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Historic Duplex
For Sale
$39,900
Pending

5304 N 38th St, Milwaukee, WI 53209

Each residence has two bedrooms and one bathroom, with different features across the two levels.

Property SizeContact for details
Days on Market19

Property Features for 5304 N 38th St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,465

Building Details

Year Built 1898
Buildings 1
Listing Agency: Shorewest Realtors, Inc.
Listed By: Jill Gilmer · License #76141-94
Source: Sewartgroup
Added: Sep 29 Changed: Oct 17 Last Checked: Oct 16 at 4:28PM

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, Inc.

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Investment Insights

Based on property information with market context.

Dating to 1898, this duplex contains two residences, each configured with two bedrooms and one bathroom. The lower unit has an expansive living room and bedroom, while a skylight brings natural light into the upper unit’s bathroom. A rear parking slab accommodates two cars.

The property is identified as distressed, and safety concerns require visitors to sign a release and hold-harmless form before a showing can be approved. An inspection report is available.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Built in 1898
  • Lower unit includes a large living room and bedroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center Spa & Massage Center

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

445
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with different features across the two levels.
Where is this duplex located?
The property is located at 5304 N 38th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Built in 1898; Lower unit includes a large living room and bedroom
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