Renovated Duplex Near Lake
For Sale
$449,999
3713 E Cudahy Ave, Cudahy, WI 53110
Fully updated two-unit property positioned near Lake Michigan, parks, and Cudahy’s walkable neighborhood setting.
Property Size2,200 SF
Price / SF$204.55
Days on Market51
Property Features for 3713 E Cudahy Ave
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1918
Buildings
1
Listing Agency:
Coldwell Banker Homesale Realty - Wauwatosa
Listed By:
Realty Executives Southeast
(262) 443-0030
Source:
Therealestatestudiowi
Added: Sep 9
Changed: Oct 28
Last Checked: Oct 28 at 8:26AM
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 Coldwell Banker Homesale Realty - Wauwatosa
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Investment Insights
Based on property information with market context.
This duplex offers 2,200 square feet across two residential units, with major renovations completed for a move-in-ready presentation. Built in 1918, the property combines established housing stock with substantial recent updating, reducing the need for immediate renovation work.
The property is located at 3713 E Cudahy Ave in Cudahy, Wisconsin, a short walk from Lake Michigan and nearby parks. Its setting also provides access to a walkable neighborhood environment, adding local convenience for residents.
The property is located at 3713 E Cudahy Ave in Cudahy, Wisconsin, a short walk from Lake Michigan and nearby parks. Its setting also provides access to a walkable neighborhood environment, adding local convenience for residents.
Key Highlights
- Fully renovated duplex with major updates completed
- 2,200 square feet across two residential units
- Built in 1918
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,576
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,520
$471.5K
Cap Rate 7%
$336,800
$336.8K
Cap Rate 9%
$261,956
$262.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$35.6K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$33.7K $15.31/SF
− OpEx
−$10.1K −$4.59/SF
NOI
$23.6K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,520
Cap Rate 7%
$336,800
Cap Rate 9%
$261,956
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $392.9K
NOI $23,576 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$300.9K
$263.3K – $351.0K
NOI $21,060 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$521.7K
$456.5K – $608.7K
NOI $36,519 @ 7.0% cap · market cap 8.12%
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
430
Businesses Nearby
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Business Placement
Demographics for 53110, WI
18,204
Population
8,866
Households
2.1
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
3,793
Density / Sq Mi
$66,717
Median Household Income
$46,920
Median Earnings
$977
Median Rent
$201,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Fully updated two-unit property positioned near Lake Michigan, parks, and Cudahy’s walkable neighborhood setting.
Where is this duplex located?
The property is located at 3713 E Cudahy Ave Cudahy, WI.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Fully renovated duplex with major updates completed; 2,200 square feet across two residential units; Built in 1918
