Triplex with Two-Story
For Sale
$550,000
1972 N Farwell Ave, Milwaukee, WI 53202
Milwaukee, WI
Property SizeContact for details
Lot Size0.05 Acres
Days on Market59
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) 962-3605
Added: Jul 31
Changed: Sep 25
Last Checked: Sep 27 at 2:06PM
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.
Built in 1890, this residential triplex contains three apartments: a lower-level two-bedroom, one-bath unit; a studio; and an upper two-story apartment with three bedrooms and one and a half baths. The property occupies a 0.05-acre lot and is zoned RES.
At 1972 N Farwell Ave in Milwaukee, the building sits at the corner of Lafayette Place and Farwell Avenue. Restaurants, cafes, shops, and parks are in the surrounding area, with the lakefront also nearby.
At 1972 N Farwell Ave in Milwaukee, the building sits at the corner of Lafayette Place and Farwell Avenue. Restaurants, cafes, shops, and parks are in the surrounding area, with the lakefront also nearby.
Key Highlights
- Three apartments: 2 BR/1 BA lower unit, studio, and two‑story upper unit with 3 BR/1.5 BA
- 0.05‑acre lot
- Built in 1890
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - The three-unit layout combines a studio with two larger apartments, including an upper residence spanning two floors.
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: Three apartments: 2 BR/1 BA lower unit, studio, and two‑story upper unit with 3 BR/1.5 BA; 0.05‑acre lot; Built in 1890
