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Renovated Multifamily Apartment Portfolio
For Sale
$3,200,000

2634 N Stowell Ave, Milwaukee, WI 53211

Two renovated multifamily communities totaling 14 units, with on-site laundry and tenant-paid electric utilities.

Property SizeContact for details
Days on Market87

Property Features for 2634 N Stowell Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 3.81%
Multifamily Units 14

Amenities

decks
on-site laundry
Completely Renovated Units with High-End Interior Finishes
14 Total Units Across Two Milwaukee Eastside Properties
Tenants Pay Electric | Landlord Pays Heat & Water

Building Details

Units 14
Tenancy Multi
Listing Agency: Milwaukee Office
Listed By: Dan Bowar · License #License(s): WI: 97683-94
Source: Marcusmillichap
Added: Jun 5 Changed: Aug 27 Last Checked: Aug 29 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Milwaukee Office

Investment Insights

Based on property information with market context.

Marcus & Millichap presents a renovated multifamily apartment portfolio comprised of two apartment communities totaling 14 units. The properties have undergone extensive interior renovations, including refinished hardwood floors, updated cabinetry, quartz countertops, porcelain tile, contemporary lighting packages, GE appliances, and newly constructed decks.

On-site washer and dryer facilities are provided within each building for added tenant convenience. The portfolio also features a streamlined utility structure: tenants are responsible for electric utilities, while ownership covers heat and water.

The offering includes 2905 N Bartlett Avenue and 2634 N Farwell Avenue and is positioned in walkable, high-demand areas on Milwaukee’s Eastside near the University of Wisconsin-Milwaukee and Lake Michigan, with access to local dining and retail corridors.

Key Highlights

  • Two renovated multifamily communities in Milwaukee’s Eastside totaling 14 units: 2905 N Bartlett Avenue and 2634 N Farwell Avenue
  • Extensive interior renovations include refinished hardwood floors, updated cabinetry, quartz countertops, porcelain tile, and contemporary lighting
  • Kitchens feature GE appliances, plus newly constructed decks to enhance outdoor space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Dental Office Food Market Electrical Service

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

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 53211, WI

36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
9,082
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two renovated multifamily communities totaling 14 units, with on-site laundry and tenant-paid electric utilities.
Where is this apartment building located?
The property is located at 2634 N Stowell Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two renovated multifamily communities in Milwaukee’s Eastside totaling 14 units: 2905 N Bartlett Avenue and 2634 N Farwell Avenue; Extensive interior renovations include refinished hardwood floors, updated cabinetry, quartz countertops, porcelain tile, and contemporary lighting; Kitchens feature GE appliances, plus newly constructed decks to enhance outdoor space
More about this property
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