Duplex with Vacant Upper
For Sale
$369,900
3905 E Klieforth Ave, Cudahy, WI 53110
The lower residence is owner-occupied, and the upper residence is vacant.
Property Size2,273 SF
Price / SF$162.74
Days on Market9
Property Features for 3905 E Klieforth Ave
General Information
Standard status
Active
Size
2,273 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1957
Listing Agency:
Homestead Realty, Inc
Listed By:
The Borowski Group* · License #8923994
(414) 514-4699
Source:
Nikolicgroup
Added: Sep 28
Changed: Oct 4
Last Checked: Oct 5 at 11:47PM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
Built in 1957, this duplex has two residences with different occupancy status: the upper unit is vacant, and the lower unit is owner-occupied. The property is offered for sale.
Key Highlights
- Upper unit is vacant
- Lower unit is owner‑occupied
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,358
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,160
$487.2K
Cap Rate 7%
$347,971
$348.0K
Cap Rate 9%
$270,644
$270.6K
Market Conditions
NOI Build-Up for 2,273 SF
Gross rent
$36.8K $16.20/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$34.8K $15.31/SF
− OpEx
−$10.4K −$4.59/SF
NOI
$24.4K $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%
$487,160
Cap Rate 7%
$347,971
Cap Rate 9%
$270,644
Alternative Uses
Best Use
Multifamily LT 5
$348.0K
$304.5K – $406.0K
NOI $24,358 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$310.8K
$272.0K – $362.7K
NOI $21,759 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$539.0K
$471.6K – $628.9K
NOI $37,731 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
505
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - The lower residence is owner-occupied, and the upper residence is vacant.
Where is this duplex located?
The property is located at 3905 E Klieforth Ave Cudahy, WI.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Upper unit is vacant; Lower unit is owner‑occupied; Built in 1957
