Townhouse-Style Duplex for
3113 West Oklahoma Avenue Unit 3115 Milwaukee, WI 53215
For Sale
$359,900
Well-maintained duplex with two-bedroom, one-bath units, each with separate entrances and spacious living areas.
Property Size1,848 SF
Price / SF$194.75
Days on Market83
Property Features for 3113 West Oklahoma Avenue Unit 3115
General Information
- Standard status
- Active
- Size
- 1,848 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1944
Listing Agency:
EXP Realty, LLC~MKE
(773) 943-1758
Listed By:
Rahena Aziz Rahman · License #96406-94
(773) 943-1758
Source:
Compass
Added: May 2
Changed: Jul 22
Last Checked: Jul 22 at 7:08AM
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 EXP Realty, LLC~MKE
Investment Insights
Based on property information with market context.
This well-maintained townhouse-style duplex features two separate units, each offering two bedrooms and one bathroom. Both sides include spacious living areas and a functional layout designed for comfortable day-to-day living. Separate entrances add convenience and privacy for each unit.
The property is conveniently located near schools, shopping, parks, and public transportation.
For sale as a residential income property, the duplex configuration provides straightforward management of two units within a single building.
The property is conveniently located near schools, shopping, parks, and public transportation.
For sale as a residential income property, the duplex configuration provides straightforward management of two units within a single building.
Key Highlights
- Townhouse‑style duplex built in 1944 with full basement
- 2 beds and 1 bath in each unit
- Each unit has separate entrances
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 | $32.2k | $17.40 |
| − Vacancy | −$1.4k | −$0.78 |
| EGI | $30.7k | $16.62 |
| − OpEx | −$9.2k | −$4.99 |
| NOI | $21.5k | $11.63 |
1,848 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.1K
$268.7K – $358.3K
NOI $21,496 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$275.4K
$241.0K – $321.3K
NOI $19,279 @ 7.0% cap · market cap 5.36%
Theoretical Best
Warehouse
$1.40M
$1.23M – $1.63M
NOI $98,055 @ 7.0% cap · market cap 27.25%
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 - Well-maintained duplex with two-bedroom, one-bath units, each with separate entrances and spacious living areas.
Where is this duplex located?
The property is located at 3113 West Oklahoma Avenue Unit 3115 Milwaukee, WI.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Townhouse‑style duplex built in 1944 with full basement; 2 beds and 1 bath in each unit; Each unit has separate entrances
