Renovated Two-Unit
For Sale
$385,000
7705 Eagle St, Wauwatosa, WI 53213
The property combines two updated residences with a detached garage, carport, and off-street parking.
Property Size1,835 SF
Price / SF$209.81
Days on Market55
Property Features for 7705 Eagle St
General Information
Standard status
Active
Size
1,835 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1951
Buildings
1
Listing Agency:
Premier Point Realty LLC
Listed By:
Avenue Real Estate
(920) 893-3001
Source:
Avenueret
Added: Aug 22
Changed: Oct 13
Last Checked: Oct 12 at 8:14PM
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 Premier Point Realty LLC
Investment Insights
Based on property information with market context.
Located at 7705 Eagle St in Wauwatosa, this two-unit residential property includes a lower two-bedroom, one-bath residence and an upper one-bedroom, one-bath residence. Both interiors feature custom cabinetry, quartz countertops, refinished hardwood floors, ceramic tile, updated fixtures and lighting, built-in storage, and updated appliances. One unit can be delivered vacant.
Property improvements include a roof and gutters completed in 2018, garage doors replaced in 2020, furnaces and A/C units updated from 2021-2026, and fresh exterior paint completed in 2026. The site also provides a detached garage, carport, and off-street parking. The property is near schools, the Village, the Medical Center, and Hwy 100.
Property improvements include a roof and gutters completed in 2018, garage doors replaced in 2020, furnaces and A/C units updated from 2021-2026, and fresh exterior paint completed in 2026. The site also provides a detached garage, carport, and off-street parking. The property is near schools, the Village, the Medical Center, and Hwy 100.
Key Highlights
- Two‑unit layout with a lower 2BR/1BA residence and upper 1BR/1BA residence
- Both units updated with quartz counters, refinished hardwoods, ceramic tile, fixtures, lighting, and built‑in storage
- One unit can be delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,664
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,280
$393.3K
Cap Rate 7%
$280,914
$280.9K
Cap Rate 9%
$218,489
$218.5K
Market Conditions
NOI Build-Up for 1,835 SF
Gross rent
$29.7K $16.20/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$28.1K $15.31/SF
− OpEx
−$8.4K −$4.59/SF
NOI
$19.7K $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%
$393,280
Cap Rate 7%
$280,914
Cap Rate 9%
$218,489
Alternative Uses
Best Use
Multifamily LT 5
$280.9K
$245.8K – $327.7K
NOI $19,664 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$250.9K
$219.6K – $292.8K
NOI $17,566 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$435.1K
$380.8K – $507.7K
NOI $30,460 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - The property combines two updated residences with a detached garage, carport, and off-street parking.
Where is this duplex located?
The property is located at 7705 Eagle St Wauwatosa, WI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit layout with a lower 2BR/1BA residence and upper 1BR/1BA residence; Both units updated with quartz counters, refinished hardwoods, ceramic tile, fixtures, lighting, and built‑in storage; One unit can be delivered vacant
