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Lannon Stone Duplex
For Sale
$249,900

3861 N 53rd St Unit 3863, Milwaukee, WI 53216

Classic Milwaukee duplex with hardwood flooring, fireplaces, and finished lower-level living space.

Property SizeContact for details
Days on Market35

Property Features for 3861 N 53rd St Unit 3863

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

hardwood floors
natural fireplaces
built ins
leaded glass details
finished lower level
central air

Building Details

Year Built 1941
Construction Lannon stone
Listing Agency: Shorewest Realtors, Inc.
Listed By: Rena McCrory
Source: Jwregwi
Added: Jul 29 Changed: Aug 30 Last Checked: Aug 31 at 7:28PM

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 Shorewest Realtors, Inc.

Investment Insights

Based on property information with market context.

Built in 1941, this Lannon stone duplex retains period character while offering practical features for residential income use. Both units include hardwood floors, natural fireplaces, built-in cabinetry, and leaded-glass accents. Central air serves the property, and the lower level adds finished living space, another fireplace, and a half bath.

The property is located in Milwaukee’s Grasslyn Manor neighborhood at 3861 N 53rd St Unit 3863. A home warranty is included with the sale.

Key Highlights

  • Lannon stone duplex built in 1941
  • Both units feature hardwood floors and natural fireplaces
  • Built‑in cabinetry and leaded‑glass details add period character

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Building Supply Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Classic Milwaukee duplex with hardwood flooring, fireplaces, and finished lower-level living space.
Where is this duplex located?
The property is located at 3861 N 53rd St Unit 3863 Milwaukee, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Lannon stone duplex built in 1941; Both units feature hardwood floors and natural fireplaces; Built‑in cabinetry and leaded‑glass details add period character
More about this property
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