Two-Unit Residential
For Sale
$369,900
3905 E Klieforth Ave Unit 3907, Cudahy, WI 53110
One unit is vacant, while the other is occupied by its owner.
Property Size1,170 SF
Price / SF$316.15
Days on Market8
Property Features for 3905 E Klieforth Ave Unit 3907
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Multi-Family
Occupancy
50%
Additional Details
Multifamily Units
2
Building Details
Year Built
1957
Buildings
1
Listing Agency:
Homestead Realty, Inc
Listed By:
The Borowski Group* · License #8923994
(414) 514-4699
Source:
Jwregwi
Added: Sep 29
Last Checked: Oct 5 at 11:42PM
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.
This 1,170-square-foot duplex was built in 1957 and contains two residential units. The upper unit is vacant, and the lower unit is owner occupied.
Located in Cudahy, Wisconsin, the property is identified as 3905 E Klieforth Ave Unit 3907.
Located in Cudahy, Wisconsin, the property is identified as 3905 E Klieforth Ave Unit 3907.
Key Highlights
- Two‑unit duplex
- 1,170 square feet
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,538
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,760
$250.8K
Cap Rate 7%
$179,114
$179.1K
Cap Rate 9%
$139,311
$139.3K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$19.0K $16.20/SF
− Vacancy
−$1.0K −$0.89/SF
EGI
$17.9K $15.31/SF
− OpEx
−$5.4K −$4.59/SF
NOI
$12.5K $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%
$250,760
Cap Rate 7%
$179,114
Cap Rate 9%
$139,311
Alternative Uses
Best Use
Multifamily LT 5
$179.1K
$156.7K – $209.0K
NOI $12,538 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$160.0K
$140.0K – $186.7K
NOI $11,200 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$277.4K
$242.8K – $323.7K
NOI $19,421 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
50%
Occupancy
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
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 - One unit is vacant, while the other is occupied by its owner.
Where is this duplex located?
The property is located at 3905 E Klieforth Ave Unit 3907 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: Two‑unit duplex; 1,170 square feet; Built in 1957
