2-Unit
3412a-3412 S 9th Pl, Milwaukee, WI 53215
For Sale
New
$335,000
A three-bedroom residence below is paired with a two-bedroom unit on the upper floor.
Property Size2,088 SF
Price / SF$160.44
Days on Market7
Property Features for 3412a-3412 S 9th Pl
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Listing Agency:
EXP Realty, LLC MKE
(866) 848-6990
Listed By:
Rahena Rahman · License WI #9640694
(773) 943-1758
Source:
Exprealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 11:21AM
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 EXP Realty, LLC MKE
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.
At 3412A–3412 S 9th Pl in Milwaukee, this duplex contains 2,088 square feet across two residences. The lower unit has three bedrooms, while the upper unit has two bedrooms, providing a distinct bedroom mix between floors.
Key Highlights
- 2,088‑square‑foot duplex in Milwaukee
- Lower residence has 3 bedrooms
- Upper residence has 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,287
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,740
$485.7K
Cap Rate 7%
$346,957
$347.0K
Cap Rate 9%
$269,856
$269.9K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$36.3K $17.40/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$34.7K $16.62/SF
− OpEx
−$10.4K −$4.99/SF
NOI
$24.3K $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%
$485,740
Cap Rate 7%
$346,957
Cap Rate 9%
$269,856
Alternative Uses
Best Use
Multifamily LT 5
$347.0K
$303.6K – $404.8K
NOI $24,287 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$311.2K
$272.3K – $363.1K
NOI $21,783 @ 7.0% cap · market cap 6.50%
Theoretical Best
Flex RnD
$549.7K
$481.0K – $641.3K
NOI $38,477 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
482
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
$148,400
Median Home Value
Market
Average Price Trend$/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 - A three-bedroom residence below is paired with a two-bedroom unit on the upper floor.
Where is this duplex located?
The property is located at 3412a-3412 S 9th Pl Milwaukee, WI.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 2,088‑square‑foot duplex in Milwaukee; Lower residence has 3 bedrooms; Upper residence has 2 bedrooms
