Brick Duplex with
3161 South 11th Street Unit 3161A Milwaukee, WI 53215
For Sale
$349,900
Solid brick duplex features hardwood floors, a sun room, and a natural fireplace with two eat-in kitchens.
Property Size2,511 SF
Price / SF$139.35
Days on Market38
Property Features for 3161 South 11th Street Unit 3161A
General Information
- Standard status
- Active
- Size
- 2,511 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1928
Listing Agency:
Keller Williams Realty-Milwauk
(414) 688-7420
Listed By:
Dederich Swinney & Associates Group* · License #65245-94
(414) 688-7420
Source:
Compass
Added: Jun 16
Changed: Jul 21
Last Checked: Jul 23 at 10:15AM
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 Keller Williams Realty-Milwauk
Investment Insights
Based on property information with market context.
This solid brick duplex offers a classic, well-maintained interior with hardwood floors, arched doors and windows, and a natural fireplace. Enter through French doors into a spacious living area with an attached, light-filled sun room. The main level includes a generous kitchen with ample space for a table or island, plus an extra storage pantry, and an updated bath with classic subway tile. The basement provides a lower work area with a farm sink.
The upper unit continues the period character with original woodwork and a dining room buffet, along with another generous eat-in kitchen and two bedrooms. A rebuilt back porch adds functional outdoor space.
Each unit’s layout supports comfortable day-to-day living, with multiple kitchen and dining areas and period details carried throughout the property.
The upper unit continues the period character with original woodwork and a dining room buffet, along with another generous eat-in kitchen and two bedrooms. A rebuilt back porch adds functional outdoor space.
Each unit’s layout supports comfortable day-to-day living, with multiple kitchen and dining areas and period details carried throughout the property.
Key Highlights
- Solid brick duplex built in 1928 with 2 units
- Estimated total 2,511 SF with 5 rooms plus 2 additional rooms noted for Unit 1
- Original architectural features including hardwood floors, arched doors and windows, and natural fireplace
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 | $43.7k | $17.40 |
| − Vacancy | −$2.0k | −$0.78 |
| EGI | $41.7k | $16.62 |
| − OpEx | −$12.5k | −$4.99 |
| NOI | $29.2k | $11.63 |
2,511 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.3K
$365.1K – $486.8K
NOI $29,208 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$374.2K
$327.5K – $436.6K
NOI $26,196 @ 7.0% cap · market cap 7.49%
Theoretical Best
Warehouse
$1.90M
$1.67M – $2.22M
NOI $133,234 @ 7.0% cap · market cap 38.08%
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 - Solid brick duplex features hardwood floors, a sun room, and a natural fireplace with two eat-in kitchens.
Where is this duplex located?
The property is located at 3161 South 11th Street Unit 3161A Milwaukee, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Solid brick duplex built in 1928 with 2 units; Estimated total 2,511 SF with 5 rooms plus 2 additional rooms noted for Unit 1; Original architectural features including hardwood floors, arched doors and windows, and natural fireplace
