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Four-Unit Quadplex
New
For Sale
$300,000

2232 S Allis St, Milwaukee, WI 53207

Milwaukee, WI

Property SizeContact for details
Lot Size0.13 Acres
Days on Market3

Property Features for 2232 S Allis St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RT4
Elementary school district Milwaukee
Middle school district Milwaukee
High school district Milwaukee
Directions GPS
Standard status Active
APN 4661254000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9446

Building Details

Year built 1880
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: Segal Goldman Realty Group* · License #7654594
Added: Sep 4 Last Checked: Sep 6 at 6:06AM
MLS# 1979260

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.

This four-unit residential property was built in 1880 and is configured with three two-bedroom, one-bath apartments plus one one-bedroom, one-bath apartment. The building requires a complete rehabilitation, providing a clear renovation scope for an owner or investor evaluating the asset.

The property sits on a 0.13-acre lot at 2232 S Allis St in Milwaukee’s 53207 postal area. It is located approximately half a block from KK and carries RT4 zoning. The four-apartment layout and defined unit mix provide a straightforward basis for assessing the property’s residential income configuration.

Key Highlights

  • Four‑unit residential building built in 1880
  • Unit mix includes three 2BR/1BA apartments and one 1BR/1BA apartment
  • Complete rehabilitation required

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

961
Businesses Nearby

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
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?
Quadplex - Residential income property requiring complete rehabilitation, with one- and two-bedroom apartments in the unit mix.
Where is this quadplex located?
The property is located at 2232 S Allis St Milwaukee, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four‑unit residential building built in 1880; Unit mix includes three 2BR/1BA apartments and one 1BR/1BA apartment; Complete rehabilitation required
More about this property
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