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Updated Two-Unit Duplex
For Sale
$140,000

5049-5047 N 31st Street, Milwaukee, WI 53209

Paired two-bedroom residences have established long-term tenancy and dedicated parking.

Property SizeContact for details
Days on Market81

Property Features for 5049-5047 N 31st Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,764
Listing Agency: Shorewest Realtors - South Metro
Listed By: Ippoliti Property Group* · License #7611594
Source: Exprealty
Added: Jun 15 Changed: Sep 1 Last Checked: Sep 2 at 6:48PM

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 - South Metro

Investment Insights

Based on property information with market context.

This duplex contains two two-bedroom residences, each configured with two bedrooms and two bathrooms. Both units were remodeled approximately 10 years ago, and the property includes a dimensional roof, updated electrical service, and newer furnaces installed approximately 5 years ago. Two parking spaces are also provided.

Long-term tenants occupy both residences, supporting an existing income-producing configuration at the Milwaukee property. The address is 5049-5047 N 31st Street in Milwaukee, Wisconsin.

Key Highlights

  • Two‑unit duplex with 2 bed/2 bed configuration
  • Long‑term tenants occupy both units
  • Dimensional roof in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby

Demographics for 53209, WI

44,586
Population
21,466
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,090
Density / Sq Mi
$45,288
Median Household Income
$33,854
Median Earnings
$980
Median Rent
$150,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Paired two-bedroom residences have established long-term tenancy and dedicated parking.
Where is this duplex located?
The property is located at 5049-5047 N 31st Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bed/2 bed configuration; Long‑term tenants occupy both units; Dimensional roof in place
More about this property
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