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Four-Unit Quadplex with Basement
For Sale
$295,000

2441 North 1st Street Unit 2443, Milwaukee, WI 53212

Historic multifamily property with four two-bedroom residences, rear parking, basement storage, and select interior updates.

Property Size3,686 SF
Price / SF$80.03
Days on Market158

Property Features for 2441 North 1st Street Unit 2443

General Information

Standard status Active
Size 3,686 SF
Total Parking Spaces 1
Property subtype Multi-Family / Multi-Family

Units

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

Amenities

bay windows
arched doorways
walk-in closets
backyard
full basement
Brick, Full, Yes
Wood

Building Details

Year Built 1892
Listing Agency: Mahler Sotheby's International Realty
Listed By: James R Bertolli · License #60475-90
Source: Compass
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 7:38PM

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 Mahler Sotheby's International Realty

Investment Insights

Based on property information with market context.

Built in 1892, this 3,686-square-foot quadplex contains four residential units, each configured with two bedrooms and one bathroom. Interior character includes bay windows, arched doorways, wood elements, and brick details. Select residences have updated flooring and bathroom finishes, while some units also include walk-in closets.

The property provides a full basement, rear parking space, and a backyard. It is being offered in as-is condition, with the seller and agent making no representations or warranties. The four-unit layout and existing common and exterior features create a clearly defined multifamily configuration.

Key Highlights

  • Four‑unit property with 2 bedrooms and 1 bathroom per unit
  • 3,686 SF multifamily building constructed in 1892
  • Bay windows, arched doorways, brick details, and wood features

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Dental Office Bakery (Bike/Boat/Book/etc) Store Plumbing 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby

Demographics for 53212, WI

28,702
Population
15,749
Households
1.8
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$42,679
Median Household Income
$36,578
Median Earnings
$1,038
Median Rent
$204,300
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?
Quadplex - Historic multifamily property with four two-bedroom residences, rear parking, basement storage, and select interior updates.
Where is this quadplex located?
The property is located at 2441 North 1st Street Unit 2443 Milwaukee, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Four‑unit property with 2 bedrooms and 1 bathroom per unit; 3,686 SF multifamily building constructed in 1892; Bay windows, arched doorways, brick details, and wood features
More about this property
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