1901 S 6th STREET, Milwaukee, WI 53204
Retail storefront paired with four residential apartments, three updated, currently producing $4,450 monthly in rental income.
- Added:
- Jun 17, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 2 at 1:32 am
Property Features for 1901 S 6th STREET
General Information
- Standard status
- Active
- Size
- 2,845 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1890
Listing office Homestead Realty, Inc (414) 514-4699
Listing date Jun 17, 2026
Source Xome
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HighLights
- Mixed‑use property with a retail storefront plus four residential apartments
- Currently generating $4,450 per month in rental income
- Three of the four apartment units have been updated
- Zoned LB2
- Year built: 1890
- 4 parking spaces
Overview
Located at 1901 S 6th Street in Milwaukee, WI 53204, the building’s storefront component provides on-site commercial space, while the four apartment units contribute ongoing residential rental demand. The combination of retail and apartments creates a diversified income profile within a single structure.
For investors or owner-users looking for a property with both commercial and residential components, this setup may offer a practical way to manage multiple revenue streams under one ownership. With three of the four apartment units updated and current rental income in place, the building can be evaluated as an income-producing asset that includes a live/work style ownership option and an established rental mix for continued operation.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9191105
- Latitude
- 43.0552336