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4-Unit Quadplex
For Sale
$219,900

2421 S 5th Pl, Milwaukee, WI 53207

Professionally managed multifamily property with a studio, one-bedroom, and two-bedroom residences.

Property SizeContact for details
Days on Market47

Property Features for 2421 S 5th Pl

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Lincoln Village

Units

Unit Mix 1 x studio, 2 x 1BR, 1 x 2BR
Multifamily Units 4

Building Details

Year Built 1895
Listing Agency: Mierow Realty
Listed By: Realty Executives Southeast
Source: Therealestatestudiowi
Added: Sep 8 Changed: Oct 23 Last Checked: Oct 23 at 6:22AM

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 Mierow Realty

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Investment Insights

Based on property information with market context.

Built in 1895, this four-family property contains a varied residential layout with one studio, two one-bedroom units, and one two-bedroom unit. The property is professionally managed, providing an established operating structure for a multifamily owner.

Two residences are currently rent-ready, allowing immediate attention to unit placement and occupancy. Located at 2421 S 5th Pl on Milwaukee’s South Side, the property offers a compact four-unit configuration suited to residential income ownership.

Key Highlights

  • Four‑family property built in 1895
  • Unit mix includes one studio, two 1‑bedroom units, and one 2‑bedroom unit
  • Two units are currently rent‑ready

Property Analytics

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

774
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Professionally managed multifamily property with a studio, one-bedroom, and two-bedroom residences.
Where is this quadplex located?
The property is located at 2421 S 5th Pl Milwaukee, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Four‑family property built in 1895; Unit mix includes one studio, two 1‑bedroom units, and one 2‑bedroom unit; Two units are currently rent‑ready
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