Duplex with Detached
For Sale
Contact for pricing
9711 W Beloit Rd, Milwaukee, WI 53227
Both apartments have separate utility meters, heating equipment, water heaters, and laundry hookups.
Property Size1,626 SF
Lot Size0.37 Acres
Days on Market8
Property Features for 9711 W Beloit Rd
General Information
Standard status
Active
Size
1,626 SF
Lot size
0.37 Acres
Property subtype
Two Family Home
Zoning
RM1
Site & Location
Neighborhood
West View
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,540
Building Details
Year Built
1919
Buildings
1
Units
2
Listing Agency:
Villa Realty
(414) 588-4420
Listed By:
Jackson Villarreal
(262) 339-5696
Source:
Birchwoodpropertiesllc
Added: Oct 16
Changed: Oct 22
Last Checked: Oct 22 at 2:25PM
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 Villa Realty
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Investment Insights
Based on property information with market context.
Built in 1919, this Milwaukee duplex contains 1,626 square feet across two apartments on a 0.369-acre parcel. The lower residence has two bedrooms, one bathroom, hardwood floors, built-ins, original woodwork, and a sunroom. Upstairs are one bedroom, one bathroom, and an office. Separate gas and electric meters, furnaces, water heaters, and laundry hookups serve each unit.
Two detached garages are on the property, including an approximately 2,000-square-foot garage with its own electric meter. Gravel parking provides additional on-site space. The property is zoned RM1.
Two detached garages are on the property, including an approximately 2,000-square-foot garage with its own electric meter. Gravel parking provides additional on-site space. The property is zoned RM1.
Key Highlights
- 1,626‑square‑foot duplex built in 1919
- 0.369‑acre parcel in Milwaukee, zoned RM1
- Lower unit has 2 bedrooms, 1 bath, hardwood floors, built‑ins, original woodwork, and a sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,144
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,880
$302.9K
Cap Rate 7%
$216,343
$216.3K
Cap Rate 9%
$168,267
$168.3K
Market Conditions
NOI Build-Up for 1,626 SF
Gross rent
$28.7K $17.64/SF
− Vacancy
−$1.1K −$0.71/SF
EGI
$27.5K $16.93/SF
− OpEx
−$12.4K −$7.62/SF
NOI
$15.1K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,880
Cap Rate 7%
$216,343
Cap Rate 9%
$168,267
Alternative Uses
Best Use
Multifamily LT 5
$233.7K
$204.5K – $272.6K
NOI $16,356 @ 7.0% cap · market cap 1,635,600.00%
Second Best
Apartment 5plus
$216.3K
$189.3K – $252.4K
NOI $15,144 @ 7.0% cap · market cap 1,514,400.00%
Theoretical Best
Office A
$390.7K
$341.9K – $455.9K
NOI $27,352 @ 7.0% cap · market cap 2,735,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
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Business Placement
Demographics for 53227, WI
23,310
Population
11,519
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,571
Density / Sq Mi
$71,594
Median Household Income
$46,886
Median Earnings
$1,057
Median Rent
$214,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have separate utility meters, heating equipment, water heaters, and laundry hookups.
Where is this duplex located?
The property is located at 9711 W Beloit Rd Milwaukee, WI.
What are key features of this property?
This property features: 1,626‑square‑foot duplex built in 1919; 0.369‑acre parcel in Milwaukee, zoned RM1; Lower unit has 2 bedrooms, 1 bath, hardwood floors, built‑ins, original woodwork, and a sunroom
