Immaculate Duplex with Separate
8813 West Hawthorne Avenue Unit 8811 Wauwatosa, WI 53226
8813 West Hawthorne Avenue Unit 8811, Wauwatosa, WI, 53226
$438,000
For Sale
$438,000
Well-maintained duplex offering two identical 2-bedroom units with eat-in kitchens, dining/living areas, and separate mechanicals.
Property Size1,950 SF
Price / SF$224.62
Days on Market66
Property Features for 8813 West Hawthorne Avenue Unit 8811
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Two-Family / Two Family
Building Details
- Year Built
- 1951
Listing agency
Keller Williams-MNS Wauwatosa
(414) 550-6426
Listed by
Todd Weickardt · License #52672-90
(414) 550-6426
Source
Compass
Added: May 19 Updated: Jul 21 at 9:03PM Checked: Jul 22 at 8:29AM
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.
This impeccably kept duplex features two identical, spacious layouts. Each unit includes two bedrooms, a full bathroom, a bright eat-in kitchen, and a dining area open to the living room. Interior highlights include gleaming hardwood floors and vintage kitchen details, and the property is described as clean and meticulously maintained. Appliances are included along with two washers/dryers. Separate mechanicals and utilities support independent operations for each side of the duplex.
The property is located in Wauwatosa’s Ravenswood neighborhood, with proximity to Wisconsin Lutheran College, Milwaukee Regional Medical Center, Honey Creek Parkway, and Stone Creek Coffee. The listing also notes quick access to the freeway, along with nearby parks and the Zoo.
The upper unit is currently occupied by a long-term tenant, providing established in-place rental continuity alongside the option for an owner-occupant scenario.
The property is located in Wauwatosa’s Ravenswood neighborhood, with proximity to Wisconsin Lutheran College, Milwaukee Regional Medical Center, Honey Creek Parkway, and Stone Creek Coffee. The listing also notes quick access to the freeway, along with nearby parks and the Zoo.
The upper unit is currently occupied by a long-term tenant, providing established in-place rental continuity alongside the option for an owner-occupant scenario.
Key Highlights
- Duplex built in 1951 with an estimated 1,950 SF total living area
- Two identical units, each with 2 bedrooms and 1 full bathroom
- Each unit includes a bright eat‑in kitchen with a dining area open to the living room
Local 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 | $31.6k | $16.20 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $29.9k | $15.31 |
| − OpEx | −$9.0k | −$4.59 |
| NOI | $20.9k | $10.72 |
1,950 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.5K
$261.2K – $348.3K
NOI $20,897 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$266.7K
$233.3K – $311.1K
NOI $18,667 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,369 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex offering two identical 2-bedroom units with eat-in kitchens, dining/living areas, and separate mechanicals.
Where is this duplex located?
The property is located at 8813 West Hawthorne Avenue Unit 8811 Wauwatosa, WI.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Duplex built in 1951 with an estimated 1,950 SF total living area; Two identical units, each with 2 bedrooms and 1 full bathroom; Each unit includes a bright eat‑in kitchen with a dining area open to the living room
