Two-Unit Duplex with
For Sale
Contact for pricing
56 E Ash Ln, Milton, WI 53563
Modern residences feature efficient layouts, private garages, and three-bedroom floor plans.
Property Size2,805 SF
Price / SF$196.04
Days on Market195
Property Features for 56 E Ash Ln
General Information
Standard status
Active
Size
2,805 SF
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$33,952
Financials
Gross Income
$52,800
Average Monthly Rent
$2,200
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Next Generation Construction
Listed By:
Chloe Mayhew · License #94939-94
(608) 774-5026
Source:
Crexi
Added: Apr 6
Changed: Oct 15
Last Checked: Oct 16 at 5:37AM
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 Next Generation Construction
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains 2,805 square feet with two residential units. Each unit provides three bedrooms, two bathrooms, an efficient contemporary layout, and an attached two-car garage. The configuration offers separately defined living spaces within a single income-producing property.
The property is located near Janesville and Fort Atkinson, with access to the I-39/90 corridor. Both units are designed for modern residential occupancy and include garage parking directly connected to each residence.
The property is located near Janesville and Fort Atkinson, with access to the I-39/90 corridor. Both units are designed for modern residential occupancy and include garage parking directly connected to each residence.
Key Highlights
- Two‑unit duplex totaling 2,805 square feet
- Built in 2026
- Each unit offers 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,877
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,540
$517.5K
Cap Rate 7%
$369,671
$369.7K
Cap Rate 9%
$287,522
$287.5K
Market Conditions
NOI Build-Up for 2,805 SF
Gross rent
$38.7K $13.80/SF
− Vacancy
−$1.7K −$0.62/SF
EGI
$37.0K $13.18/SF
− OpEx
−$11.1K −$3.95/SF
NOI
$25.9K $9.23/SF
Area
Rock County, WI
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,540
Cap Rate 7%
$369,671
Cap Rate 9%
$287,522
Alternative Uses
Best Use
Multifamily LT 5
$369.7K
$323.5K – $431.3K
NOI $25,877 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$325.0K
$284.4K – $379.2K
NOI $22,749 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$674.1K
$589.8K – $786.4K
NOI $47,185 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
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Business Placement
Demographics for 53563, WI
11,503
Population
4,672
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
172
Density / Sq Mi
$89,397
Median Household Income
$47,742
Median Earnings
$972
Median Rent
$270,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Modern residences feature efficient layouts, private garages, and three-bedroom floor plans.
Where is this duplex located?
The property is located at 56 E Ash Ln Milton, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,805 square feet; Built in 2026; Each unit offers 3 bedrooms and 2 bathrooms
