Search
Duplex with Commercial Storefront
New
For Sale
$550,000

1976 N Farwell Ave, Milwaukee, WI 53202

MULTI_FAMILY - Milwaukee, WI

Lot Size0.05 Acres
Days on Market3

Property Features for 1976 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 N. Lake Dr, Turn right onto E. Bradford Ave, Turn left onto N Farwell Ave, Destination is on the left corner of E. Lafayette Pl & N. Farwell Ave
Standard status Active
APN 3551234000
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8332

Building Details

Year built 1890
Listing Agency: Keller Williams Realty-Milwaukee North Shore
Listed By: HIGHMARK RE Group* · License #57868-90
Added: Jul 31 Last Checked: Aug 2 at 12:06PM
MLS# 1974047

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.

Duplex with a ground-floor commercial storefront paired with two residential apartments. The building includes a 1 BR/1 BA unit and a 3 BR/2 BA unit, creating mixed-use living and storefront space in one property.

The historic building is located at the corner of Lafayette Place and Farwell Avenue in Milwaukee. Built in 1890, the property totals 0.05 acres and is zoned RES.

The combined storefront and apartment layout is designed for an owner who wants multiple income streams from one mixed-use asset while retaining the building’s historic character.

Key Highlights

  • 0.05‑acre mixed‑use property zoned RES
  • Built in 1890 historic duplex with commercial storefront
  • Corner location at Lafayette Place and Farwell Avenue

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service Daycare Center Electrical Service Big Box & Wholesale Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,416
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a 0.05-acre lot with a ground-floor commercial storefront and two apartments.
Where is this duplex located?
The property is located at 1976 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: 0.05‑acre mixed‑use property zoned RES; Built in 1890 historic duplex with commercial storefront; Corner location at Lafayette Place and Farwell Avenue
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message