4-Unit Quadplex with Recent
For Sale
$399,900
5680 N 91st St, Milwaukee, WI 53225
Updated four-unit residential income property with two-bedroom layouts, private outdoor spaces, shared laundry, and tenant storage.
Property Size3,382 SF
Days on Market58
Property Features for 5680 N 91st St
General Information
Standard status
Active
Size
3,382 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
patios
balconies
shared laundry
dedicated tenant storage
Building Details
Building Size
3,382 SF
Year Built
1959
Buildings
1
Listing Agency:
Firefly Real Estate, LLC
Listed By:
Kelley Ruzicka · License #60642-90
(414) 526-9450
Source:
Sewartgroup
Added: Aug 18
Changed: Oct 10
Last Checked: Oct 13 at 3:53AM
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 Firefly Real Estate, LLC
Investment Insights
Based on property information with market context.
This quadplex contains four two-bedroom, one-bath residences with practical layouts and recent capital improvements. Work completed within the last 24 months includes extensive tuckpointing and repairs and strengthening to the second-floor porches. Each apartment has an eat-in kitchen, individual forced-air heat, and central air conditioning. Pella windows add another documented building feature.
Lower-level residences include patios, while upper-level units offer balconies. Shared laundry and dedicated tenant storage serve the property. Built in 1959, the asset is located at 5680 N 91st St in Milwaukee, Wisconsin, and is offered as a residential income property.
Lower-level residences include patios, while upper-level units offer balconies. Shared laundry and dedicated tenant storage serve the property. Built in 1959, the asset is located at 5680 N 91st St in Milwaukee, Wisconsin, and is offered as a residential income property.
Key Highlights
- Four‑family property with four 2‑bedroom, 1‑bath units
- Extensive tuckpointing completed within the last 24 months
- Second‑floor porches repaired and strengthened
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,020
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400
$680.4K
Cap Rate 7%
$486,000
$486.0K
Cap Rate 9%
$378,000
$378.0K
Market Conditions
NOI Build-Up for 3,382 SF
Gross rent
$50.7K $15.00/SF
− Vacancy
−$2.1K −$0.63/SF
EGI
$48.6K $14.37/SF
− OpEx
−$14.6K −$4.31/SF
NOI
$34.0K $10.06/SF
Area
Milwaukee, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,400
Cap Rate 7%
$486,000
Cap Rate 9%
$378,000
Alternative Uses
Best Use
Multifamily LT 5
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$450.0K
$393.8K – $525.0K
NOI $31,500 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$812.7K
$711.1K – $948.2K
NOI $56,891 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 53225, WI
25,138
Population
11,019
Households
2.3
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
7.0 sq mi
ZIP Area
3,591
Density / Sq Mi
$54,433
Median Household Income
$40,463
Median Earnings
$1,094
Median Rent
$174,500
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated four-unit residential income property with two-bedroom layouts, private outdoor spaces, shared laundry, and tenant storage.
Where is this quadplex located?
The property is located at 5680 N 91st St Milwaukee, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four‑family property with four 2‑bedroom, 1‑bath units; Extensive tuckpointing completed within the last 24 months; Second‑floor porches repaired and strengthened
