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Two-Building Multifamily Property
For Sale
$165,000

1826 W State St, Milwaukee, WI 53233

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 Market72

Property Features for 1826 W State St

General Information

Standard status Active
Size 2,547 SF
Property subtype Multi-Family

Additional Details

Public Transit Yes

Building Details

Year Built 1874
Buildings 2
Listing Agency: Cherry Home Realty, LLC
Listed By: Robert Dugan · License #5640290
Source: Levelupwi
Added: Aug 8 Changed: Oct 2 Last Checked: Oct 16 at 2:19PM

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

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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

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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 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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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
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