $2,600 per month.
The property includes a partially fenced yard, a detached two-car garage, and three additional parking spaces. Located in West Allis, the duplex is occupied by tenants on long-term leases, with current rents totaling $2,600 per month.
Key Highlights
- Two 2‑bedroom, 1‑bath units, each with a separate dining area
- 2,160‑square‑foot brick building, built in 1965
- Separate gas and electric meters and individual heating systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,147
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
$462.9K
Cap Rate 7%
$330,671
$330.7K
Cap Rate 9%
$257,189
$257.2K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$35.0K $16.20/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$33.1K $15.31/SF
− OpEx
−$9.9K −$4.59/SF
NOI
$23.1K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,940
Cap Rate 7%
$330,671
Cap Rate 9%
$257,189
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.3K – $385.8K
NOI $23,147 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$295.4K
$258.5K – $344.6K
NOI $20,677 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$512.2K
$448.2K – $597.6K
NOI $35,855 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 53227, WI
23,310
Population
11,519
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,571
Density / Sq Mi
$71,594
Median Household Income
$46,886
Median Earnings
$1,057
Median Rent
$214,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature separate dining rooms, hardwood floors, individual heating, and central air.
Where is this duplex located?
The property is located at 3056 S 93rd STREET #3060 West Allis, WI.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units, each with a separate dining area; 2,160‑square‑foot brick building, built in 1965; Separate gas and electric meters and individual heating systems
