Two-Unit Duplex
6122 West Mitchell Street Unit 6124 West Allis, WI 53214
6122 West Mitchell Street Unit 6124, West Allis, WI, 53214
$280,000
Pending
For Sale
$280,000
Pending
Duplex with two-bedroom units on both upper and lower levels, sold as-is in current condition.
Property Size1,597 SF
Days on Market16
Property Features for 6122 West Mitchell Street Unit 6124
General Information
- Standard status
- Pending
- Size
- 1,597 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1898
Listing agency
First West Realty, LLC
(414) 339-9674
Listed by
Marlene Moctezuma · License #90416-94
(414) 339-9674
Source
Compass
Added: Jul 7 Updated: Jul 21 at 5:49PM Checked: Jul 21 at 5:49PM
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 First West Realty, LLC
Investment Insights
Based on property information with market context.
This duplex features two-bedroom units on both the upper and lower levels. The property is being sold “AS IS” in its current condition, offering an opportunity for buyers to tailor improvements to their needs.
The offering includes the full duplex configuration at 6122 West Mitchell Street, Unit 6124, in West Allis, WI 53214.
As presented, the home is configured as a two-unit rental property with matching two-bedroom layouts across levels.
The offering includes the full duplex configuration at 6122 West Mitchell Street, Unit 6124, in West Allis, WI 53214.
As presented, the home is configured as a two-unit rental property with matching two-bedroom layouts across levels.
Key Highlights
- Duplex with two‑bedroom units on both the upper and lower levels
- 1 full bathroom per unit
- 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 | $25.9k | $16.20 |
| − Vacancy | −$1.4k | −$0.89 |
| EGI | $24.4k | $15.31 |
| − OpEx | −$7.3k | −$4.59 |
| NOI | $17.1k | $10.72 |
1,597 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.5K
$213.9K – $285.2K
NOI $17,114 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$218.4K
$191.1K – $254.8K
NOI $15,288 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$378.7K
$331.4K – $441.8K
NOI $26,509 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with two-bedroom units on both upper and lower levels, sold as-is in current condition.
Where is this duplex located?
The property is located at 6122 West Mitchell Street Unit 6124 West Allis, WI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Duplex with two‑bedroom units on both the upper and lower levels; 1 full bathroom per unit; Full basement
