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Triplex with Full Basement
New
For Sale
$324,900

1324 Marquette Ave, South Milwaukee, WI 53172

South Milwaukee, WI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market4

Property Features for 1324 Marquette Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Middle school South Milwaukee
High school South Milwaukee
Elementary school district South Milwaukee
Middle school district South Milwaukee
High school district South Milwaukee
Standard status Active
APN 7700457000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3992

Building Details

Year built 1900
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Daniel Kallas
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 3 at 8:06AM
MLS# 1978807

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 3-unit multifamily property contains two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each apartment includes a living room and kitchen, while individual natural gas heating allows utilities to remain separated by unit. A full block basement provides storage and mechanical space.

The property occupies a 0.18-acre lot and includes 2 inside parking spaces plus 2 outdoor spaces. Municipal water and sewer serve the building, which is currently occupied with in-place rents. Built in 1900, the property is located within the South Milwaukee School District and near shopping, dining, and major commuter routes. RES zoning supports its residential multifamily configuration.

Key Highlights

  • Three‑unit layout with two 2‑bedroom units and one 1‑bedroom unit
  • Each apartment includes 1 bath, a living room, and a kitchen
  • Individual natural gas heating separates utility service by unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 53172, WI

20,795
Population
9,150
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
4,332
Density / Sq Mi
$70,146
Median Household Income
$42,958
Median Earnings
$1,014
Median Rent
$216,400
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 - Occupied three-unit property with separate natural gas heating and municipal water and sewer.
Where is this triplex located?
The property is located at 1324 Marquette Ave South Milwaukee, WI.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Three‑unit layout with two 2‑bedroom units and one 1‑bedroom unit; Each apartment includes 1 bath, a living room, and a kitchen; Individual natural gas heating separates utility service by unit
More about this property
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