Brick Duplex with Rear
New
For Sale
$360,000
3377 S 34th St, Milwaukee, WI 53215
Two side-by-side ranch units have separate heating systems and water heaters, with appliances included for both residences.
Property Size2,295 SF
Price / SF$156.86
Days on Market5
Property Features for 3377 S 34th St
General Information
Standard status
Active
Size
2,295 SF
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Multifamily Units
2
Building Details
Year Built
1955
Buildings
1
Construction
brick
Listing Agency:
Fathom Realty, LLC
Listed By:
Marwan Aly
(414) 242-1517
Source:
Nikolicgroup
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 4 at 10:58AM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1955, this 2,295-square-foot brick duplex is arranged as two side-by-side ranch units. The residences connect through rear entries on the main level and through a basement doorway between their separate laundry areas. Each unit has its own boiler and water heater; the larger residence also includes central air conditioning and a basement workshop. Appliances for both units are included.
A driveway leads to a garage behind the building, which sits at the end of a dead-end street.
A driveway leads to a garage behind the building, which sits at the end of a dead-end street.
Key Highlights
- Brick, side‑by‑side ranch duplex totaling 2,295 square feet
- Built in 1955
- Separate boilers, water heaters, and laundry areas for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,695
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,900
$533.9K
Cap Rate 7%
$381,357
$381.4K
Cap Rate 9%
$296,611
$296.6K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$39.9K $17.40/SF
− Vacancy
−$1.8K −$0.78/SF
EGI
$38.1K $16.62/SF
− OpEx
−$11.4K −$4.99/SF
NOI
$26.7K $11.63/SF
Area
ZIP 53215
Vacancy
4.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,900
Cap Rate 7%
$381,357
Cap Rate 9%
$296,611
Alternative Uses
Best Use
Multifamily LT 5
$381.4K
$333.7K – $444.9K
NOI $26,695 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$342.0K
$299.3K – $399.1K
NOI $23,943 @ 7.0% cap · market cap 6.65%
Theoretical Best
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,773 @ 7.0% cap · market cap 33.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,010
Businesses Nearby
Explore this area
Business Placement
Demographics for 53215, WI
59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side ranch units have separate heating systems and water heaters, with appliances included for both residences.
Where is this duplex located?
The property is located at 3377 S 34th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Brick, side‑by‑side ranch duplex totaling 2,295 square feet; Built in 1955; Separate boilers, water heaters, and laundry areas for each unit
