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Duplex with Owner-Occupancy Potential
For Sale
$219,900

734 S 31st St, Milwaukee, WI 53215

Two-unit property with hardwood interiors, updated systems, and a finished lower-level drainage improvement.

Property SizeContact for details
Days on Market67

Property Features for 734 S 31st St

General Information

Standard status Active
Property subtype Two Family Home
Zoning RT4

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,672

Building Details

Year Built 1912
Buildings 1
Units 2
Tenancy Single
Listing Agency: Keller Williams-MNS Wauwatosa
Listed By: Collin Buckley
Source: Therealtycompanyllc
Added: Jun 12 Changed: Aug 12 Last Checked: Aug 16 at 4:51PM

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 Keller Williams-MNS Wauwatosa

Investment Insights

Based on property information with market context.

Built in 1912, this RT4-zoned duplex includes two residential units with hardwood flooring across the living rooms, dining rooms, and bedrooms. Built-in china cabinets add storage and character to both dining rooms, while the upper unit also offers a pantry. The third-floor attic provides unfinished open space.

The lower unit is occupied by a long-term tenant, and the upper unit is available for owner occupancy. Recent work includes a full basement tile and crock system, a new water heater, electrical upgrades, a remodeled lower bathroom, and reconstruction of the rear upper balcony. The property is located at 734 S 31st St in Milwaukee, Wisconsin.

Key Highlights

  • Two‑unit duplex with lower unit occupied by a long‑term tenant
  • Upper unit available for owner occupancy
  • Hardwood floors in both units’ living rooms, dining rooms, and bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Cafe & Coffee Shop Electrical Service

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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

Demographics for 53215, WI

59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit property with hardwood interiors, updated systems, and a finished lower-level drainage improvement.
Where is this duplex located?
The property is located at 734 S 31st St Milwaukee, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex with lower unit occupied by a long‑term tenant; Upper unit available for owner occupancy; Hardwood floors in both units’ living rooms, dining rooms, and bedrooms
More about this property
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