2929 Wisconsin StMilwaukee, WI 53208

For Sale
$6,200,000

High-yield, 77-unit multifamily investment.

Overview

Added:
Feb 3
Days on market:
38
This exceptional multifamily investment opportunity comprises four brick buildings totaling 41,706 square feet on a 0.8-acre lot in Milwaukee's Near West Side neighborhood. The portfolio boasts 77 units, including studios, one-bedroom, and two-bedroom apartments, offering immediate cash flow and significant value-add potential. The buildings are strategically located within a half-mile radius, ensuring efficient management and operational synergy. Historical occupancy data reveals remarkably stable performance with minimal vacancy, currently sitting at a low 1.87%. The portfolio's strong performance is further underscored by its consistent rental income. This presents a rare chance to acquire a substantial multifamily asset in a thriving Milwaukee neighborhood. Detailed unit breakdowns include: 2848 W Wells St (33 units – 9 studios, 24 one-bedrooms)

Property Details for 2929 Wisconsin St

Property type
Other commercial real estate
Square Feet
41,706 SF
Year Built
1974
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Milwaukee
County
MILWAUKEE
State
Wisconsin
Latitude
43.03836
Longitude
-87.95127
2929 Wisconsin St, Milwaukee, Wisconsin

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2929 Wisconsin St
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