Renovated Duplex with
5210 S Packard Ave, Cudahy, WI 53110
For Sale
$405,900
Two units offer distinct bedroom and bathroom configurations, plus a recreation room in the lower residence.
Property Size2,100 SF
Price / SF$193.29
Days on Market13
Property Features for 5210 S Packard Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fully fenced backyard
recreation room
Building Details
Buildings
Listing Agency:
Coldwell Banker Realty
(414) 277-9500
Listed By:
Eduardo Jaime Pugliese · License WI 88009-94
(414) 708-1863
Source:
Exprealty
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 8 at 6:29AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 2,100-square-foot duplex at 5210 S Packard Ave in Cudahy has two units. The lower unit contains two bedrooms, two full bathrooms, and a recreation room; the upper unit has two bedrooms and one full bathroom. Recent work includes a new roof, windows, flooring, and mechanical systems.
The property also includes a fenced backyard and a two-car garage. Lake Michigan is a short drive away.
The property also includes a fenced backyard and a two-car garage. Lake Michigan is a short drive away.
Key Highlights
- 2,100‑square‑foot duplex with two units
- Lower unit has 2 bedrooms, 2 full bathrooms, and a recreation room
- Upper unit has 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,504
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,080
$450.1K
Cap Rate 7%
$321,486
$321.5K
Cap Rate 9%
$250,044
$250.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$34.0K $16.20/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$32.1K $15.31/SF
− OpEx
−$9.6K −$4.59/SF
NOI
$22.5K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,080
Cap Rate 7%
$321,486
Cap Rate 9%
$250,044
Alternative Uses
Best Use
Multifamily LT 5
$321.5K
$281.3K – $375.1K
NOI $22,504 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,103 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$498.0K
$435.7K – $581.0K
NOI $34,859 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
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Business Placement
Demographics for 53110, WI
18,204
Population
8,866
Households
2.1
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
3,793
Density / Sq Mi
$66,717
Median Household Income
$46,920
Median Earnings
$977
Median Rent
$201,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two units offer distinct bedroom and bathroom configurations, plus a recreation room in the lower residence.
Where is this duplex located?
The property is located at 5210 S Packard Ave Cudahy, WI.
What is the asking price?
The asking price for this property is $405,900.
What are key features of this property?
This property features: 2,100‑square‑foot duplex with two units; Lower unit has 2 bedrooms, 2 full bathrooms, and a recreation room; Upper unit has 2 bedrooms and 1 full bathroom
