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Updated Duplex with Rental Income
For Sale
$124,900

3119 N 34th St, Milwaukee, WI 53216

Both units are currently rented, with rear parking and updated major systems.

Property Size1,936 SF
Price / SF$64.51
Days on Market8

Property Features for 3119 N 34th St

General Information

Standard status Active
Size 1,936 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1913
Listing Agency: Realty Experts
Listed By: Avenue Real Estate
Source: Avenueret
Added: Sep 9 Changed: Sep 15 Last Checked: Sep 16 at 5:09PM

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 Experts

Investment Insights

Based on property information with market context.

This 1,936 SF duplex, built in 1913, includes two units that are currently rented. Recent property work includes a newer roof installed in 2025, updated electrical, newer furnaces, and newer water heaters. Rear parking serves the building, while the basement is plumbed for an additional bathroom with a shower, offering added flexibility for future use or expansion.

Located at 3119 N 34th St in Milwaukee, the property combines established rental occupancy with documented improvements and basement plumbing already in place. The existing configuration provides income from both units, while the basement setup adds another functional feature for an owner evaluating future improvements.

Key Highlights

  • Two‑unit duplex with both units currently rented
  • 1,936 SF building constructed in 1913
  • Newer roof installed in 2025

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Accounting Firm Skin Care Clinic

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby

Demographics for 53216, WI

30,109
Population
13,556
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
4.6 sq mi
ZIP Area
6,545
Density / Sq Mi
$43,466
Median Household Income
$34,823
Median Earnings
$970
Median Rent
$122,800
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

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 - Both units are currently rented, with rear parking and updated major systems.
Where is this duplex located?
The property is located at 3119 N 34th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Two‑unit duplex with both units currently rented; 1,936 SF building constructed in 1913; Newer roof installed in 2025
More about this property
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