Duplex with Refreshed Lower
New
For Sale
$229,900
6526 19th Ave, Kenosha, WI 53143
The upper residence is occupied, while the lower unit has updated finishes and stainless steel appliances.
Property Size1,908 SF
Price / SF$120.49
Days on Market3
Property Features for 6526 19th Ave
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1911
Listing Agency:
Hollrith Realty, Inc
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Oct 28
Last Checked: Oct 28 at 5:49AM
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 Hollrith Realty, Inc
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Investment Insights
Based on property information with market context.
Built in 1911, this 1,908-square-foot duplex has two residential units. The lower unit was recently repainted and recarpeted, and now includes stainless steel appliances. The upper unit is occupied. A landscaped yard is also part of the property.
Key Highlights
- 1,908‑square‑foot duplex built in 1911
- Upper unit is currently occupied
- Lower unit has recent interior paint, new carpeting, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,832
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,640
$376.6K
Cap Rate 7%
$269,029
$269.0K
Cap Rate 9%
$209,244
$209.2K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$28.6K $15.00/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$26.9K $14.10/SF
− OpEx
−$8.1K −$4.23/SF
NOI
$18.8K $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%
$376,640
Cap Rate 7%
$269,029
Cap Rate 9%
$209,244
Alternative Uses
Best Use
Multifamily LT 5
$269.0K
$235.4K – $313.9K
NOI $18,832 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$249.1K
$218.0K – $290.6K
NOI $17,438 @ 7.0% cap · market cap 7.59%
Theoretical Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,494 @ 7.0% cap · market cap 67.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
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Business Placement
Demographics for 53143, WI
22,702
Population
9,118
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
4.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$67,105
Median Household Income
$40,276
Median Earnings
$1,157
Median Rent
$186,600
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 - The upper residence is occupied, while the lower unit has updated finishes and stainless steel appliances.
Where is this duplex located?
The property is located at 6526 19th Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 1,908‑square‑foot duplex built in 1911; Upper unit is currently occupied; Lower unit has recent interior paint, new carpeting, and stainless steel appliances
