Brick Duplex with Two 2BR
3328 North 44th Street Milwaukee, WI 53216
3328 North 44th Street, Milwaukee, WI, 53216
$220,000
For Sale
$220,000
Spacious brick duplex features two large two-bedroom units, each separately occupied by long-term, month-to-month tenants.
Property Size1,247 SF
Price / SF$176.42
Days on Market13
Property Features for 3328 North 44th Street
General Information
- Standard status
- Active
- Size
- 1,247 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1929
Listing agency
Premier Point Realty LLC
(414) 699-0910
Listed by
Melina Cortes · License #98725-94
(414) 699-0910
Source
Compass
Added: Jul 11 Updated: Jul 21 at 3:42PM Checked: Jul 22 at 10:05AM
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 Premier Point Realty LLC
Investment Insights
Based on property information with market context.
This brick duplex offers two spacious 2-bedroom units. Both units are occupied by long-term tenants, and each tenant is currently on a month-to-month arrangement. The property includes generous living space and classic brick character.
An expandable attic adds an opportunity to increase usable space if converted or finished in the future.
With two separate 2-bedroom layouts under one roof, the building provides straightforward residential income potential for an investor or owner-operator looking to maintain flexible tenancy on month-to-month terms.
An expandable attic adds an opportunity to increase usable space if converted or finished in the future.
With two separate 2-bedroom layouts under one roof, the building provides straightforward residential income potential for an investor or owner-operator looking to maintain flexible tenancy on month-to-month terms.
Key Highlights
- Brick duplex built in 1929 with a full basement
- 2 separate 2‑bedroom units (2 BR each), each with 1 full bath
- Estimated total living area of 1,247 SF
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 | $18.7k | $15.00 |
| − Vacancy | −$786 | −$0.63 |
| EGI | $17.9k | $14.37 |
| − OpEx | −$5.4k | −$4.31 |
| NOI | $12.5k | $10.06 |
1,247 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$179.2K
$156.8K – $209.1K
NOI $12,544 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$165.9K
$145.2K – $193.6K
NOI $11,614 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$299.7K
$262.2K – $349.6K
NOI $20,977 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Spacious brick duplex features two large two-bedroom units, each separately occupied by long-term, month-to-month tenants.
Where is this duplex located?
The property is located at 3328 North 44th Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Brick duplex built in 1929 with a full basement; 2 separate 2‑bedroom units (2 BR each), each with 1 full bath; Estimated total living area of 1,247 SF
