Tenant-Occupied Duplex with
For Sale
$300,000
4127 N 84th St, Milwaukee, WI 53222
Two well-configured units feature hardwood floors, central air, and private basement recreation areas.
Property Size2,192 SF
Price / SF$136.86
Days on Market73
Property Features for 4127 N 84th St
General Information
Standard status
Active
Size
2,192 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
hardwood floors
stainless steel appliances
newer windows
central air
basement rec room
fully-fenced backyard
patio
Building Details
Year Built
1955
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Preferred-Delafield
Listed By:
The Vinz Real Estate Collectiv Group*
Source:
Nikolicgroup
Added: Aug 11
Changed: Oct 3
Last Checked: Oct 7 at 3:43PM
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 RE/MAX Preferred-Delafield
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Investment Insights
Based on property information with market context.
This 2,192-square-foot duplex, built in 1955, contains two tenant-occupied units with a three-bedroom, one-bath layout in each. Interior features include spacious bedrooms, generous closet storage, hardwood flooring, stainless steel appliances, central air, and multiple newer windows. The basement is divided into two recreation rooms, providing separate additional-use areas for the units.
The property at 4127 N 84th St Unit 4129 in Milwaukee includes a fully fenced backyard with a patio, a two-car garage, and off-street parking for two additional vehicles. Tenants are responsible for lawn care and snow removal.
The property at 4127 N 84th St Unit 4129 in Milwaukee includes a fully fenced backyard with a patio, a two-car garage, and off-street parking for two additional vehicles. Tenants are responsible for lawn care and snow removal.
Key Highlights
- 2,192‑square‑foot duplex with two tenant‑occupied units
- Each unit offers 3 bedrooms and 1 bathroom
- Two separate basement recreation rooms provide additional space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,049
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,980
$441.0K
Cap Rate 7%
$314,986
$315.0K
Cap Rate 9%
$244,989
$245.0K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$32.9K $15.00/SF
− Vacancy
−$1.4K −$0.63/SF
EGI
$31.5K $14.37/SF
− OpEx
−$9.4K −$4.31/SF
NOI
$22.0K $10.06/SF
Area
Milwaukee, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,980
Cap Rate 7%
$314,986
Cap Rate 9%
$244,989
Alternative Uses
Best Use
Multifamily LT 5
$315.0K
$275.6K – $367.5K
NOI $22,049 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$291.7K
$255.2K – $340.3K
NOI $20,416 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$526.8K
$460.9K – $614.6K
NOI $36,873 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
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Business Placement
Demographics for 53222, WI
25,422
Population
11,765
Households
2.2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
5.4 sq mi
ZIP Area
4,708
Density / Sq Mi
$73,523
Median Household Income
$48,029
Median Earnings
$1,026
Median Rent
$202,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two well-configured units feature hardwood floors, central air, and private basement recreation areas.
Where is this duplex located?
The property is located at 4127 N 84th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,192‑square‑foot duplex with two tenant‑occupied units; Each unit offers 3 bedrooms and 1 bathroom; Two separate basement recreation rooms provide additional space
