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Two-Unit Duplex with Attic
New
For Sale
$390,000

3240-3238 N Cambridge Avenue, Milwaukee, WI 53211

Each unit includes living and dining rooms, a kitchen, and high ceilings.

Property SizeContact for details
Days on Market5

Property Features for 3240-3238 N Cambridge Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,674
Listing Agency: Lannon Stone Realty LLC
Listed By: Emanuel Patino
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 6:57PM

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 Lannon Stone Realty LLC

Investment Insights

Based on property information with market context.

This two-unit duplex provides a three-bedroom, one-bath layout in each residence, with separate living and dining rooms. Both units feature high ceilings and kitchens, while the lower unit is ready for occupancy with refinished hardwood flooring and fresh interior paint. The attic includes a furnace and plumbing connections for a future kitchen and bathroom configuration.

Two off-street parking spaces are located behind the property. The home at 3240-3238 N Cambridge Avenue sits across from the Milwaukee River and Oakleaf trail, with Hubbard Park Beer Garden and UWM located a few blocks away. Its unit layout, parking, and existing attic infrastructure provide a range of practical features for an owner-occupant or rental property buyer.

Key Highlights

  • Two units, each with 3 bedrooms and 1 bath
  • Lower unit features refinished hardwood floors and fresh paint
  • Attic includes a furnace plus plumbing for a future kitchen and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Daycare Center Bakery Electrical Service Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

943
Businesses Nearby

Demographics for 53211, WI

36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
9,082
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value

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 - Each unit includes living and dining rooms, a kitchen, and high ceilings.
Where is this duplex located?
The property is located at 3240-3238 N Cambridge Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bath; Lower unit features refinished hardwood floors and fresh paint; Attic includes a furnace plus plumbing for a future kitchen and bathroom
More about this property
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