Updated Duplex with Separate
5754a-5754 N 65th St, Milwaukee, WI 53218
For Sale
$195,000
Both units have two bedrooms and are currently occupied by tenants.
Property Size1,536 SF
Price / SF$126.95
Days on Market12
Property Features for 5754a-5754 N 65th St
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Taxes and HOA fees
Annual Taxes
Listing Agency:
Shorewest Realtors - South Metro
Listed By:
Ippoliti Property Group* · License WI #7611594
(414) 423-1500
Source:
Exprealty
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 12 at 1:45PM
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 Shorewest Realtors - South Metro
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom units, with a total building area of 1,536 square feet. Both residences have received updates to flooring, paint, kitchen cabinetry and counters, plumbing, and electrical systems. Vinyl windows and siding are also in place.
Each unit has its own furnace, water heater, and circuit panel, supporting separate utility service. The property is currently fully tenant occupied.
Each unit has its own furnace, water heater, and circuit panel, supporting separate utility service. The property is currently fully tenant occupied.
Key Highlights
- Two 2‑bedroom units in a 1,536‑square‑foot duplex
- Separate furnaces, water heaters, and circuit panels for utility separation
- Updated vinyl windows, siding, flooring, paint, kitchen cabinets, counters, plumbing, and electrical systems
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.
How Realmo checks its estimates
Property 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
$122,200
Median Home Value
Market
Average Price Trend$/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 units have two bedrooms and are currently occupied by tenants.
Where is this duplex located?
The property is located at 5754a-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 2‑bedroom units in a 1,536‑square‑foot duplex; Separate furnaces, water heaters, and circuit panels for utility separation; Updated vinyl windows, siding, flooring, paint, kitchen cabinets, counters, plumbing, and electrical systems
