Duplex with
5132 29th Ave, Kenosha, WI 53140
For Sale
$265,000
The upper residence offers three bedrooms and has been refreshed for its next occupant.
Property Size1,716 SF
Price / SF$154.43
Days on Market10
Property Features for 5132 29th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Listing Agency:
Realty ONE Group Boardwalk
(262) 586-7900
Listed By:
EZ Realty Team* · License WI #9174894
(262) 997-1874
Source:
Exprealty
Added: Nov 4
Changed: Nov 10
Last Checked: Nov 12 at 9:05AM
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 Realty ONE Group Boardwalk
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 1,716-square-foot duplex includes an upper three-bedroom unit recently refreshed and ready for occupancy. Vinyl replacement windows and a recently repainted exterior are among the property’s updates. Furnaces and water heaters are each less than five years old.
Parking includes a 2.5-car garage and 4–6 additional spaces beside the building.
Parking includes a 2.5-car garage and 4–6 additional spaces beside the building.
Key Highlights
- Upper unit has 3 bedrooms and was recently refreshed
- 2.5‑car garage plus 4–6 side parking spaces
- Furnaces and water heaters are less than 5 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,937
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,740
$338.7K
Cap Rate 7%
$241,957
$242.0K
Cap Rate 9%
$188,189
$188.2K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$25.7K $15.00/SF
− Vacancy
−$1.5K −$0.90/SF
EGI
$24.2K $14.10/SF
− OpEx
−$7.3K −$4.23/SF
NOI
$16.9K $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%
$338,740
Cap Rate 7%
$241,957
Cap Rate 9%
$188,189
Alternative Uses
Best Use
Multifamily LT 5
$242.0K
$211.7K – $282.3K
NOI $16,937 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$224.0K
$196.0K – $261.4K
NOI $15,683 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$376.1K
$329.1K – $438.8K
NOI $26,325 @ 7.0% cap · market cap 9.93%
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
461
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 - The upper residence offers three bedrooms and has been refreshed for its next occupant.
Where is this duplex located?
The property is located at 5132 29th Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Upper unit has 3 bedrooms and was recently refreshed; 2.5‑car garage plus 4–6 side parking spaces; Furnaces and water heaters are less than 5 years old
