Updated
5754 N 65th St, Milwaukee, WI 53218
For Sale
$195,000
Both two-bedroom units are tenant occupied and have separate furnaces, water heaters, and circuit panels.
Property Size1,536 SF
Price / SF$126.95
Days on Market10
Property Features for 5754 N 65th St
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
Keller Williams Milwaukee North Shore
Listed By:
Realty Executives Southeast
(262) 443-0030
Source:
Therealestatestudiowi
Added: Nov 4
Changed: Nov 12
Last Checked: Nov 12 at 8:19AM
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 Keller Williams Milwaukee North Shore
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Investment Insights
Based on property information with market context.
This duplex, built in 1954, contains two-bedroom units on both sides. Recent work includes vinyl windows and siding, updated flooring and paint in each unit, and improvements to the kitchen cabinets and counters, plumbing, and electrical systems. Each unit has its own furnace, water heater, and circuit panel, supporting separate utility service.
Key Highlights
- Two‑bedroom layout in each unit
- Currently fully tenant occupied
- Separate furnaces, water heaters, and circuit panels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,286
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,720
$325.7K
Cap Rate 7%
$232,657
$232.7K
Cap Rate 9%
$180,956
$181.0K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$24.9K $16.20/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$23.3K $15.15/SF
− OpEx
−$7.0K −$4.54/SF
NOI
$16.3K $10.60/SF
Area
ZIP 53218
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,720
Cap Rate 7%
$232,657
Cap Rate 9%
$180,956
Alternative Uses
Best Use
Multifamily LT 5
$232.7K
$203.6K – $271.4K
NOI $16,286 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$208.7K
$182.6K – $243.5K
NOI $14,611 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$415.5K
$363.6K – $484.8K
NOI $29,086 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
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
$122,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Milwaukee, WI
Properties on Market for Duplexes in Milwaukee
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both two-bedroom units are tenant occupied and have separate furnaces, water heaters, and circuit panels.
Where is this duplex located?
The property is located at 5754 N 65th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two‑bedroom layout in each unit; Currently fully tenant occupied; Separate furnaces, water heaters, and circuit panels
