3872 North 36th Street Milwaukee, WI 53216
3872 North 36th Street, Milwaukee, WI, 53216
$165,000
For Sale
$165,000
Duplexes
Property Size1,433 SF
Price / SF$115.14
Days on Market65
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 Checked: Jul 17 at 5:37 am
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
Local 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
Similar For Sale Nearby
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
