Brick Side-by-Side
For Sale
$389,900
3795 S 63rd St, Milwaukee, WI 53216
Two-unit brick property with established tenants and leases extending through December 2026.
Property Size2,447 SF
Price / SF$159.34
Days on Market16
Property Features for 3795 S 63rd St
General Information
Standard status
Active
Size
2,447 SF
Property subtype
Residential Income
Additional Details
Gross Income
$22,200
Taxes and HOA fees
Annual Taxes
$8,730
Building Details
Construction
brick
Tenancy
Multi
Listing Agency:
Lannon Stone Realty LLC
(262) 497-7876
Listed By:
Jeffrey Metz · License #48924-94
(262) 497-7876
Source:
Exprealty
Added: Jul 22
Changed: Aug 2
Last Checked: Aug 2 at 3:11AM
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 Lannon Stone Realty LLC
Investment Insights
Based on property information with market context.
This 2,447-square-foot duplex is configured as two side-by-side units within a brick building. The property has long-term tenants in place, with each lease scheduled to expire in 12/2026.
Located at 3795 S 63rd St in Milwaukee, WI, the asset offers an established residential income configuration with two separately occupied units. The side-by-side layout provides a straightforward duplex format for continued rental operations.
Located at 3795 S 63rd St in Milwaukee, WI, the asset offers an established residential income configuration with two separately occupied units. The side-by-side layout provides a straightforward duplex format for continued rental operations.
Key Highlights
- 2,447‑square‑foot duplex at 3795 S 63rd St, Milwaukee, WI
- Side‑by‑side two‑unit configuration
- Brick building construction
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 | $36.7k | $15.00 |
| − Vacancy | −$1.5k | −$0.63 |
| EGI | $35.2k | $14.37 |
| − OpEx | −$10.5k | −$4.31 |
| NOI | $24.6k | $10.06 |
2,447 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$351.6K
$307.7K – $410.2K
NOI $24,614 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$325.6K
$284.9K – $379.9K
NOI $22,791 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$588.0K
$514.5K – $686.0K
NOI $41,162 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Explore this area
Business Placement
Demographics for 53216, WI
30,109
Population
13,556
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
4.6 sq mi
ZIP Area
6,545
Density / Sq Mi
$43,466
Median Household Income
$34,823
Median Earnings
$970
Median Rent
$122,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit brick property with established tenants and leases extending through December 2026.
Where is this duplex located?
The property is located at 3795 S 63rd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 2,447‑square‑foot duplex at 3795 S 63rd St, Milwaukee, WI; Side‑by‑side two‑unit configuration; Brick building construction
