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Historic Mixed-Use Building
For Sale
$550,000

1976 N Farwell Ave, Milwaukee, WI 53202

Milwaukee, WI

Property SizeContact for details
Lot Size0.05 Acres
Days on Market35

Property Features for 1976 N Farwell Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Elementary school district Milwaukee
Middle school district Milwaukee
High school district Milwaukee
Directions From N. Lake Dr, Turn right onto E. Bradford Ave, Turn left onto N Farwell Ave, Destination is on the left corner of E. Lafayette Pl & N. Farwell Ave
Standard status Active
APN 3551234000
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8332

Building Details

Year built 1890
Listing Agency: Keller Williams Realty-Milwaukee North Shore
Listed By: HIGHMARK RE Group* · License #57868-90
Added: Jul 31 Changed: Aug 24 Last Checked: Sep 3 at 2:06PM
MLS# 1974047

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.

Constructed in 1890, this mixed-use property combines a commercial storefront with two residential apartments. The units include a 1 BR/1 BA apartment and a 3 BR/2 BA apartment, providing distinct residential configurations within the building. The property occupies a 0.05-acre parcel and is identified with RES zoning.

Located at 1976 N Farwell Ave in Milwaukee, the building sits at the Lafayette Place and Farwell Avenue corner. The surrounding East Side setting includes restaurants, nightlife, and local businesses, with the property positioned in a walkable neighborhood context.

Key Highlights

  • Mixed‑use building constructed in 1890
  • Commercial storefront with two residential apartments
  • Apartment mix includes 1 BR/1 BA and 3 BR/2 BA units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Electrical Service Big Box & Wholesale Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

2,416
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial frontage is paired with two apartments, creating a combined retail and residential configuration.
Where is this mixed-use property located?
The property is located at 1976 N Farwell Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Mixed‑use building constructed in 1890; Commercial storefront with two residential apartments; Apartment mix includes 1 BR/1 BA and 3 BR/2 BA units
More about this property
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