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Duplex with Detached Two-Car Garage
For Sale
$230,000

5400 N 53rd St, Milwaukee, WI 53218

Recently updated duplex with a currently leased lower unit and a rent-ready upper unit.

Property SizeContact for details
Days on Market32

Property Features for 5400 N 53rd St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Two Family Home
Zoning RS6

Taxes and HOA fees

Annual Taxes $4,857

Building Details

Year Built 1956
Units 2
Tenancy Multi
Listing Agency: Compass RE WI-Northshore
Listed By: Horizon Homes Group*
Source: Therealtycompanyllc
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 9 at 1:40PM

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 Compass RE WI-Northshore

Investment Insights

Based on property information with market context.

This recently updated duplex offers a practical setup for both investors and owner-occupants. The lower unit is currently leased, while the upper unit is vacant and rent-ready. Each unit features a spacious layout with generous living areas and functional floor plans.

Built in 1956, the property includes a 2-car detached garage for convenient off-street parking and storage.

Located at 5400 N 53rd St in Milwaukee, this duplex is positioned for immediate rental use with one unit producing cash flow and the other ready to be brought onto the rental market.

Key Highlights

  • Lower unit currently leased and generating immediate rental use
  • Upper unit is vacant and rent‑ready
  • Recently updated duplex with spacious, functional floor plans

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Gym & Fitness 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby

Demographics for 53218, WI

38,488
Population
15,971
Households
2.4
Avg Household Size
31
Median Age
10%
College-Educated
83%
High-School Grad
5.9 sq mi
ZIP Area
6,523
Density / Sq Mi
$42,207
Median Household Income
$33,622
Median Earnings
$1,034
Median Rent
$122,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Recently updated duplex with a currently leased lower unit and a rent-ready upper unit.
Where is this duplex located?
The property is located at 5400 N 53rd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Lower unit currently leased and generating immediate rental use; Upper unit is vacant and rent‑ready; Recently updated duplex with spacious, functional floor plans
More about this property
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