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Brick 4-Unit Quadplex
New
For Sale
$639,900

1536 David Ln, Waukesha, WI 53189

Waukesha, WI

Property SizeContact for details
Lot Size0.30 Acres
Days on Market1

Property Features for 1536 David Ln

General Information

Property type Residential Multi Family
Property subtype Other
Zoning commercial
Elementary school district Waukesha
Middle school district Waukesha
High school district Waukesha
Directions see GPS
Standard status Active
APN 2911358066
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7082

Amenities

walk-out basement
private storage

Building Details

Year built 1976
Listing Agency: Homestead Realty, Inc
Listed By: Michelle Hintz · License #94055-94
Added: Sep 2 Last Checked: Sep 2 at 6:06PM
MLS# 1978751

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.

Located at 1536 David Ln in Waukesha, this brick quadplex contains four 2-bedroom, 1-bath residences. All units are occupied on month-to-month arrangements, with current occupants indicating they want to remain. The property was built in 1976 and carries commercial zoning.

A walk-out basement adds functional storage, with a finished speckled floor and a private, locking storage unit assigned to each tenant. The 0.3-acre site provides 8+ parking spaces. A park, shopping, restaurants, and everyday amenities are within walking distance, and the property is served by the Waukesha School District.

Key Highlights

  • Four 2‑bedroom, 1‑bath units in a brick quadplex
  • All four units occupied on month‑to‑month arrangements
  • Walk‑out basement with finished speckled floor

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Bakery Nail Salon

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

Demographics for 53189, WI

26,846
Population
10,443
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
47.8 sq mi
ZIP Area
562
Density / Sq Mi
$114,555
Median Household Income
$58,501
Median Earnings
$1,206
Median Rent
$372,600
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?
Quadplex - Commercial zoning, walk-out basement storage, and on-site parking support the property’s operating layout.
Where is this quadplex located?
The property is located at 1536 David Ln Waukesha, WI.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units in a brick quadplex; All four units occupied on month‑to‑month arrangements; Walk‑out basement with finished speckled floor
More about this property
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