Updated Duplex
For Sale
$199,900
6920 13th Ave, Kenosha, WI 53143
Two-unit residential income property with distinct lower- and upper-level layouts.
Property Size1,484 SF
Price / SF$134.70
Days on Market64
Property Features for 6920 13th Ave
General Information
Standard status
Active
Size
1,484 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1918
Listing Agency:
Welcome Home Real Estate Group, LLC
Listed By:
Aaron Kohlmeier · License #5466490
(262) 909-8700
Source:
Nikolicgroup
Added: Aug 19
Changed: Oct 7
Last Checked: Oct 7 at 4:44PM
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 Welcome Home Real Estate Group, LLC
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Investment Insights
Based on property information with market context.
This two-unit property in Kenosha includes a spacious lower residence with three bedrooms and one bathroom, plus an upper residence with one bedroom and one bathroom. The building dates to 1918 and includes some newer updates.
With 1,484 square feet across the two units, the property offers a compact multifamily configuration with separate living spaces. Its residential income format supports evaluation as a duplex asset in Kenosha.
With 1,484 square feet across the two units, the property offers a compact multifamily configuration with separate living spaces. Its residential income format supports evaluation as a duplex asset in Kenosha.
Key Highlights
- Two‑unit duplex configuration
- Lower unit with 3 bedrooms and 1 bathroom
- Upper unit with 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,647
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,940
$292.9K
Cap Rate 7%
$209,243
$209.2K
Cap Rate 9%
$162,744
$162.7K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$22.3K $15.00/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$20.9K $14.10/SF
− OpEx
−$6.3K −$4.23/SF
NOI
$14.6K $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%
$292,940
Cap Rate 7%
$209,243
Cap Rate 9%
$162,744
Alternative Uses
Best Use
Multifamily LT 5
$209.2K
$183.1K – $244.1K
NOI $14,647 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$193.8K
$169.5K – $226.1K
NOI $13,563 @ 7.0% cap · market cap 6.78%
Theoretical Best
Warehouse
$1.73M
$1.51M – $2.02M
NOI $120,940 @ 7.0% cap · market cap 60.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
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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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 - Two-unit residential income property with distinct lower- and upper-level layouts.
Where is this duplex located?
The property is located at 6920 13th Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex configuration; Lower unit with 3 bedrooms and 1 bathroom; Upper unit with 1 bedroom and 1 bathroom
