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Three-Unit Leased Triplex
For Sale
$219,900

516 N 28th St, Milwaukee, WI 53208

Triplex with all three residences leased at the time of listing.

Property Size2,720 SF
Price / SF$80.85
Days on Market13

Property Features for 516 N 28th St

General Information

Standard status Active
Size 2,720 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1885
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: William Loos · License #8966694
Source: Levelupwi
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 29 at 12:35PM

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 Berkshire Hathaway HomeServices Metro Realty

Investment Insights

Based on property information with market context.

This three-unit residential property is located at 516 N 28th St in Milwaukee, Wisconsin. Constructed in 1885, the building offers a triplex configuration with all three units currently leased.

The property size is listed as 2,720, providing a compact multifamily format at an established Milwaukee address.

Key Highlights

  • All three units are currently leased
  • Three‑unit triplex configuration
  • Constructed in 1885

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm Building Supply Garden Center 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.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

934
Businesses Nearby

Demographics for 53208, WI

29,644
Population
13,778
Households
2.2
Avg Household Size
33
Median Age
31%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
7,058
Density / Sq Mi
$50,585
Median Household Income
$40,729
Median Earnings
$924
Median Rent
$196,300
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?
Triplex - Triplex with all three residences leased at the time of listing.
Where is this triplex located?
The property is located at 516 N 28th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: All three units are currently leased; Three‑unit triplex configuration; Constructed in 1885
More about this property
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