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Residential Land with Two Homes
For Sale
$1,200,000

10049 W Loomis Rd, Franklin, WI 53132

Franklin, WI

Property SizeContact for details
Lot Size4.12 Acres
Days on Market463

Property Features for 10049 W Loomis Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res/B-3
Middle school Forest Park
High school Franklin
Elementary school district Franklin Public
Middle school district Franklin Public
High school district Franklin Public
Directions W Loomis Rd near intersection of Hwy 100 (Lovers Lane) and Hwy 36. Between Walgreens and All Good Auto.
Standard status Active
APN 84199998000
Lot size 4.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2704

Building Details

Year built 1952
Listing Agency: NextKey Realty Group, LLC
Listed By: Carrie Lemke · License #5319890
Added: May 15, 2025 Changed: Aug 19 Last Checked: Aug 20 at 6:06PM
MLS# 1918445

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 consists of two residential homes, each offering 3 bedrooms and 1 full bath, with detached 2-car garages. The homes are being sold in as-is condition. The parcel package includes 5 parcels with 5 separate tax IDs, totaling 4.12 acres. Per the public remarks, the sale also references tenant rights.

The site is located in Franklin, Wisconsin, at 10049 W Loomis Rd (Milwaukee County, ZIP 53132). It is described as being in Franklin’s Business District and is zoned Res/B-3, which the listing notes may support future development.

This offering can fit buyers looking for a small residential income asset while planning for potential redevelopment under the B-3 zoning designation. The detached garage count and the presence of two separate homes may also appeal to occupants and operators seeking straightforward, self-contained residential layouts. As it is sold as-is and tenant rights are referenced, buyers should plan for due diligence related to occupancy and condition at closing.

Key Highlights

  • Two residential homes with 3BR/1BA each, built in 1952
  • Both homes include detached 2‑car garages
  • 4+ acres total with 5 parcels (5 tax IDs)

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 53132, WI

36,166
Population
14,073
Households
2.6
Avg Household Size
44
Median Age
46%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
1,042
Density / Sq Mi
$110,656
Median Household Income
$64,194
Median Earnings
$1,380
Median Rent
$345,600
Median Home Value
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?
Single family property - Two 3BR/1BA residences on 4+ acres, sold as-is, with B-3 zoning for future development planning.
Where is this single family property located?
The property is located at 10049 W Loomis Rd Franklin, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two residential homes with 3BR/1BA each, built in 1952; Both homes include detached 2‑car garages; 4+ acres total with 5 parcels (5 tax IDs)
More about this property
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