Duplex with Detached
For Sale
$374,900
3179 S 77th St, Milwaukee, WI 53219
Separate gas and electric meters serve the two apartments.
Property Size2,080 SF
Price / SF$180.24
Days on Market15
Property Features for 3179 S 77th St
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Highwood Estates
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Annual Taxes
$7,498
Amenities
partially finished basement
fenced backyard
side driveway
garage
Building Details
Buildings
1
Listing Agency:
RE/MAX Forward
(262) 470-0929
Listed By:
Sprengel Real Estate Group*
(414) 254-2646
Source:
Exprealty
Added: Oct 19
Changed: Nov 1
Last Checked: Nov 1 at 3:44PM
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 Forward
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Milwaukee duplex contains two apartments: a three-bedroom lower unit and a two-bedroom upper unit, each with a full bathroom. The property totals 2,080 square feet and includes separate gas and electric meters. A partially finished basement adds usable space, and the exterior includes a fenced backyard, side driveway, and 2.5-car garage.
Key Highlights
- Two apartments: three‑bedroom lower unit and two‑bedroom upper unit
- 2,080 square feet
- Full bathroom in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,857
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,140
$417.1K
Cap Rate 7%
$297,957
$298.0K
Cap Rate 9%
$231,744
$231.7K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$31.2K $15.00/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$29.8K $14.33/SF
− OpEx
−$8.9K −$4.30/SF
NOI
$20.9K $10.03/SF
Area
ZIP 53219
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,140
Cap Rate 7%
$297,957
Cap Rate 9%
$231,744
Alternative Uses
Best Use
Multifamily LT 5
$298.0K
$260.7K – $347.6K
NOI $20,857 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$266.8K
$233.4K – $311.3K
NOI $18,675 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$499.8K
$437.4K – $583.2K
NOI $34,989 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 53219, WI
34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric meters serve the two apartments.
Where is this duplex located?
The property is located at 3179 S 77th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two apartments: three‑bedroom lower unit and two‑bedroom upper unit; 2,080 square feet; Full bathroom in each apartment
