Mixed-Use Property with
New
For Sale
$375,000
1901 6TH ST, Milwaukee, WI 53204
The layout combines a commercial storefront with four residential apartments and includes four on-site parking spaces.
Property Size2,845 SF
Price / SF$131.81
Days on Market7
Property Features for 1901 6TH ST
General Information
Standard status
Active
Size
2,845 SF
Property subtype
General Commercial
Additional Details
Gross Income
$53,400
Taxes and HOA fees
Annual Taxes
$3,545
Amenities
3
LB2
4 Parking Spaces.
0.0 to .499
Building Details
Year Built
1890
Listing Agency:
Homestead Realty, Inc
(414) 514-4699
Listed By:
The Borowski Group* · License #5867390
(414) 514-4699
Source:
Xome
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 3:36AM
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 Homestead Realty, Inc
Investment Insights
Based on property information with market context.
This mixed-use property at 1901 6th St in Milwaukee combines a commercial storefront with four residential apartments. Three of the four apartment units have been updated, adding refreshed residential space within the existing configuration. The property includes four parking spaces and was built in 1890.
The combination of commercial and residential components creates a varied-use asset with an established rental history. Its layout may suit ownership focused on maintaining both storefront and apartment occupancy, subject to applicable requirements. The property is offered for sale and includes the existing improvements associated with the storefront and four apartments.
The combination of commercial and residential components creates a varied-use asset with an established rental history. Its layout may suit ownership focused on maintaining both storefront and apartment occupancy, subject to applicable requirements. The property is offered for sale and includes the existing improvements associated with the storefront and four apartments.
Key Highlights
- Mixed‑use configuration with one commercial storefront and four residential apartments
- Three of four apartment units have been updated
- Four parking spaces included
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $16.20 |
| − Vacancy | −$3.5k | −$1.22 |
| EGI | $42.6k | $14.99 |
| − OpEx | −$12.8k | −$4.50 |
| NOI | $29.8k | $10.49 |
2,845 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$496.2K
$434.2K – $579.0K
NOI $34,737 @ 7.0% cap · market cap 9.26%
Second Best
Retail
$426.3K
$373.0K – $497.4K
NOI $29,843 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$683.7K
$598.2K – $797.6K
NOI $47,857 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,345
Businesses Nearby
Explore this area
Business Placement
Demographics for 53204, WI
39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
Market
Properties on Market for Mixed-use properties in Milwaukee
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The layout combines a commercial storefront with four residential apartments and includes four on-site parking spaces.
Where is this mixed-use property located?
The property is located at 1901 6TH ST Milwaukee, WI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Mixed‑use configuration with one commercial storefront and four residential apartments; Three of four apartment units have been updated; Four parking spaces included
