Remodeled Brick
6016 33rd Ave, Kenosha, WI 53142
For Sale
New
$299,900
Two kitchens and separate upper-level living space support a flexible duplex layout.
Property Size1,986 SF
Price / SF$151.01
Days on Market4
Property Features for 6016 33rd Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Amenities
front porch
privacy fence
Building Details
Year Built
Construction
Listing Agency:
Coldwell Banker River Valley, Realtors
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 7:45AM
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 Coldwell Banker River Valley, Realtors
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Investment Insights
Based on property information with market context.
This 1,986-square-foot brick duplex, built in 1927, has been remodeled and includes a main-floor bedroom and full bathroom, plus two additional bedrooms and another full bathroom upstairs. A second kitchen serves the upper level, which also includes a large room suited to use as an additional bedroom or living area. The main floor features an open living and dining arrangement with a remodeled kitchen and expanded pantry storage.
Outdoor and support features include a fenced yard, front porch, rear four-car driveway, and unfinished basement. Recent updates include a hot water heater, furnace, and attic insulation.
Outdoor and support features include a fenced yard, front porch, rear four-car driveway, and unfinished basement. Recent updates include a hot water heater, furnace, and attic insulation.
Key Highlights
- 1,986‑square‑foot brick duplex built in 1927
- Two kitchens, including one on the upper level
- Main‑floor bedroom and full bath; two upstairs bedrooms and another full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,602
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,040
$392.0K
Cap Rate 7%
$280,029
$280.0K
Cap Rate 9%
$217,800
$217.8K
Market Conditions
NOI Build-Up for 1,986 SF
Gross rent
$29.8K $15.00/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$28.0K $14.10/SF
− OpEx
−$8.4K −$4.23/SF
NOI
$19.6K $9.87/SF
Area
Kenosha County, WI
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,040
Cap Rate 7%
$280,029
Cap Rate 9%
$217,800
Alternative Uses
Best Use
Multifamily LT 5
$280.0K
$245.0K – $326.7K
NOI $19,602 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$259.3K
$226.9K – $302.5K
NOI $18,151 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$435.2K
$380.8K – $507.8K
NOI $30,467 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
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Business Placement
Demographics for 53142, WI
33,146
Population
13,787
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,601
Density / Sq Mi
$86,891
Median Household Income
$49,161
Median Earnings
$1,319
Median Rent
$254,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Kenosha County, WI
Properties on Market for Duplexes in Kenosha County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens and separate upper-level living space support a flexible duplex layout.
Where is this duplex located?
The property is located at 6016 33rd Ave Kenosha, 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: 1,986‑square‑foot brick duplex built in 1927; Two kitchens, including one on the upper level; Main‑floor bedroom and full bath; two upstairs bedrooms and another full bath
