Shorewood Duplex With Vaulted
4116 North Woodburn Street Unit 4118 Shorewood, WI 53211
4116 North Woodburn Street Unit 4118, Shorewood, WI, 53211
$529,900
For Sale
$529,900
Duplex for sale with a vaulted-ceiling upper unit and distinctive interior details including arched windows and built-in china cabinets.
Property Size2,302 SF
Price / SF$230.19
Days on Market65
Property Features for 4116 North Woodburn Street Unit 4118
General Information
- Standard status
- Active
- Size
- 2,302 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1929
Listing agency
Real Broker Milwaukee
(414) 243-7297
Listed by
Michael Lu · License #77514-94
(414) 243-7297
Source
Compass
Added: May 20 Updated: Jul 21 at 11:32AM Checked: Jul 22 at 7:21AM
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 Real Broker Milwaukee
Investment Insights
Based on property information with market context.
This Shorewood duplex offers two residential units with architectural character throughout. The upper unit features impressive vaulted ceilings and an open concept layout with a rear airing porch. Both units include timeless design details such as arched windows and doorways, cove ceilings, and built-in china cabinets. A finished room in the basement adds flexible space for an office, hobby use, or storage.
The property is located on a quiet tree-lined street near schools, parks, shops, restaurants, and other local amenities.
Additional updates include a brand-new water heater and freshly painted upper unit.
The property is located on a quiet tree-lined street near schools, parks, shops, restaurants, and other local amenities.
Additional updates include a brand-new water heater and freshly painted upper unit.
Key Highlights
- Charming Shorewood duplex built in 1929 with distinctive interior features
- Upper unit includes vaulted ceilings and an open‑concept living space with rear airing porch
- Both units feature timeless details such as arched windows, cove ceilings, and built‑in china cabinets
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 | $37.3k | $16.20 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $35.2k | $15.31 |
| − OpEx | −$10.6k | −$4.59 |
| NOI | $24.7k | $10.72 |
2,302 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.4K
$308.4K – $411.2K
NOI $24,669 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$314.8K
$275.5K – $367.3K
NOI $22,037 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$545.9K
$477.7K – $636.9K
NOI $38,212 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex for sale with a vaulted-ceiling upper unit and distinctive interior details including arched windows and built-in china cabinets.
Where is this duplex located?
The property is located at 4116 North Woodburn Street Unit 4118 Shorewood, WI.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Charming Shorewood duplex built in 1929 with distinctive interior features; Upper unit includes vaulted ceilings and an open‑concept living space with rear airing porch; Both units feature timeless details such as arched windows, cove ceilings, and built‑in china cabinets
