Search
Brick Quadplex with Walk-Out Basement
New
For Sale
$639,900

1536 David Ln, Waukesha, WI 53189

Waukesha, WI

Property SizeContact for details
Lot Size0.30 Acres
Days on Market2

Property Features for 1536 David Ln

General Information

Property type Residential Multi Family
Property subtype Other
Zoning commercial
Elementary school district Waukesha
Middle school district Waukesha
High school district Waukesha
Directions see GPS
Standard status Active
APN 2911358066
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7082

Amenities

private locking storage units
shed
walk-out basement

Building Details

Year built 1976
Listing Agency: Homestead Realty, Inc
Listed By: Michelle Hintz · License #94055-94
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 5:06PM
MLS# 1978751

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1976, this brick quadplex contains four two-bedroom, one-bath residences, all currently occupied under month-to-month arrangements. Each unit includes a private locking storage area, while the walk-out basement has a finished speckled floor. An exterior shed provides additional storage for outdoor items.

The property includes 8+ parking spaces and is within walking distance of a park and shopping. Restaurants and everyday amenities are located nearby, and the property is within the Waukesha School District. Commercial zoning is also identified for the site.

Key Highlights

  • Four occupied units, each with 2 bedrooms and 1 bath
  • Month‑to‑month occupancy with tenants who want to remain
  • Brick property built in 1976

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Bakery Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 53189, WI

26,846
Population
10,443
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
47.8 sq mi
ZIP Area
562
Density / Sq Mi
$114,555
Median Household Income
$58,501
Median Earnings
$1,206
Median Rent
$372,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied two-bedroom residences with tenant storage, outdoor parking, and month-to-month leases.
Where is this quadplex located?
The property is located at 1536 David Ln Waukesha, WI.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Four occupied units, each with 2 bedrooms and 1 bath; Month‑to‑month occupancy with tenants who want to remain; Brick property built in 1976
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message