Side-by-Side Duplex with
4839-4837 N 106th St, Milwaukee, WI 53225
For Sale
$279,900
Both residences have three bedrooms, one-and-a-half baths, and a full basement.
Property Size2,309 SF
Price / SF$121.22
Days on Market16
Property Features for 4839-4837 N 106th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Listing Agency:
Shorewest Realtors, Inc.
(262) 763-8477
Listed By:
Shannon Souther · License WI #7145094
(262) 617-3612
Source:
Exprealty
Added: Oct 30
Changed: Nov 12
Last Checked: Nov 12 at 2:24PM
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 Shorewest Realtors, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,309-square-foot duplex is arranged as two side-by-side residences. Each unit has three bedrooms, one-and-a-half baths, and its own full basement. The property also includes a level yard and a detached garage with space for two cars.
Located at 4839-4837 N 106th St in Milwaukee, the property is near major highways.
Located at 4839-4837 N 106th St in Milwaukee, the property is near major highways.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 baths
- A full basement serves each unit
- 2,309 square feet
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
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
$174,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee, WI
Properties on Market for Duplexes in Milwaukee
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 4839-4837 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; A full basement serves each unit; 2,309 square feet
