Historic Corner
New
For Sale
$550,000
1972 N Farwell Ave, Milwaukee, WI 53202
MULTI_FAMILY - Milwaukee, WI
Property SizeContact for details
Lot Size0.05 Acres
Days on Market4
Property Features for 1972 N Farwell Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Elementary school district
Milwaukee
Middle school district
Milwaukee
High school district
Milwaukee
Directions
From WI-190 W/E Capitol Dr, Turn onto N. Humboldt Blvd, Turn left onto E. North Ave, Turn right onto N. Farwell Ave, Destination is to the left after passing E Lafayette Pl.
Standard status
Active
APN
3551235000
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5754
Building Details
Year built
1890
Listing Agency:
Keller Williams Realty-Milwaukee North Shore
(414) 517-7716
Listed By:
HIGHMARK RE Group* · License #57868-90
(414) 517-7716
Added: Jul 31
Last Checked: Aug 3 at 5:06PM
MLS# 1974044
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Historic 1890s triplex featuring three residential units, built in 1890. The lower unit is a 2 bedroom, 1 bathroom layout. The property also includes a studio apartment, plus an upper two-story unit with 3 bedrooms and 1.5 bathrooms, providing flexible configuration for different tenant needs.
The triplex is positioned on the corner of Lafayette Place and Farwell Avenue at 1972 N Farwell Ave in Milwaukee, WI 53202, within Milwaukee County. The property sits on a 0.05-acre lot and is zoned RES.
The triplex is positioned on the corner of Lafayette Place and Farwell Avenue at 1972 N Farwell Ave in Milwaukee, WI 53202, within Milwaukee County. The property sits on a 0.05-acre lot and is zoned RES.
Key Highlights
- 1890 triplex with historic character
- Three residential units: 2 BR/1 BA lower, studio, and 3 BR/1.5 BA upper
- Upper unit spans two stories
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,416
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Historic triplex on a corner lot with three residential units, built in 1890, zoned RES.
Where is this triplex located?
The property is located at 1972 N Farwell Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1890 triplex with historic character; Three residential units: 2 BR/1 BA lower, studio, and 3 BR/1.5 BA upper; Upper unit spans two stories
