Two-Unit Residential Income
6118 25th Avenue Kenosha, WI 53143
6118 25th Avenue, Kenosha, WI, 53143
$220,000
For Sale
$220,000
Duplex with two bedrooms and one full bath in the lower unit and one bedroom and one full bath upstairs.
Property Size1,459 SF
Price / SF$150.79
Days on Market44
Property Features for 6118 25th Avenue
General Information
- Standard status
- Active
- Size
- 1,459 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1907
Listing agency
EXP Realty, LLC~MKE
(262) 598-6609
Listed by
Thaer Bitar · License #78073-94
(262) 598-6609
Source
Compass
Added: Jun 9 Updated: Jul 21 at 5:47PM Checked: Jul 21 at 5:47PM
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 EXP Realty, LLC~MKE
Investment Insights
Based on property information with market context.
This two-unit residential income property features a lower unit with two bedrooms and one full bath, along with an upper unit offering one bedroom and one full bath. Recent updates include paint, flooring, and carpet. The property also includes central air and garage parking, supporting comfortable year-round use for tenants or an owner-occupant.
The duplex is located in central Kenosha and is described as within walking distance to the Kenosha Innovation Neighborhood.
The upper unit is currently paying $1,100 per month on a month-to-month arrangement. It presents a solid setup for an investor looking to add a rental, or for an owner-occupant planning to live in one unit and rent the other.
The duplex is located in central Kenosha and is described as within walking distance to the Kenosha Innovation Neighborhood.
The upper unit is currently paying $1,100 per month on a month-to-month arrangement. It presents a solid setup for an investor looking to add a rental, or for an owner-occupant planning to live in one unit and rent the other.
Key Highlights
- Two‑unit duplex in central Kenosha with a 2BD/1BA lower unit and a 1BD/1BA upper unit
- Lower unit has 2 bedrooms and 1 full bath; upper unit has 1 bedroom and 1 full bath
- Est. total living area of 1,459 SF; full basement
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $15.00 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $20.6k | $14.10 |
| − OpEx | −$6.2k | −$4.23 |
| NOI | $14.4k | $9.87 |
1,459 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.7K
$180.0K – $240.0K
NOI $14,400 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$190.5K
$166.7K – $222.2K
NOI $13,334 @ 7.0% cap · market cap 6.06%
Theoretical Best
Warehouse
$1.70M
$1.49M – $1.98M
NOI $118,903 @ 7.0% cap · market cap 54.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two bedrooms and one full bath in the lower unit and one bedroom and one full bath upstairs.
Where is this duplex located?
The property is located at 6118 25th Avenue Kenosha, WI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two‑unit duplex in central Kenosha with a 2BD/1BA lower unit and a 1BD/1BA upper unit; Lower unit has 2 bedrooms and 1 full bath; upper unit has 1 bedroom and 1 full bath; Est. total living area of 1,459 SF; full basement