3872 North 36th Street Milwaukee, WI 53216
For Sale
$165,000
Duplexes
Property Size1,433 SF
Price / SF$115.14
Days on Market71
Property Features for 3872 North 36th Street
General Information
- Standard status
- Active
- Size
- 1,433 SF
- Property subtype
- Multifamily / Duplex (2 Unit)
Building Details
- Year Built
- 1943
Listing Agency:
Thiel Real Estate
(920) 849-2222
Listed By:
Kendall W Thiel · License #90-45494
(920) 849-2222
Source:
Compass
Added: May 15
Changed: Jul 10
Last Checked: Jul 23 at 7:01AM
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 Thiel Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Duplex with two separate 2‑story units: main floor includes living room, kitchen, 2 bedrooms, and 1 bath; upper unit includes kitchen, living room, bedroom, and 1 bath
- Updated in the past 10 years, including new furnaces for both units and updated hot water heaters
- Heating: natural gas forced air with 2 furnaces and 2 water heaters
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 | $21.5k | $15.00 |
| − Vacancy | −$903 | −$0.63 |
| EGI | $20.6k | $14.37 |
| − OpEx | −$6.2k | −$4.31 |
| NOI | $14.4k | $10.06 |
1,433 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.9K
$180.2K – $240.3K
NOI $14,415 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$190.7K
$166.8K – $222.5K
NOI $13,347 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$344.4K
$301.3K – $401.8K
NOI $24,105 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chilaka Lawn Management ...
Landscaping
FAQs
Where is this duplex located?
The property is located at 3872 North 36th Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Duplex with two separate 2‑story units: main floor includes living room, kitchen, 2 bedrooms, and 1 bath; upper unit includes kitchen, living room, bedroom, and 1 bath; Updated in the past 10 years, including new furnaces for both units and updated hot water heaters; Heating: natural gas forced air with 2 furnaces and 2 water heaters
