Search
Two-Building Multifamily Property
For Sale
$165,000

1826 W State St, Milwaukee, WI 53202

Two separate residential buildings occupy one lot near downtown Milwaukee with convenient city bus access.

Property Size2,547 SF
Price / SF$64.78
Days on Market63

Property Features for 1826 W State St

General Information

Standard status Active
Size 2,547 SF
Property subtype Residential Income

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,193

Building Details

Buildings 2
Listing Agency: Cherry Home Realty, LLC
Listed By: Robert Dugan · License #5640290
Source: Exprealty
Added: Jun 12 Changed: Aug 9 Last Checked: Aug 12 at 11:27AM

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 Cherry Home Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property includes two separate buildings situated on a single lot, with a reported property size of 2,547. The existing rental arrangement places responsibility for the City Fee covering water, sewage, and garbage with the tenants.

The property is located at 1826 W State St in Milwaukee, approximately 1 mile from downtown. Bus transit provides access to destinations throughout the city. The property is within the Marquette University housing area, and the source information identifies potential for off-campus student housing use, although current tenants are not students.

Key Highlights

  • Two separate multifamily buildings on one lot
  • Reported property size of 2,547
  • Approximately 1 mile from downtown Milwaukee

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Garden Center Carpet & Flooring Store Auto Parts Store (Bike/Boat/Book/etc) Store Florist

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

2,195
Businesses Nearby

Demographics for 53202, WI

27,897
Population
18,629
Households
1.5
Avg Household Size
31
Median Age
66%
College-Educated
98%
High-School Grad
2.1 sq mi
ZIP Area
13,284
Density / Sq Mi
$68,482
Median Household Income
$52,339
Median Earnings
$1,234
Median Rent
$298,000
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residential buildings occupy one lot near downtown Milwaukee with convenient city bus access.
Where is this multifamily property located?
The property is located at 1826 W State St Milwaukee, WI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two separate multifamily buildings on one lot; Reported property size of 2,547; Approximately 1 mile from downtown Milwaukee
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message