Updated Duplex Income
3172 North Holton Street Unit 3172A Milwaukee, WI 53212
3172 North Holton Street Unit 3172A, Milwaukee, WI, 53212
$235,000
For Sale
$235,000
Well maintained duplex with two remodeled units, each offering three bedrooms and one bathroom.
Property Size2,124 SF
Price / SF$110.64
Days on Market27
Property Features for 3172 North Holton Street Unit 3172A
General Information
- Standard status
- Active
- Size
- 2,124 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1909
Listing agency
SNSHN Realty LLC
(608) 333-2827
Listed by
Anna Cihla · License #59656-90
(608) 333-2827
Source
Compass
Added: Jun 27 Updated: Jul 22 at 4:14AM Checked: Jul 22 at 4:14AM
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 SNSHN Realty LLC
Investment Insights
Based on property information with market context.
This well maintained updated duplex features two units, each configured with three bedrooms and one bathroom. Both units were remodeled in 2022 with luxury vinyl plank flooring, fresh paint, and updated kitchen and bathroom finishes. Significant capital improvements include a new roof installed on the house and garage in 2021, along with a re-siding of the garage and electrical service run to the garage.
Additional systems were replaced in 2023, including both water heaters and furnaces. The property also includes a garage that is rented out for additional income.
Overall, the duplex combines updated interiors with recent roof and major mechanical replacements, supporting a turn-key residential income use.
Additional systems were replaced in 2023, including both water heaters and furnaces. The property also includes a garage that is rented out for additional income.
Overall, the duplex combines updated interiors with recent roof and major mechanical replacements, supporting a turn-key residential income use.
Key Highlights
- Duplex built in 1909 with 3 bedrooms and 1 full bathroom per unit (2 units total)
- Both units remodeled in 2022 with luxury vinyl plank, paint, plus kitchen and bathroom updates
- Roof installed in 2021, along with garage re‑sided and electrical service run to the garage
Local 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 | $31.9k | $15.00 |
| − Vacancy | −$1.3k | −$0.63 |
| EGI | $30.5k | $14.37 |
| − OpEx | −$9.2k | −$4.31 |
| NOI | $21.4k | $10.06 |
2,124 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$305.2K
$267.1K – $356.1K
NOI $21,365 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$282.6K
$247.3K – $329.7K
NOI $19,783 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$510.4K
$446.6K – $595.5K
NOI $35,729 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well maintained duplex with two remodeled units, each offering three bedrooms and one bathroom.
Where is this duplex located?
The property is located at 3172 North Holton Street Unit 3172A Milwaukee, WI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Duplex built in 1909 with 3 bedrooms and 1 full bathroom per unit (2 units total); Both units remodeled in 2022 with luxury vinyl plank, paint, plus kitchen and bathroom updates; Roof installed in 2021, along with garage re‑sided and electrical service run to the garage
