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Remodeled Multifamily Building Package
For Sale
Contact for pricing
Pending

2229 W Wells St, Milwaukee, WI 53233

Three updated buildings are offered together with appliances and substantial recent improvements.

Property SizeContact for details
Days on Market145

Property Features for 2229 W Wells St

General Information

Standard status Pending
Property subtype Office, Special Purpose
Listing Agency: Dream Realty LLC
Listed By: Katie O'Keefe · License #WI
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Aug 31 at 8:50PM

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 Dream Realty LLC

Investment Insights

Based on property information with market context.

This multifamily offering combines three buildings at 2217, 2221, and 2227-2229 W Wells St. The properties are being sold as one package and are currently occupied as student housing. Each building has undergone extensive remodeling, including replacement siding, roofs, furnaces, and glass block windows. Appliances are included.

The properties are positioned near downtown Milwaukee and Marquette, providing an established urban setting for the existing residential income use. The combined offering gives an investor ownership of multiple buildings under a single transaction rather than separate acquisitions.

Key Highlights

  • Three‑building multifamily package at 2217, 2221, and 2227‑2229 W Wells St
  • Currently rented as student housing
  • New siding, roofs, furnaces, and glass block windows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Accounting Firm Garden Center Carpet & Flooring Store HVAC Service

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

1,163
Businesses Nearby

Demographics for 53233, WI

15,531
Population
5,531
Households
2.8
Avg Household Size
25
Median Age
17%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
8,628
Density / Sq Mi
$20,306
Median Household Income
$10,060
Median Earnings
$846
Median Rent
$132,900
Median Home Value

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?
Multifamily property - Three updated buildings are offered together with appliances and substantial recent improvements.
Where is this multifamily property located?
The property is located at 2229 W Wells St Milwaukee, WI.
What are key features of this property?
This property features: Three‑building multifamily package at 2217, 2221, and 2227‑2229 W Wells St; Currently rented as student housing; New siding, roofs, furnaces, and glass block windows
More about this property
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