Duplex with Two-Car
For Sale
$299,900
6007 N 109th St, Milwaukee, WI 53225
Two townhouse-style units offer three bedrooms, one and a half baths, and garage parking.
Property Size2,896 SF
Lot Size0.25 Acres
Price / SF$103.56
Days on Market48
Property Features for 6007 N 109th St
General Information
Standard status
Active
Size
2,896 SF
Total Parking Spaces
2
Lot size
0.25 Acres
Property subtype
Multi-Family
Site & Location
Neighborhood
Florist Highlands
Highway Access
Yes
Building Details
Year Built
1976
Listing Agency:
Smart Asset Realty Inc
Listed By:
Adam McCarthy · License #5831990
(414) 732-1123
Source:
Levelupwi
Added: Sep 6
Changed: Oct 14
Last Checked: Oct 7 at 5:00PM
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 Smart Asset Realty Inc
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Investment Insights
Based on property information with market context.
This 1976-built duplex contains approximately 2,896 square feet across two townhouse-style units. Each unit includes 3 bedrooms and 1.5 baths, creating a consistent two-unit layout suited to residential income ownership. The property also includes a 2-car garage and sits on a .25-acre lot.
Located at 6007 N 109th St, 6009 in Milwaukee, the property offers access to highways, shopping, schools, and employment centers. The existing tenancy includes long-term tenants, providing established occupancy within the duplex configuration.
Located at 6007 N 109th St, 6009 in Milwaukee, the property offers access to highways, shopping, schools, and employment centers. The existing tenancy includes long-term tenants, providing established occupancy within the duplex configuration.
Key Highlights
- Approximately 2,896 Sq Ft duplex
- Two units, each with 3bed/1.5 bath
- 2 car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,973
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,460
$539.5K
Cap Rate 7%
$385,329
$385.3K
Cap Rate 9%
$299,700
$299.7K
Market Conditions
NOI Build-Up for 2,896 SF
Gross rent
$51.1K $17.64/SF
− Vacancy
−$2.0K −$0.71/SF
EGI
$49.0K $16.93/SF
− OpEx
−$22.1K −$7.62/SF
NOI
$27.0K $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%
$539,460
Cap Rate 7%
$385,329
Cap Rate 9%
$299,700
Alternative Uses
Best Use
Multifamily LT 5
$416.2K
$364.1K – $485.5K
NOI $29,131 @ 7.0% cap · market cap 9.71%
Second Best
Apartment 5plus
$385.3K
$337.2K – $449.6K
NOI $26,973 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$695.9K
$608.9K – $811.9K
NOI $48,715 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
178
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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two townhouse-style units offer three bedrooms, one and a half baths, and garage parking.
Where is this duplex located?
The property is located at 6007 N 109th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Approximately 2,896 Sq Ft duplex; Two units, each with 3bed/1.5 bath; 2 car garage
