5009 N 38th #5009A
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About this property
Turnkey investment opportunity! This fully renovated 3/2 duplex or 2/2 with additional in-law suite offers the perfect combination of modern updates, strong rental income, and long-term value. Situated on a spacious double lot, the property features open concept, updated kitchens with granite countertops, vinyl plank flooring, generously sized walk-in closets, and beautifully rebuilt front porches. Enjoy ample off-street parking with a 2-car garage plus two additional parking spaces. Fully rented this is an excellent opportunity for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage with rental income. Whether you're expanding your portfolio or purchasing your first multifamily property, this move-in-ready asset checks all the boxes.
Unit breakdown
| Unit | Rooms | Bedrooms | Full baths | Half baths |
|---|---|---|---|---|
| Unit 1 (1,000 sq ft) | 5 | 3 | 2 | 0 |
| Unit 2 | 4 | 2 | 1 | 0 |
Property facts
| Property type | Duplex |
|---|---|
| Status | Active |
| MLS # | 1967473 |
| County | Milwaukee |
| Bathrooms | 3 full |
| Approx. sq. ft. | 1,908 |
| Exterior | Vinyl |
| Basement | Full,Walk Out/Outer Door,Block,Full Bath |
| Garage spaces | 2 |
| Tenant pays | Electricity,Sewer,Water,Gas |
| Included | 2 stoves, 2 dishwashers, 1 dryer, camera system (4 cameras) |
| School district | Milwaukee |
| Lot size | 0.18 acres |
| Property taxes | $1,810 (2025) |
Location
Directions: 38th St is a one way street south. Enter 38th from Lancaster.
Listing courtesy of RE/MAX Forward. Copyright 2026 Metro MLS. All rights reserved. Information is supplied by sellers and other third parties and has not been verified. Income and expense figures are as reported by the listing broker; verify leases, rents and expenses before relying on them. IDX information is provided exclusively for consumers’ personal, non-commercial use.