Duplex With Updated
For Sale
$269,900
3769 E Klieforth Ave, Cudahy, WI 53110
Two residential units feature comfortable living areas and refreshed bathrooms in a neighborhood of single-family homes.
Property Size1,575 SF
Price / SF$171.37
Days on Market51
Property Features for 3769 E Klieforth Ave
General Information
Standard status
Active
Size
1,575 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1957
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 8:29AM
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.
Built in 1957, this duplex contains two residential units with comfortable living areas and updated bathrooms. The property offers a practical configuration for residential occupancy, with space remaining for future personalization within each unit.
The home is located at 3769 E Klieforth Ave in Cudahy, Wisconsin, one block from Lake Drive and Sheridan Park. Shopping, dining, additional parks, Lake Michigan, and expressway access are also nearby. The surrounding area is characterized by single-family residences.
The home is located at 3769 E Klieforth Ave in Cudahy, Wisconsin, one block from Lake Drive and Sheridan Park. Shopping, dining, additional parks, Lake Michigan, and expressway access are also nearby. The surrounding area is characterized by single-family residences.
Key Highlights
- Duplex with two residential units
- Updated bathrooms in both units
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,878
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,560
$337.6K
Cap Rate 7%
$241,114
$241.1K
Cap Rate 9%
$187,533
$187.5K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$25.5K $16.20/SF
− Vacancy
−$1.4K −$0.89/SF
EGI
$24.1K $15.31/SF
− OpEx
−$7.2K −$4.59/SF
NOI
$16.9K $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%
$337,560
Cap Rate 7%
$241,114
Cap Rate 9%
$187,533
Alternative Uses
Best Use
Multifamily LT 5
$241.1K
$211.0K – $281.3K
NOI $16,878 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$215.4K
$188.5K – $251.3K
NOI $15,077 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$373.5K
$326.8K – $435.7K
NOI $26,144 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
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 - Two residential units feature comfortable living areas and refreshed bathrooms in a neighborhood of single-family homes.
Where is this duplex located?
The property is located at 3769 E Klieforth Ave Cudahy, WI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Duplex with two residential units; Updated bathrooms in both units; Built in 1957
