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Mixed-Use Property with Commercial Hall
For Sale
$628,000

2007 W Forest Home Ave, Milwaukee, WI 53215

Four residential units accompany a commercial hall that may be repositioned, subject to verification of permitted use.

Property Size9,954 SF
Price / SF$63.09
Days on Market495

Property Features for 2007 W Forest Home Ave

General Information

Standard status Active
Size 9,954 SF
Total Parking Spaces 2
Property subtype Commercial
Zoning LB2

Site & Location

Neighborhood Forest Home Hills

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $14,222

Building Details

Building Size 9,954 SF
Year Built 1924
Listing Agency: First West Realty, LLC
Listed By: Marlene Moctezuma · License #9041694
Source: Defererealestate
Added: Jun 25, 2025 Changed: Oct 29 Last Checked: Oct 29 at 9:14PM

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 First West Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines four residential units with a large commercial hall. Cosmetic improvements are indicated, and the hall may offer flexibility for a different use or redevelopment, subject to buyer verification of licensing and permitted use. The building dates to 1924 and is zoned LB2.

Key Highlights

  • Four residential units and a commercial hall
  • 9,954 square feet
  • Built in 1924

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

968
Businesses Nearby

Demographics for 53215, WI

59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four residential units accompany a commercial hall that may be repositioned, subject to verification of permitted use.
Where is this mixed-use property located?
The property is located at 2007 W Forest Home Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $628,000.
What are key features of this property?
This property features: Four residential units and a commercial hall; 9,954 square feet; Built in 1924
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