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Milwaukee Duplex with Rental Income
For Sale
$176,900

3115 West Vliet Street, Milwaukee, WI 53208

Duplex with a vacant, freshly updated lower 3-bedroom unit and an upstairs 2-bedroom unit currently tenant-occupied.

Property Size1,929 SF
Price / SF$91.71
Days on Market108

Property Features for 3115 West Vliet Street

General Information

Standard status Active
Size 1,929 SF
Property subtype Multi-Family / Multi-Family

Additional Details

Multifamily Units 2

Amenities

Poured Concrete, Full, Yes
Vinyl

Building Details

Year Built 1905
Listing Agency: Compass RE WI-Northshore
Listed By: Luvene Realty Group* · License #94888-94
Source: Compass
Added: Apr 27 Changed: Aug 8 Last Checked: Jul 23 at 4:31PM

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 Compass RE WI-Northshore

Investment Insights

Based on property information with market context.

This Milwaukee duplex offers two separate residential units with income in place and a move-in ready lower level. The lower unit is a 3-bedroom layout that is freshly updated with new flooring and paint, and it is currently vacant and ready for immediate occupancy. The upper unit is a 2-bedroom, 1-bath configuration that is tenant-occupied, providing ongoing rental income.

The property includes several notable improvements. A newer roof was installed about one year ago. The garage roof is described as rubber. Furnaces are approximately 10 years old. The lower unit has a water heater installed about 7 years ago, and the upper unit has a brand-new water heater.

Additional value may be available through updates in the upper unit and basement, supporting both investor and owner-occupant strategies.

Key Highlights

  • Milwaukee duplex at 3115 W Vliet St with 3‑bedroom lower unit and 2‑bedroom upper unit
  • Lower unit is vacant and freshly updated with new flooring and paint, ready for move‑in
  • Upper unit is tenant‑occupied, providing immediate rental income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

951
Businesses Nearby

Demographics for 53208, WI

29,644
Population
13,778
Households
2.2
Avg Household Size
33
Median Age
31%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
7,058
Density / Sq Mi
$50,585
Median Household Income
$40,729
Median Earnings
$924
Median Rent
$196,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Duplex with a vacant, freshly updated lower 3-bedroom unit and an upstairs 2-bedroom unit currently tenant-occupied.
Where is this duplex located?
The property is located at 3115 West Vliet Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $176,900.
What are key features of this property?
This property features: Milwaukee duplex at 3115 W Vliet St with 3‑bedroom lower unit and 2‑bedroom upper unit; Lower unit is vacant and freshly updated with new flooring and paint, ready for move‑in; Upper unit is tenant‑occupied, providing immediate rental income
More about this property
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