Side-by-Side
New
For Sale
$279,900
4837 N 106th St, Milwaukee, WI 53225
Both residences have three bedrooms, one-and-a-half baths, and a full basement.
Property Size2,309 SF
Price / SF$121.22
Days on Market5
Property Features for 4837 N 106th St
General Information
Standard status
Active
Size
2,309 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
Timmerman West
Highway Access
Yes
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Amenities
full basement
level yard
Building Details
Year Built
1966
Listing Agency:
Action Realty
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 3 at 5:53AM
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 Action Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises two side-by-side residences, each with three bedrooms, 1.5 baths, and a full basement. A detached two-car garage and level yard are also part of the property. Built in 1966, the duplex is near major highways.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 baths
- Full basement in each unit
- Detached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,226
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,520
$464.5K
Cap Rate 7%
$331,800
$331.8K
Cap Rate 9%
$258,067
$258.1K
Market Conditions
NOI Build-Up for 2,309 SF
Gross rent
$34.6K $15.00/SF
− Vacancy
−$1.5K −$0.63/SF
EGI
$33.2K $14.37/SF
− OpEx
−$10.0K −$4.31/SF
NOI
$23.2K $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%
$464,520
Cap Rate 7%
$331,800
Cap Rate 9%
$258,067
Alternative Uses
Best Use
Multifamily LT 5
$331.8K
$290.3K – $387.1K
NOI $23,226 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$307.2K
$268.8K – $358.4K
NOI $21,506 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$554.9K
$485.5K – $647.4K
NOI $38,841 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 53225, WI
25,138
Population
11,019
Households
2.3
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
7.0 sq mi
ZIP Area
3,591
Density / Sq Mi
$54,433
Median Household Income
$40,463
Median Earnings
$1,094
Median Rent
$174,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, one-and-a-half baths, and a full basement.
Where is this duplex located?
The property is located at 4837 N 106th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1.5 baths; Full basement in each unit; Detached 2‑car garage
