Townhouse-Style
7362-7360 Old Loomis Rd, Greendale, WI 53129
For Sale
$450,000
Each residence includes a basement and a three-bedroom, one-and-a-half-bath layout.
Property Size2,500 SF
Lot Size0.25 Acres
Price / SF$180
Days on Market19
Property Features for 7362-7360 Old Loomis Rd
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Construction
Listing Agency:
RE/MAX Forward
Listed By:
Stacie Calarco
(414) 915-4918
Source:
Exprealty
Added: Oct 24
Changed: Nov 7
Last Checked: Nov 10 at 3:08PM
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 RE/MAX Forward
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex at 7362-7360 Old Loomis Road in Greendale comprises two townhouse-style residences, each with three bedrooms, one and a half bathrooms, and a basement. The property contains 2,500 square feet on a quarter-acre lot.
A tree-lined backyard provides outdoor space behind the residences. The two-address configuration and separate living spaces define the property’s layout.
A tree-lined backyard provides outdoor space behind the residences. The two-address configuration and separate living spaces define the property’s layout.
Key Highlights
- Two townhouse‑style residences, each with 3 bedrooms, 1.5 bathrooms, and a basement
- 2,500 square feet on a quarter‑acre lot
- Tree‑lined backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,791
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,820
$535.8K
Cap Rate 7%
$382,729
$382.7K
Cap Rate 9%
$297,678
$297.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$40.5K $16.20/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$38.3K $15.31/SF
− OpEx
−$11.5K −$4.59/SF
NOI
$26.8K $10.72/SF
Area
Milwaukee County, WI
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,820
Cap Rate 7%
$382,729
Cap Rate 9%
$297,678
Alternative Uses
Best Use
Multifamily LT 5
$382.7K
$334.9K – $446.5K
NOI $26,791 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$341.9K
$299.2K – $398.9K
NOI $23,932 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$592.8K
$518.7K – $691.7K
NOI $41,499 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 53129, WI
14,793
Population
6,046
Households
2.4
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
5.1 sq mi
ZIP Area
2,901
Density / Sq Mi
$95,412
Median Household Income
$55,956
Median Earnings
$1,177
Median Rent
$288,400
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Milwaukee County, WI
Properties on Market for Duplexes in Milwaukee County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a basement and a three-bedroom, one-and-a-half-bath layout.
Where is this duplex located?
The property is located at 7362-7360 Old Loomis Rd Greendale, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two townhouse‑style residences, each with 3 bedrooms, 1.5 bathrooms, and a basement; 2,500 square feet on a quarter‑acre lot; Tree‑lined backyard
