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3-Unit Triplex with Basement
For Sale
$319,900

1324 Marquette Ave, South Milwaukee, WI 53172

South Milwaukee, WI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market51

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: Oct 13 Last Checked: Oct 20 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.

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Investment Insights

Based on property information with market context.

This residential triplex contains three apartments: two with two bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. Each apartment has a living room and kitchen. Individual natural gas heating serves the units. A full block basement provides storage and mechanical space; the property also has an updated electrical system and a newer roof.

The 0.18-acre property is in South Milwaukee and is served by municipal water and sewer. Parking includes two indoor spaces and two outdoor spaces. The apartments are occupied, with rents in place. Shopping, dining, and commuter routes are nearby, and the property is within the South Milwaukee School District.

Key Highlights

  • Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Each apartment includes a living room and kitchen, with individual natural gas heating
  • Full block basement provides storage and mechanical space

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate natural gas heating serves each apartment, with municipal water and sewer at the property.
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 $319,900.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Each apartment includes a living room and kitchen, with individual natural gas heating; Full block basement provides storage and mechanical space
More about this property
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