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Side-by-Side Duplex
For Sale
$412,500

9105 W Howard Ave, Greenfield, WI 53228

Two-unit residential property with open-concept living areas and newer carpet in Greenfield.

Property Size2,818 SF
Price / SF$146.38
Days on Market51

Property Features for 9105 W Howard Ave

General Information

Standard status Active
Size 2,818 SF
Property subtype Multi-Family

Building Details

Year Built 1977
Listing Agency: Coldwell Banker Realty
Listed By: Keith Cornehls
Source: Nikolicgroup
Added: Aug 16 Changed: Sep 11 Last Checked: Oct 4 at 1:06PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This side-by-side duplex offers 2,818 square feet across two residential units. The property was built in 1977 and includes open-concept living areas with newer carpet, providing a defined starting point for future updates and personalization.

Located in Greenfield, the property is near restaurants and the freeway. The address is 9105 W Howard Ave, Greenfield, WI.

Key Highlights

  • Side‑by‑side duplex configuration
  • 2,818 square feet of property size
  • Built in 1977

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,199
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,980 $604.0K
Cap Rate 7%
$431,414 $431.4K
Cap Rate 9%
$335,544 $335.5K
Market Conditions
NOI Build-Up for 2,818 SF
Gross rent
$45.7K $16.20/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$43.1K $15.31/SF
− OpEx
−$12.9K −$4.59/SF
NOI
$30.2K $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%
$603,980
Cap Rate 7%
$431,414
Cap Rate 9%
$335,544

Alternative Uses

Best Use
Multifamily LT 5
$431.4K
$377.5K – $503.3K (±1% cap)
NOI $30,199 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$385.4K
$337.2K – $449.6K (±1% cap)
NOI $26,976 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$668.3K
$584.7K – $779.6K (±1% cap)
NOI $46,778 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Auto Repair Shop Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 53228, WI

15,341
Population
7,180
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
2,950
Density / Sq Mi
$75,288
Median Household Income
$54,006
Median Earnings
$1,220
Median Rent
$254,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with open-concept living areas and newer carpet in Greenfield.
Where is this duplex located?
The property is located at 9105 W Howard Ave Greenfield, WI.
What is the asking price?
The asking price for this property is $412,500.
What are key features of this property?
This property features: Side‑by‑side duplex configuration; 2,818 square feet of property size; Built in 1977
More about this property
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