Building Details

Year Built 1923

Listing Agency: RE/MAX Lakeside-North

Listed By: Mark Kivley · License #5100990 Show Phone

Source: Jwregwi

Added: Sep 19 Changed: Sep 26 Last Checked: Sep 26 at 9:22AM

Report an Issue

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 RE/MAX Lakeside-North

Investment Insights

Based on property information with market context.

Built in 1923, this multifamily property is being offered in as-is condition following fire damage. The building currently has no utilities in service, and interior access should be conducted carefully.

Rehabilitation will require obtaining a permit from the City of Milwaukee. The property is located at 3223 N 16th St in Milwaukee, Wisconsin.

Key Highlights

• Fire‑damaged multifamily property offered as‑is
• Constructed in 1923
• Rehabilitation permit required from the City of Milwaukee

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply 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

424

Businesses Nearby

Explore this area Business Placement

Demographics for 53206, WI

22,816

Population

10,077

Households

2.3

Avg Household Size

32

Median Age

7%

College-Educated

82%

High-School Grad

2.7 sq mi

ZIP Area

8,450

Density / Sq Mi

$28,995

Median Household Income

$25,655

Median Earnings

$998

Median Rent

$70,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Office Building with Private Offices

6251 W Forest Home Ave, Milwaukee, WI 53220

$1,450,000

11,430 SF

View details

Two-Story Office Building

4117 N Green Bay Ave, Milwaukee, WI 53209

$334,900

6,767 SF

View details

Flex Building with Drive-In Door

12602 W Hampton Ave, Milwaukee, WI 53007

$439,000

5,000 SF

View details

Mixed-Use Building with Lower Level

4427 W Fond du lac Ave, Milwaukee, WI 53216

$239,000

6,950 SF

View details

Mixed-Use Campus with Multiple Buildings

4700 N 39th St, Milwaukee, WI 53209

$1,450,000

119,000 SF

View details

Mixed-Use Building with Restaurant

8301 W Silver Spring Dr, Milwaukee, WI 53218

$735,000

6,114 SF

View details

Flex Building with Classrooms

7901 N 66th St, Milwaukee, WI 53223

$1,500,000

11,367 SF

View details

Multi-Unit Brick Warehouse

2600 W Fond Du Lac Ave, Milwaukee, WI 53206

$675,000

9,550 SF

View details

Two-Story Flex Building

2504 W Mitchell St, Milwaukee, WI 53204

$350,000

4,500 SF

View details

Church Facility with Residential Home

2821 W Harrison Ave, Milwaukee, WI 53215

$795,000

6,000 SF

View details

Church Facility with Classrooms

2821 W Harrison Ave Unit 2827, Milwaukee, WI 53215

$795,000

6,000 SF

View details

Multi-Tenant Office Building

9306 N 107th St, Milwaukee, WI 53224

$499,900

9,688 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - As-is multifamily property requiring city-approved rehabilitation before work can proceed.

Where is this multifamily property located?

The property is located at 3223 N 16th St Milwaukee, WI.

What are key features of this property?

This property features: Fire‑damaged multifamily property offered as‑is; Constructed in 1923; Rehabilitation permit required from the City of Milwaukee