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Two-Building Triplex Property
For Sale
$274,900

2157 S 14th St, Milwaukee, WI 53215

Three-unit rental property with varied bedroom configurations and substantial improvements to the rear residence.

Property SizeContact for details
Days on Market8

Property Features for 2157 S 14th St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 3BR, 4BR, 1BR
Multifamily Units 3

Building Details

Year Built 1890
Buildings 2
Listing Agency: Coldwell Banker Homesale Realty - Wauwatosa
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 7:03AM

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 Coldwell Banker Homesale Realty - Wauwatosa

Investment Insights

Based on property information with market context.

This Milwaukee South Side triplex includes two separate buildings with three rental units: a three-bedroom unit, a four-bedroom unit, and a one-bedroom unit. The rear residence received a comprehensive renovation in 2021, including updated kitchen and bathroom areas, PVC and PEX plumbing, electrical work, roofing, windows, doors, flooring, drywall, cabinetry, furnace, central air, drain tile, sump pump, and appliances.

The front residence has also benefited from multiple improvements, including roof work, basement wall repairs, exterior steps, a rubber balcony roof, upper-level windows, two water heaters, and kitchen and bathroom updates. The front-building tenants are on month-to-month arrangements. Built in 1890, the property has remained with the same family since 1949 and is located at 2157 S 14th St in Milwaukee, WI 53215.

Key Highlights

  • Three‑unit configuration with 3BR, 4BR, and 1BR units
  • Two separate buildings on one property
  • Rear residence comprehensively renovated in 2021

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Acupuncture HVAC Service (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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,061
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit rental property with varied bedroom configurations and substantial improvements to the rear residence.
Where is this triplex located?
The property is located at 2157 S 14th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Three‑unit configuration with 3BR, 4BR, and 1BR units; Two separate buildings on one property; Rear residence comprehensively renovated in 2021
More about this property
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