Duplex with Three-Car
For Sale
$209,500
5742 N 99th STREET Unit 5744, Milwaukee, WI 53225
Two matching three-bedroom residences offer a practical rental layout, with a garage and an as-is sale condition.
Property Size2,024 SF
Price / SF$103.51
Days on Market15
Property Features for 5742 N 99th STREET Unit 5744
General Information
Standard status
Active
Size
2,024 SF
Total Parking Spaces
3
Property subtype
Multi Family
Site & Location
Neighborhood
Silver Swan
Additional Details
Multifamily Units
2
Building Details
Year Built
1964
Listing Agency:
Homestead Realty, Inc
Listed By:
Luis Garcia · License #9018994
(414) 313-4359
Source:
Lakecountryflatfee
Added: Oct 21
Changed: Nov 3
Last Checked: Nov 3 at 8:14AM
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 Homestead Realty, Inc
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Investment Insights
Based on property information with market context.
This duplex contains two 3-bedroom units, totaling 2,024 square feet. A 3-car garage serves the property, which was built in 1964. The building is being offered in as-is condition.
The duplex may be purchased on its own or together with properties at 5736 N 99th St and 6814 N 42nd St.
The duplex may be purchased on its own or together with properties at 5736 N 99th St and 6814 N 42nd St.
Key Highlights
- Two 3‑bedroom units
- 2,024 square feet
- 3‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,851
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,020
$377.0K
Cap Rate 7%
$269,300
$269.3K
Cap Rate 9%
$209,456
$209.5K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$35.7K $17.64/SF
− Vacancy
−$1.4K −$0.71/SF
EGI
$34.3K $16.93/SF
− OpEx
−$15.4K −$7.62/SF
NOI
$18.9K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,020
Cap Rate 7%
$269,300
Cap Rate 9%
$209,456
Alternative Uses
Best Use
Multifamily LT 5
$290.8K
$254.5K – $339.3K
NOI $20,359 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$269.3K
$235.6K – $314.2K
NOI $18,851 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$486.4K
$425.6K – $567.5K
NOI $34,047 @ 7.0% cap · market cap 16.25%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching three-bedroom residences offer a practical rental layout, with a garage and an as-is sale condition.
Where is this duplex located?
The property is located at 5742 N 99th STREET Unit 5744 Milwaukee, WI.
What is the asking price?
The asking price for this property is $209,500.
What are key features of this property?
This property features: Two 3‑bedroom units; 2,024 square feet; 3‑car garage
