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Duplex With Side Driveway
For Sale
$138,000

623 W Ring Street, Milwaukee, WI 53212

Two-unit property with one vacant residence and an upper unit leased month to month.

Property SizeContact for details
Days on Market28

Property Features for 623 W Ring Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,072
Listing Agency: EXP Realty, LLC MKE
Listed By: Michael Argeropoulos · License #7950394
Source: Exprealty
Added: Aug 8 Changed: Sep 4 Last Checked: Aug 23 at 11:42AM

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 1905 duplex includes two residential units, with the lower residence currently vacant and the upper residence occupied under a month-to-month tenancy. Improvements include numerous replacement doors and windows, along with LVP flooring in the lower unit. The floorplan may offer a path to creating an additional bedroom in each residence, subject to applicable requirements.

The property is located at 623 W Ring St in Milwaukee’s Harambee area, on a quiet block with a side driveway. The site is near new construction and provides access to the highway network. RT4 zoning is identified for the property.

Key Highlights

  • Two‑unit residential property built in 1905
  • Lower unit is vacant; upper unit has a month‑to‑month tenant
  • Numerous new doors and windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby

Demographics for 53212, WI

28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one vacant residence and an upper unit leased month to month.
Where is this duplex located?
The property is located at 623 W Ring Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: Two‑unit residential property built in 1905; Lower unit is vacant; upper unit has a month‑to‑month tenant; Numerous new doors and windows
More about this property
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