1937 W Greenfield Ave Milwaukee, WI 53204
COMMERCIAL - Milwaukee, WI
- Added:
- Jul 6, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 12 at 10:06 pm
Property Features for 1937 W Greenfield Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Multi Family
- Standard status
- Active
- APN
- 4600404000
- Size
- 2,385 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3102
Building Details
- Year built
- 1910
- Architectural style
- Other
Listing agent Rahena Rahman License #96406-94 (773) 943-1758
Listing office EXP Realty, LLC~MKE 342 N Water St, Middleton, WI (866) 848-6990
Listing date Jul 6, 2026
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.
The property is located at 1937 W Greenfield Ave in Milwaukee, WI 53204, and it is described as having street visibility. The listing also notes convenient access to major roads and local amenities. Zoning is designated as Multi Family, which should be reviewed in connection with any intended commercial or residential use.
For tenants, this type of setup can be useful when a storefront-facing presence is desired alongside residential units. For buyers, the multi-use configuration may allow flexibility in how the property is operated, subject to confirmation of permitted uses and any underwriting assumptions. Prospective purchasers and brokers should conduct their own due diligence regarding zoning compliance, room sizes, and the specific layout/functionality of both the commercial and residential portions.
Key Highlights
- Built in 1910
- Mixed‑use property with commercial space plus additional residential income potential
- Designed for both investor use and owner‑occupant scenarios, with business space and rental income
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.9k | $22.20 |
| − Vacancy | −$6.4k | −$2.66 |
| EGI | $46.6k | $19.54 |
| − OpEx | −$17.5k | −$7.33 |
| NOI | $29.1k | $12.21 |
