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Four-Unit Quadplex with Redevelopment Potential
For Sale
$229,900

206 Maple Avenue, Waukesha, WI 53186

Interior work has begun, leaving the building ready for a comprehensive renovation and repositioning.

Property Size8,276 SF
Price / SF$27.78
Days on Market163

Property Features for 206 Maple Avenue

General Information

Standard status Active
Size 8,276 SF
Property subtype Multi-Family / Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence interior down to the studs

Additional Details

Multifamily Units 4

Amenities

Full, Yes
Other, Vinyl

Building Details

Year Built 1900
Listing Agency: Keller Williams-MNS Wauwatosa
Listed By: Holly T Speranza · License #56826-90
Source: Compass
Added: Mar 24 Changed: Aug 31 Last Checked: Aug 30 at 4:15AM

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 Keller Williams-MNS Wauwatosa

Investment Insights

Based on property information with market context.

Built in 1900, this 8,276-square-foot quadplex contains four residential units and is positioned for a substantial renovation. Portions of the work are already underway, with the interior opened to the studs and ready for continued redevelopment.

The property is located just east of downtown Waukesha near the Fox River corridor. Frame Park, downtown shops and dining, and Carroll University are all identified nearby, providing access to recreation, services, and the university setting.

Key Highlights

  • Four‑unit multifamily property
  • 8,276 square feet across four residential units
  • Interior opened to the studs for renovation

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,781
Businesses Nearby

Demographics for 53186, WI

32,332
Population
15,066
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,566
Density / Sq Mi
$74,596
Median Household Income
$42,007
Median Earnings
$1,180
Median Rent
$277,800
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Interior work has begun, leaving the building ready for a comprehensive renovation and repositioning.
Where is this quadplex located?
The property is located at 206 Maple Avenue Waukesha, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Four‑unit multifamily property; 8,276 square feet across four residential units; Interior opened to the studs for renovation
More about this property
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