Move-In Ready Duplex
5265 North Sherman Boulevard Unit 5267 Milwaukee, WI 53209
For Sale
$239,900
Duplex with three bedrooms on each level, updated electrical and bathrooms, and a fenced yard with garage and extra parking.
Property Size1,048 SF
Price / SF$228.91
Days on Market75
Property Features for 5265 North Sherman Boulevard Unit 5267
General Information
- Standard status
- Active
- Size
- 1,048 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1953
Listing Agency:
De Novo Investments LLC
(414) 704-2455
Listed By:
George (Bill) W Buresh · License #59649-90
(414) 704-2455
Source:
Compass
Added: May 10
Changed: Jul 22
Last Checked: Jul 23 at 9:56AM
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 De Novo Investments LLC
Investment Insights
Based on property information with market context.
This move-in ready duplex has been refreshed with light remodeling throughout, including freshly refinished hardwood floors, updated bathrooms, and updated electrical. The layout provides three bedrooms on the upper level and three bedrooms on the lower level, creating a straightforward two-unit configuration.
Outside, the property includes a fenced-in yard, a 2.5-car garage, and three additional parking spots, supporting convenient on-site parking for residents. This is also described as investor-ready, with market rent listed at $1,350 per unit.
With its updated interiors and functional exterior improvements, the home is positioned for immediate occupancy or use as a rental property.
Outside, the property includes a fenced-in yard, a 2.5-car garage, and three additional parking spots, supporting convenient on-site parking for residents. This is also described as investor-ready, with market rent listed at $1,350 per unit.
With its updated interiors and functional exterior improvements, the home is positioned for immediate occupancy or use as a rental property.
Key Highlights
- Duplex with 3 bedrooms on each level (3 bedrooms up and 3 bedrooms down)
- Updated electrical and updated bathrooms throughout
- Freshly refinished hardwood floors
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.6k | $15.84 |
| − Vacancy | −$1.1k | −$1.03 |
| EGI | $15.5k | $14.81 |
| − OpEx | −$4.7k | −$4.44 |
| NOI | $10.9k | $10.37 |
1,048 SF · lease $15.84/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$155.2K
$135.8K – $181.1K
NOI $10,865 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$144.3K
$126.2K – $168.3K
NOI $10,099 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$251.8K
$220.4K – $293.8K
NOI $17,629 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with three bedrooms on each level, updated electrical and bathrooms, and a fenced yard with garage and extra parking.
Where is this duplex located?
The property is located at 5265 North Sherman Boulevard Unit 5267 Milwaukee, WI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Duplex with 3 bedrooms on each level (3 bedrooms up and 3 bedrooms down); Updated electrical and updated bathrooms throughout; Freshly refinished hardwood floors
