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Updated 12-Unit Apartment Building
New
For Sale
$1,050,000

3313 W Wells St #3319, Milwaukee, WI 53208

Well-maintained multifamily property with varied apartment layouts, off-street parking, basement laundry, and building system updates.

Property SizeContact for details
Days on Market2

Property Features for 3313 W Wells St #3319

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multi-Family

Units

Unit Mix 6 x 1BR, 3 x 1BR with dining room, 3 x 2BR with dining room
Multifamily Units 12

Amenities

basement coin laundry

Building Details

Year Built 1923
Buildings 1
Listing Agency: Streamline Commercial Real Estate, LLC
Listed By: Brian Gingrass · License #27088
Source: Milwaukeeforeverhome
Added: Sep 2 Last Checked: Sep 2 at 2:13PM

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 Streamline Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This 12-unit apartment building, constructed in 1923, includes six one-bedroom apartments, three one-bedroom units with dining rooms, and three two-bedroom units with dining rooms. Several units have been updated, while the property also includes basement coin-operated laundry and eight off-street parking spaces.

Building improvements include updated electrical service, a high-efficiency boiler, and a roof replaced in 2016. The property has been held by the same owner for nearly 25 years. Tenant access is subject to advance permission.

Key Highlights

  • 12‑unit apartment building built in 1923
  • Unit mix includes six 1‑bedrooms, three 1‑bedrooms with dining rooms, and three 2‑bedrooms with dining rooms
  • Updated units, electrical system, and high‑efficiency boiler

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair Accounting Firm

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

894
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily property with varied apartment layouts, off-street parking, basement laundry, and building system updates.
Where is this apartment building located?
The property is located at 3313 W Wells St #3319 Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 12‑unit apartment building built in 1923; Unit mix includes six 1‑bedrooms, three 1‑bedrooms with dining rooms, and three 2‑bedrooms with dining rooms; Updated units, electrical system, and high‑efficiency boiler
More about this property
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