Triplex Investment
For Sale
$475,000
831 N Silverbrook Dr, West Bend, WI 53090
COMMERCIAL - West Bend, WI
Property Size2,623 SF
Lot Size0.54 Acres
Price / SF$181.09
Days on Market93
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
(262) 689-0022
Listed By:
Thomas Zernia · License #5745190
(262) 689-0022
Added: May 5
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
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.
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.5k | $16.20 |
| − Vacancy | −$2.8k | −$1.05 |
| EGI | $39.7k | $15.15 |
| − OpEx | −$11.9k | −$4.54 |
| NOI | $27.8k | $10.60 |
2,623 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$397.3K
$347.6K – $463.5K
NOI $27,811 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$356.4K
$311.9K – $415.9K
NOI $24,951 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$721.1K
$631.0K – $841.3K
NOI $50,477 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex for sale featuring three separate tax keys on a 0.54-acre lot in West Bend, WI.
Where is this triplex 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 $475,000.
What are key features of this property?
This property features: Year built: 1900; Three separate tax keys; Across the street from Regner Park
