Triplex Investment
For Sale
$299,900
831 N Silverbrook Dr, West Bend, WI 53090
Y, West Bend, WI
Property Size2,623 SF
Lot Size0.54 Acres
Price / SF$114.33
Days on Market184
Property Features for 831 N Silverbrook Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RD-2
Standard status
Active
APN
291_11191140216
Size
2,623 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4513
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
Boss Realty, LLC
Listed By:
Thomas Zernia · License #5745190
(262) 689-0022
Added: May 5
Changed: Oct 20
Last Checked: Nov 4 at 3:06AM
MLS# 1961030
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This for-sale triplex investment property includes three separate tax keys, providing flexibility for ownership and management. The property sits on a 0.54-acre lot and contains 2,623 square feet total. Zoning is listed as RD-2.
The property is located in West Bend, WI at 831 N Silverbrook Dr. Public remarks note proximity to Regner Park and the Eisenbahn Trail, with downtown West Bend within walking distance.
With the existing multi-key structure and residential-income setup, the property may appeal to buyers looking for an income-oriented asset within a walkable West Bend location.
The property is located in West Bend, WI at 831 N Silverbrook Dr. Public remarks note proximity to Regner Park and the Eisenbahn Trail, with downtown West Bend within walking distance.
With the existing multi-key structure and residential-income setup, the property may appeal to buyers looking for an income-oriented asset within a walkable West Bend location.
Key Highlights
- Year built: 1900
- Three separate tax keys
- Across the street from Regner Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,951
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,020
$499.0K
Cap Rate 7%
$356,443
$356.4K
Cap Rate 9%
$277,233
$277.2K
Market Conditions
NOI Build-Up for 2,623 SF
Gross rent
$48.2K $18.36/SF
− Vacancy
−$2.8K −$1.06/SF
EGI
$45.4K $17.30/SF
− OpEx
−$20.4K −$7.78/SF
NOI
$25.0K $9.51/SF
Area
Washington County, WI
Vacancy
5.80%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,020
Cap Rate 7%
$356,443
Cap Rate 9%
$277,233
Alternative Uses
Best Use
Apartment 5plus
$356.4K
$311.9K – $415.9K
NOI $24,951 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$721.1K
$631.0K – $841.3K
NOI $50,477 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
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Business Placement
Demographics for 53090, WI
21,478
Population
9,247
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
371
Density / Sq Mi
$87,786
Median Household Income
$49,156
Median Earnings
$1,132
Median Rent
$267,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Triplex for sale featuring three separate tax keys on a 0.54-acre lot in West Bend, WI.
Where is this single family property located?
The property is located at 831 N Silverbrook Dr West Bend, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Year built: 1900; Three separate tax keys; Across the street from Regner Park
