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Listed by Carsten Schwab • Welcome Home Real Estate Group, LLC
$ 1,299,900
Est. payment | /mo
0.34 Acres Lot
$ 1,299,900
Est. payment | /mo
0.34 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1975665
Year Built 1920
Annual Tax Amount $18,638
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Description
Milwaukee County investment opportunity featuring two adjacent multifamily buildings being sold together as one package. Total of 15 rental units consisting of 2-bed, 1-bed, and studio units. One building offers 11 units and other building offers 4 units: . Includes 13 surface parking spaces plus 2-car detached garage. Recent capital improvements include new roofs on both buildings, select new siding, and numerous unit updates completed over the past several years, helping minimize future maintenance costs. Strong rental history, a healthy mix of long-term tenants and newer leases, consistent cash flow, and significant upside through continued rent growth. This is an outstanding opportunity for investors seeking both stability and value-add potential.
Location
State WI
County Milwaukee
Zoning R-B/C-3
Rooms
Basement Block, Brick, Full, Laundry Facilities
Interior
Heating Indiv. Heating Units, Natural Gas
Cooling Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Brick, Vinyl, Wood
Parking Features Indoor Space, Near Public Transit, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
Middle Schools South Milwaukee
High Schools South Milwaukee
School District South Milwaukee
Others
Special Listing Condition 1031 Exchange
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