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Remodeled Multifamily Property
For Sale
Contact for pricing
Pending

2221 W Wells St, Milwaukee, WI 53233

Three-building package with updated major components and appliances, currently rented for student housing.

Property SizeContact for details
Days on Market145

Property Features for 2221 W Wells St

General Information

Standard status Pending
Property subtype Office

Amenities

appliances

Building Details

Buildings 3
Listing Agency: Dream Realty LLC
Listed By: Katie O'Keefe · License #WI
Source: Crexi
Added: Apr 12 Changed: Sep 1 Last Checked: Sep 1 at 2:31AM

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 Dream Realty LLC

Investment Insights

Based on property information with market context.

This multifamily package includes properties at 2217, 2221, and 2227 W Wells St. The buildings are being offered together and are currently rented for student housing. Included improvements span siding, roofing, furnaces, glass block windows, and appliances, providing a broad range of recent property updates.

The properties are located near downtown Milwaukee and Marquette. The offering also includes the three Wells Street addresses as a single package, giving buyers one coordinated acquisition rather than separate building purchases.

Key Highlights

  • Three‑address multifamily package at 2217, 2221, and 2227 W Wells St
  • Currently rented for student housing
  • Buildings have new siding, roofs, furnaces, and glass block windows

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Accounting Firm Garden Center Carpet & Flooring Store HVAC 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.

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby

Demographics for 53233, WI

15,531
Population
5,531
Households
2.8
Avg Household Size
25
Median Age
17%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
8,628
Density / Sq Mi
$20,306
Median Household Income
$10,060
Median Earnings
$846
Median Rent
$132,900
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?
Multifamily property - Three-building package with updated major components and appliances, currently rented for student housing.
Where is this multifamily property located?
The property is located at 2221 W Wells St Milwaukee, WI.
What are key features of this property?
This property features: Three‑address multifamily package at 2217, 2221, and 2227 W Wells St; Currently rented for student housing; Buildings have new siding, roofs, furnaces, and glass block windows
More about this property
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