New Construction Townhouse-Style
For Sale
$1,499,999
N52w6300 Mill St, Cedarburg, WI 53012
Two distinct residences include four-bedroom and three-bedroom layouts with varied full- and half-bath configurations.
Property Size6,000 SF
Price / SF$249
Days on Market80
Property Features for N52w6300 Mill St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Multi-Family
Building Details
Year Built
2022
Listing Agency:
Powers Realty Group
Listed By:
Suzanne Powers Realty Group* · License #5538090
(414) 963-0000
Source:
Nikolicgroup
Added: Jul 30
Changed: Oct 11
Last Checked: Oct 7 at 1:34PM
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 Powers Realty Group
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Investment Insights
Based on property information with market context.
Completed in 2022, this duplex contains two townhouse-style residences within a 6,000-square-foot property. The larger unit offers four bedrooms, two full bathrooms, and two half bathrooms. The second residence provides three bedrooms, three full bathrooms, and one half bathroom. Architectural details include a cupola and shiplap accents.
One residence is occupied by a tenant, while the other may suit an owner-occupant. The property is located in Cedarburg near shops, restaurants, schools, and parks, with those destinations accessible on foot.
One residence is occupied by a tenant, while the other may suit an owner-occupant. The property is located in Cedarburg near shops, restaurants, schools, and parks, with those destinations accessible on foot.
Key Highlights
- Two townhouse‑style units in a duplex configuration
- Built in 2022 with 6,000 square feet of property size
- Unit mix includes four bedrooms and three bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,767
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,340
$1.3M
Cap Rate 7%
$925,243
$925.2K
Cap Rate 9%
$719,633
$719.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$97.9K $16.32/SF
− Vacancy
−$5.4K −$0.90/SF
EGI
$92.5K $15.42/SF
− OpEx
−$27.8K −$4.63/SF
NOI
$64.8K $10.79/SF
Area
Ozaukee County, WI
Vacancy
5.51%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,340
Cap Rate 7%
$925,243
Cap Rate 9%
$719,633
Alternative Uses
Best Use
Multifamily LT 5
$925.2K
$809.6K – $1.08M
NOI $64,767 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$852.6K
$746.1K – $994.8K
NOI $59,685 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,957 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 53012, WI
19,027
Population
8,073
Households
2.4
Avg Household Size
45
Median Age
53%
College-Educated
98%
High-School Grad
33.9 sq mi
ZIP Area
561
Density / Sq Mi
$98,094
Median Household Income
$53,434
Median Earnings
$1,059
Median Rent
$390,600
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 - Two distinct residences include four-bedroom and three-bedroom layouts with varied full- and half-bath configurations.
Where is this duplex located?
The property is located at N52w6300 Mill St Cedarburg, WI.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Two townhouse‑style units in a duplex configuration; Built in 2022 with 6,000 square feet of property size; Unit mix includes four bedrooms and three bedrooms
