Brick-Facade Duplex with
4409 North Sheffield Avenue Unit 4411 Shorewood, WI 53211
4409 North Sheffield Avenue Unit 4411, Shorewood, WI, 53211
$449,900
For Sale
$449,900
Two-unit duplex with formal dining built-ins, basement washer/dryer hook-ups, and a 2-car garage plus parking slab.
Property Size2,356 SF
Price / SF$190.96
Days on Market19
Property Features for 4409 North Sheffield Avenue Unit 4411
General Information
- Standard status
- Active
- Size
- 2,356 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1952
Listing Agency
Keller Williams Milwaukee North Shore
(414) 218-6767
Listed by
Benjamin Cohn · License #92726-94
(414) 218-6767
Source
Compass
Added: Jun 29 Checked: Jul 17 at 2:32 am
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 Keller Williams Milwaukee North Shore
Investment Insights
Based on property information with market context.
This Shorewood duplex offers a classic brick exterior and bright interior spaces with large windows. The layout includes formal dining rooms with built-in features. Both units provide basement washer and dryer hook-ups for convenient in-home laundry.
The property is set on an oversized lot with mature trees. Parking is designed for off-street convenience with a 2-car garage and an additional parking slab for two vehicles.
With two residential units and practical everyday amenities already in place, the property is well-suited for buyers seeking a multi-unit home in a settled neighborhood setting.
The property is set on an oversized lot with mature trees. Parking is designed for off-street convenience with a 2-car garage and an additional parking slab for two vehicles.
With two residential units and practical everyday amenities already in place, the property is well-suited for buyers seeking a multi-unit home in a settled neighborhood setting.
Key Highlights
- Two‑unit duplex built in 1952 with brick construction and full basement
- Each unit has 2 bedrooms and 1 full bath
- Estimated total living area of 2,356 SF across both units
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 | $38.2k | $16.20 |
| − Vacancy | −$2.1k | −$0.89 |
| EGI | $36.1k | $15.31 |
| − OpEx | −$10.8k | −$4.59 |
| NOI | $25.2k | $10.72 |
2,356 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$360.7K
$315.6K – $420.8K
NOI $25,248 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$322.2K
$281.9K – $375.9K
NOI $22,554 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$558.7K
$488.9K – $651.8K
NOI $39,109 @ 7.0% cap · market cap 8.69%
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 - Two-unit duplex with formal dining built-ins, basement washer/dryer hook-ups, and a 2-car garage plus parking slab.
Where is this duplex located?
The property is located at 4409 North Sheffield Avenue Unit 4411 Shorewood, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1952 with brick construction and full basement; Each unit has 2 bedrooms and 1 full bath; Estimated total living area of 2,356 SF across both units
