Duplex with Two-Car
5010 22nd Ave, Kenosha, WI 53140
For Sale
$289,900
Both residences have three bedrooms; one is vacant and the other is occupied.
Property Size2,256 SF
Price / SF$128.50
Days on Market49
Property Features for 5010 22nd Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Construction
Listing Agency:
B-H Group, Inc.
Listed By:
Eric Belongia
(262) 620-4741
Source:
Jwregwi
Added: Sep 26
Changed: Nov 3
Last Checked: Nov 12 at 10:44AM
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 B-H Group, 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.
Built in 1916, this 2,256-square-foot duplex contains two three-bedroom residences with similar layouts. The upper unit is vacant, while the lower unit is occupied. A masonry exterior and a two-car garage are among the property’s physical features, with additional off-street parking also provided.
Key Highlights
- Two residences, each with three bedrooms
- 2,256 square feet in a duplex built in 1916
- Two‑car garage plus additional off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,267
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,340
$445.3K
Cap Rate 7%
$318,100
$318.1K
Cap Rate 9%
$247,411
$247.4K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$33.8K $15.00/SF
− Vacancy
−$2.0K −$0.90/SF
EGI
$31.8K $14.10/SF
− OpEx
−$9.5K −$4.23/SF
NOI
$22.3K $9.87/SF
Area
Kenosha County, WI
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,340
Cap Rate 7%
$318,100
Cap Rate 9%
$247,411
Alternative Uses
Best Use
Multifamily LT 5
$318.1K
$278.3K – $371.1K
NOI $22,267 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$294.5K
$257.7K – $343.6K
NOI $20,618 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$494.4K
$432.6K – $576.8K
NOI $34,609 @ 7.0% cap · market cap 11.94%
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
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Explore this area
Business Placement
Demographics for 53140, WI
30,571
Population
14,065
Households
2.2
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
3,870
Density / Sq Mi
$56,803
Median Household Income
$34,154
Median Earnings
$1,018
Median Rent
$191,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Kenosha County, WI
Properties on Market for Duplexes in Kenosha County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms; one is vacant and the other is occupied.
Where is this duplex located?
The property is located at 5010 22nd Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two residences, each with three bedrooms; 2,256 square feet in a duplex built in 1916; Two‑car garage plus additional off‑street parking
