Two-Unit Residential Income
4119 7th Avenue Kenosha, WI 53140
For Sale
$259,900
Pending
Two-family home with updated roof, windows, and siding, plus a lower-unit enclosed indoor patio.
Property Size2,031 SF
Days on Market52
Property Features for 4119 7th Avenue
General Information
- Standard status
- Pending
- Size
- 2,031 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1923
Listing Agency:
Real Broker LLC
(262) 705-8125
Listed By:
Steve Robe Elite Team* · License #58040-90
(262) 705-8125
Source:
Compass
Added: Jun 4
Changed: Jul 22
Last Checked: Jul 24 at 12:20PM
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 LLC
Investment Insights
Based on property information with market context.
This two-family residential income property offers a well-maintained duplex configuration with two separate units. The upper unit includes 1 bedroom and 1 full bath, with space that could accommodate a potential second bedroom, nursery, or home office. The lower unit features 2 bedrooms and 1 full bath, along with an oversized enclosed indoor patio that adds year-round entertaining or relaxation space.
The home has received important updates within the last five years, including a newer roof, windows, and siding. It is located near downtown amenities in Kenosha.
The property is currently structured for separate unit living, with the enclosed indoor patio serving as a standout feature for the lower level.
The home has received important updates within the last five years, including a newer roof, windows, and siding. It is located near downtown amenities in Kenosha.
The property is currently structured for separate unit living, with the enclosed indoor patio serving as a standout feature for the lower level.
Key Highlights
- Two‑family home built in 1923 with full basement and brick/vinyl construction
- Updates within the last 5 years include newer roof, windows, and siding
- Upper unit: 1 bedroom and 1 full bath with space that allows flexibility for a potential second bedroom, nursery, or home office
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 | $30.5k | $15.00 |
| − Vacancy | −$1.8k | −$0.90 |
| EGI | $28.6k | $14.10 |
| − OpEx | −$8.6k | −$4.23 |
| NOI | $20.0k | $9.87 |
2,031 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.4K
$250.6K – $334.1K
NOI $20,046 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$265.2K
$232.0K – $309.4K
NOI $18,562 @ 7.0% cap · market cap 7.14%
Theoretical Best
Warehouse
$2.36M
$2.07M – $2.76M
NOI $165,518 @ 7.0% cap · market cap 63.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with updated roof, windows, and siding, plus a lower-unit enclosed indoor patio.
Where is this duplex located?
The property is located at 4119 7th Avenue Kenosha, WI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑family home built in 1923 with full basement and brick/vinyl construction; Updates within the last 5 years include newer roof, windows, and siding; Upper unit: 1 bedroom and 1 full bath with space that allows flexibility for a potential second bedroom, nursery, or home office
