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Occupied Three-Unit Milwaukee Property

2632 N 2nd St, Milwaukee, WI 53212

For Sale
$230,000

Historic multifamily building with three occupied residences, original woodwork, and spacious interiors on a tree-lined lot.

Property Size6,206 SF
Price / SF$37.06
Days on Market66

Property Features for 2632 N 2nd St

General Information

Standard status Active
Size 6,206 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Harambee

Additional Details

Gross Income $31,020
Multifamily Units 3

Building Details

Year Built 1904
Listing Agency: Standard Real Estate Services, LLC
Listed By: Christopher Michala · License WI #91937740
Source: Nikolicgroup
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 7 at 4:20PM

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 Standard Real Estate Services, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1904 triplex contains 4,324 square feet with seven bedrooms and three bathrooms arranged across three residential units. Each unit is currently rented, providing an established occupancy profile for a buyer seeking a multifamily asset. The interiors include sizable living areas, original woodwork, and functional finishes, with natural light throughout the building.

The property occupies a 6,206-square-foot parcel at 2632 N 2nd St in Milwaukee’s Harambee neighborhood. Mature trees contribute to the exterior setting, while the existing three-unit configuration provides a defined residential income structure. Tenants are in place at closing, subject to the applicable transaction terms.

Key Highlights

  • Three‑unit property with 4,324 sq. ft. of building area
  • Seven bedrooms and three bathrooms across three units
  • All three units are currently rented

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

862
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
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Market

Average Price Trend$/SF for Triplexes in Milwaukee, WI

$81.39 Jul
$107 Aug
$74.73 Sep
$94.87 Oct

Properties on Market for Triplexes in Milwaukee

Jul
Aug
Sep
Oct

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?
Triplex - Historic multifamily building with three occupied residences, original woodwork, and spacious interiors on a tree-lined lot.
Where is this triplex located?
The property is located at 2632 N 2nd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Three‑unit property with 4,324 sq. ft. of building area; Seven bedrooms and three bathrooms across three units; All three units are currently rented
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