Two-Family Residential Income
For Sale
$339,000
Pending
3136 South 25th Street Unit A, Milwaukee, WI 53215
Well-maintained two-unit home with 2 bedrooms and 1 full bathroom per unit and a 2-car garage plus parking slab.
Property Size2,104 SF
Days on Market71
Property Features for 3136 South 25th Street Unit A
General Information
Standard status
Pending
Size
2,104 SF
Total Parking Spaces
4
Property subtype
Two-Family / Two Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,819
Amenities
hardwood floors
ceramic tile
coved ceilings
decorative fireplaces
leaded glass windows
wall sconces
Spanish plaster walls
Full, Block
Stone, Wood
2.0
1.0
5.0
2104.0
Building Details
Year Built
1936
Construction
Lannon stone
Tenancy
Multi
Listing Agency:
RE/MAX Lakeside-Central
Listed By:
Karl Krueger · License #42725-94
(414) 322-6541
Source:
Compass
Added: Jun 30
Changed: Aug 8
Last Checked: Jul 29 at 1:30PM
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 Lakeside-Central
Investment Insights
Based on property information with market context.
This well-maintained two-family home showcases Old World architectural character throughout. Both units offer two bedrooms and one full bathroom, with the upper unit including an additional extra room without a closet that could serve as an office, den, or potential third bedroom. Interior details include hardwood floors, ceramic tile, coved ceilings, formal dining rooms, decorative fireplaces, leaded glass windows, wall sconces, and Spanish plaster walls. The exterior features an attractive Lannon stone facade. Heating is split by unit, with the lower unit served by forced-air heat and the upper unit by radiant heat.
The property includes a 2-car garage and an additional parking slab with space for two more vehicles.
Each unit is designed for comfortable day-to-day living, with spacious room layouts and multiple decorative features that preserve the home’s historic style while maintaining functional, separate living spaces.
The property includes a 2-car garage and an additional parking slab with space for two more vehicles.
Each unit is designed for comfortable day-to-day living, with spacious room layouts and multiple decorative features that preserve the home’s historic style while maintaining functional, separate living spaces.
Key Highlights
- Two‑family home built in 1936 with 2 bedrooms and 1 full bathroom in each unit
- Upper unit includes an extra room (no closet) that can serve as an office, den, or potential 3rd bedroom
- Total approx. 2,104 SF with 5 rooms per unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,474
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$489,480
$489.5K
Cap Rate 7%
$349,629
$349.6K
Cap Rate 9%
$271,933
$271.9K
Market Conditions
NOI Build-Up for 2,104 SF
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.
Gross rent
$36.6K $17.40/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$35.0K $16.62/SF
− OpEx
−$10.5K −$4.99/SF
NOI
$24.5K $11.63/SF
Area
ZIP 53215
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$489,480
Cap Rate 7%
$349,629
Cap Rate 9%
$271,933
Alternative Uses
Best Use
Multifamily LT 5
$349.6K
$305.9K – $407.9K
NOI $24,474 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$313.6K
$274.4K – $365.8K
NOI $21,950 @ 7.0% cap · market cap 6.47%
Theoretical Best
Warehouse
$1.59M
$1.40M – $1.86M
NOI $111,638 @ 7.0% cap · market cap 32.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,606
Businesses Nearby
Explore this area
Business Placement
Demographics for 53215, WI
59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit home with 2 bedrooms and 1 full bathroom per unit and a 2-car garage plus parking slab.
Where is this duplex located?
The property is located at 3136 South 25th Street Unit A Milwaukee, WI.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑family home built in 1936 with 2 bedrooms and 1 full bathroom in each unit; Upper unit includes an extra room (no closet) that can serve as an office, den, or potential 3rd bedroom; Total approx. 2,104 SF with 5 rooms per unit
