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Renovated Triplex with Private Entrances

443 East Dover Street Unit 445 Milwaukee, WI 53207

443 East Dover Street Unit 445, Milwaukee, WI, 53207
$599,000
For Sale
$599,000

Extensively renovated triplex with three units, private entrances, and patios, plus 2025 furnace and newer roofs.

Property Size2,586 SF
Price / SF$231.63
Days on Market83

Property Features for 443 East Dover Street Unit 445

General Information

Standard status
Active
Size
2,586 SF
Property subtype
Multi-Family / Multi-Family

Building Details

Year Built
1891
Listing agency Integrity Real Estate Team LLC
Listed by Tera L Greenland · License #80128-94
Source Compass
Added: May 1 Updated: Jul 21 at 7:25PM Checked: Jul 21 at 7:25PM

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 Integrity Real Estate Team LLC


Investment Insights

Based on property information with market context.

This extensively renovated triplex includes a duplex and a separate cottage, creating three units with private entrances and patios. The property has been updated throughout with newer roofs, a furnace installed in 2025, renovated kitchens and baths, updated flooring, and fresh paint.

The home is located on a quiet street near restaurants, coffee shops, boutiques, and Humboldt Park, offering everyday convenience.

Showings are limited to Saturdays 10–2pm, Sundays 11–2pm, and Wednesdays 4–6pm only.

Key Highlights

  • Extensively renovated triplex with 3 units (duplex plus separate cottage), each with private entrance and patio
  • Furnace replaced in 2025
  • Newer roofs and renovated kitchens and baths

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 $38.8k $15.00
− Vacancy −$1.6k −$0.63
EGI $37.2k $14.37
− OpEx −$11.1k −$4.31
NOI $26.0k $10.06
2,586 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$371.6K
$325.2K – $433.6K (±1% cap)
NOI $26,013 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$344.1K
$301.1K – $401.4K (±1% cap)
NOI $24,086 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$621.4K
$543.8K – $725.0K (±1% cap)
NOI $43,501 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Kitchen & Bath Showroom Computer & Electronic Repair Parking Lot & Garage Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Extensively renovated triplex with three units, private entrances, and patios, plus 2025 furnace and newer roofs.
Where is this triplex located?
The property is located at 443 East Dover Street Unit 445 Milwaukee, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Extensively renovated triplex with 3 units (duplex plus separate cottage), each with private entrance and patio; Furnace replaced in 2025; Newer roofs and renovated kitchens and baths
Contact an agent
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