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Bay View Quadplex Requiring Rehabilitation
New
For Sale
$300,000

2232 S Allis St, Milwaukee, WI 53207

Four-unit apartment property with three two-bedroom units and one one-bedroom unit.

Property SizeContact for details
Days on Market2

Property Features for 2232 S Allis St

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence full rehab

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1880
Listing Agency: M3 Realty
Listed By: Avenue Real Estate
Source: Avenueret
Added: Sep 6 Last Checked: Sep 6 at 2:16PM

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 M3 Realty

Investment Insights

Based on property information with market context.

This 1880-built quadplex contains four apartments: three with two bedrooms and one bathroom, plus one with one bedroom and one bathroom. The property requires a full rehabilitation, offering a defined renovation project across the existing unit configuration.

Located in Milwaukee’s Bay View area at 2232 S Allis St, the property is positioned approximately half a block from KK.

Key Highlights

  • Four‑unit quadplex built in 1880
  • Unit mix includes three 2BR/1BA apartments and one 1BR/1BA apartment
  • Full rehabilitation required

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Parking Lot & Garage

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

961
Businesses Nearby

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit apartment property with three two-bedroom units and one one-bedroom unit.
Where is this quadplex located?
The property is located at 2232 S Allis St Milwaukee, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1880; Unit mix includes three 2BR/1BA apartments and one 1BR/1BA apartment; Full rehabilitation required
More about this property
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