Updated Duplex with Two-Car
3302 N 47th St, Milwaukee, WI 53219
For Sale
New
$333,000
Separate three-bedroom and two-bedroom residences feature contemporary kitchens and in-unit smart-home amenities.
Property Size2,281 SF
Price / SF$145.99
Days on Market4
Property Features for 3302 N 47th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
modern barn doors
Samsung Bespoke kitchen suite
LG ThinQ appliances
custom LVP floors
kitchen islands
lighted mirrors
recessed lighting on dimmers
smart leak detection with auto shutoff
dual water filtration
keyless locks
Bluetooth audio
security cameras
clean dry basement
two-car garage
Building Details
Buildings
Listing Agency:
Abundance Real Estate
(262) 599-3735
Listed By:
Kelly Hatton
(414) 795-6704
Source:
Exprealty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 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 Abundance Real Estate
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Investment Insights
Based on property information with market context.
This Milwaukee duplex contains two separate residences: an upper-level three-bedroom, one-bath unit and a lower-level two-bedroom, one-bath unit. The 2,281-square-foot property includes kitchen islands, custom LVP flooring, recessed lighting with dimmers and illuminated mirrors in both units. The upper kitchen has a Samsung Bespoke suite with induction, convection and air-fry functions; the lower unit has LG ThinQ appliances.
Building systems include a full PEX-A replumb completed in 2025, leak detection with automatic shutoff and dual water filtration. Keyless entry, Bluetooth audio, security cameras, a dry basement and a two-car garage are also part of the property. The upper unit has a history of short-term rental use, and furnishings may be negotiated.
Building systems include a full PEX-A replumb completed in 2025, leak detection with automatic shutoff and dual water filtration. Keyless entry, Bluetooth audio, security cameras, a dry basement and a two-car garage are also part of the property. The upper unit has a history of short-term rental use, and furnishings may be negotiated.
Key Highlights
- Two units: upper 3‑bedroom, 1‑bath and lower 2‑bedroom, 1‑bath
- 2,281‑square‑foot duplex with a two‑car garage
- PEX‑A replumb completed in 2025; leak detection includes automatic shutoff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,873
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,460
$457.5K
Cap Rate 7%
$326,757
$326.8K
Cap Rate 9%
$254,144
$254.1K
Market Conditions
NOI Build-Up for 2,281 SF
Gross rent
$34.2K $15.00/SF
− Vacancy
−$1.5K −$0.68/SF
EGI
$32.7K $14.33/SF
− OpEx
−$9.8K −$4.30/SF
NOI
$22.9K $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%
$457,460
Cap Rate 7%
$326,757
Cap Rate 9%
$254,144
Alternative Uses
Best Use
Multifamily LT 5
$326.8K
$285.9K – $381.2K
NOI $22,873 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$292.6K
$256.0K – $341.3K
NOI $20,480 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$548.1K
$479.6K – $639.5K
NOI $38,370 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
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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
$190,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Milwaukee, WI
Properties on Market for Duplexes in Milwaukee
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate three-bedroom and two-bedroom residences feature contemporary kitchens and in-unit smart-home amenities.
Where is this duplex located?
The property is located at 3302 N 47th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $333,000.
What are key features of this property?
This property features: Two units: upper 3‑bedroom, 1‑bath and lower 2‑bedroom, 1‑bath; 2,281‑square‑foot duplex with a two‑car garage; PEX‑A replumb completed in 2025; leak detection includes automatic shutoff
