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Three-Unit Multifamily Property
New
For Sale
$499,000

1916 E Webster Pl #1918 1918A, Milwaukee, WI 53211

Fully rented building with separate entrances and mechanical systems for each residence.

Property SizeContact for details
Days on Market2

Property Features for 1916 E Webster Pl #1918 1918A

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Amenities

in-unit washer and dryer

Building Details

Year Built 1904
Listing Agency: Jason Scott Realty & Management, LLC
Listed By: Alex Fernhaber · License #29978
Source: Housesthatshine
Added: Sep 7 Last Checked: Sep 7 at 2:54PM

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 Jason Scott Realty & Management, LLC

Investment Insights

Based on property information with market context.

Built in 1904, this three-unit multifamily property offers a varied residential configuration: one 4-bed/2-bath residence with an in-unit washer and dryer, one 2-bed/1-bath residence, and one 1-bed/1-bath residence. Individual entrances and separate mechanical systems serve each unit. Interior finishes include a combination of hardwood flooring and carpet, while the property is fully rented.

The property is located on Milwaukee's East Side at 1916 E Webster Pl, near UWM, Downer Avenue, North Avenue, and Oakland Avenue. These destinations are identified as being within walking distance of the building.

Key Highlights

  • Three‑unit multifamily property built in 1904
  • Unit mix includes 4‑bed/2‑bath, 2‑bed/1‑bath, and 1‑bed/1‑bath residences
  • 4‑bed/2‑bath unit includes an in‑unit washer and dryer

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

Demographics for 53211, WI

36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
9,082
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully rented building with separate entrances and mechanical systems for each residence.
Where is this triplex located?
The property is located at 1916 E Webster Pl #1918 1918A Milwaukee, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1904; Unit mix includes 4‑bed/2‑bath, 2‑bed/1‑bath, and 1‑bed/1‑bath residences; 4‑bed/2‑bath unit includes an in‑unit washer and dryer
More about this property
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