Three-Bedroom Duplex with
For Sale
Contact for pricing
68 E Ash Ln, Milton, WI 53563
Contemporary two-unit rental property with efficient layouts and attached parking for each residence.
Property Size2,805 SF
Price / SF$196.04
Days on Market194
Property Features for 68 E Ash Ln
General Information
Standard status
Active
Size
2,805 SF
Class
A
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$33,952
Additional Details
Average Monthly Rent
$2,200
Highway Access
Yes
Building Details
Year Built
2026
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Next Generation Construction
Listed By:
Chloe Mayhew · License #94939-94
(608) 774-5026
Source:
Crexi
Added: Apr 6
Changed: Oct 10
Last Checked: Oct 14 at 9:23PM
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 Next Generation Construction
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Investment Insights
Based on property information with market context.
This 2,805-square-foot duplex contains two contemporary residences, each offering a three-bedroom, two-bathroom layout and an attached two-car garage. Built in 2026, the property combines modern residential finishes with a configuration suited to rental housing.
Located in Milton, Wisconsin, the property provides access to Janesville, Fort Atkinson, and the I-39/90 corridor. The separate-unit design supports residential income use while giving each household dedicated garage parking and a full-size floor plan.
Located in Milton, Wisconsin, the property provides access to Janesville, Fort Atkinson, and the I-39/90 corridor. The separate-unit design supports residential income use while giving each household dedicated garage parking and a full-size floor plan.
Key Highlights
- 2,805 SF duplex built in 2026
- Two three‑bedroom, two‑bathroom residences
- Attached two‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,877
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,540
$517.5K
Cap Rate 7%
$369,671
$369.7K
Cap Rate 9%
$287,522
$287.5K
Market Conditions
NOI Build-Up for 2,805 SF
Gross rent
$38.7K $13.80/SF
− Vacancy
−$1.7K −$0.62/SF
EGI
$37.0K $13.18/SF
− OpEx
−$11.1K −$3.95/SF
NOI
$25.9K $9.23/SF
Area
Rock County, WI
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,540
Cap Rate 7%
$369,671
Cap Rate 9%
$287,522
Alternative Uses
Best Use
Multifamily LT 5
$369.7K
$323.5K – $431.3K
NOI $25,877 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$325.0K
$284.4K – $379.2K
NOI $22,749 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$674.1K
$589.8K – $786.4K
NOI $47,185 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 53563, WI
11,503
Population
4,672
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
172
Density / Sq Mi
$89,397
Median Household Income
$47,742
Median Earnings
$972
Median Rent
$270,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Contemporary two-unit rental property with efficient layouts and attached parking for each residence.
Where is this duplex located?
The property is located at 68 E Ash Ln Milton, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2,805 SF duplex built in 2026; Two three‑bedroom, two‑bathroom residences; Attached two‑car garage for each unit
