See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Travis Hamele
travishamelebroker@chime.me$320,000
Est. payment /mo
4,192 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $76
MLS Listing ID 1932314
Year Built 1916
Annual Tax Amount $2,645
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
4-unit income property in central Milwaukee! This updated multifamily generates $46,440 annual income (fully rented) with only $10,000 in expenses, producing an NOI of $36,440 and a pro-forma cap rate around 11.4. Three units are leased, and one is vacant, perfect for an owner-occupant or can be rented at top market rate. Each unit features modern kitchens, updated baths, new flooring, and upgraded mechanicals. Separate utilities, newer roof, off-street parking, and attic expansion potential. Minutes from Marquette and downtown, in a strong rental area seeing steady revitalization. Excellent opportunity for investors or house-hackers seeking cash flow and appreciation.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Block, Full
Interior
Inclusions 4 oven/ranges, 4 refrigerators
Exterior
Exterior Feature Vinyl, Wood
Parking Features None, 4 Car
Garage Spaces 4.0
Utilities Available 2 Gas Meters
Building
Dwelling Type 2 Houses on One Lot,2 Story,Duplex
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
Read Less Info
Copyright 2025 WIREX - All Rights Reserved
Listed by Kendrix Realtors
Get More Information
Travis Hamele