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Updated 16-Unit Apartment Buildings
For Sale
$2,160,000

2650-2620 W Custer Avenue, Glendale, WI 53209

Two-building property offers corner apartments with private outdoor space and individual garage parking.

Property SizeContact for details
Days on Market14

Property Features for 2650-2620 W Custer Avenue

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Multifamily Units 16
Parking per Unit 1

Additional Details

Average Monthly Rent $1,315
Highway Access Yes

Taxes and HOA fees

Annual Taxes $33,928

Amenities

sunken living room
private patio or balcony
central air

Building Details

Year Renovated 2024
Buildings 2
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: Segal Goldman Realty Group* · License #7654594
Source: Exprealty
Added: Jul 27 Changed: Aug 8 Last Checked: Aug 8 at 2:31AM

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 Berkshire Hathaway HomeServices Metro Realty

Investment Insights

Based on property information with market context.

This 16-unit apartment property comprises two buildings, with each residence positioned as a corner apartment. Floor plans include sunken living rooms, private patios or balconies, central air, and one garage space per tenant. The property is fully occupied, and most apartments have been remodeled. Recent capital improvements include tear-off roof replacements completed in 2024 and replacement of most heating and air-conditioning units.

Residents are responsible for their own electric, heat, air-conditioning, and hot water costs. The property is located in Glendale within the Glendale-River Hills School District, with Bayshore Town Center, Silver Spring shopping in Whitefish Bay, and I-43 access nearby.

Key Highlights

  • 16‑family property with two apartment buildings
  • Fully occupied with most apartments remodeled
  • Tear‑off roofs replaced in 2024

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Restaurant

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

16
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 53209, WI

44,586
Population
21,466
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,090
Density / Sq Mi
$45,288
Median Household Income
$33,854
Median Earnings
$980
Median Rent
$150,200
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?
Apartment building - Two-building property offers corner apartments with private outdoor space and individual garage parking.
Where is this apartment building located?
The property is located at 2650-2620 W Custer Avenue Glendale, WI.
What is the asking price?
The asking price for this property is $2,160,000.
What are key features of this property?
This property features: 16‑family property with two apartment buildings; Fully occupied with most apartments remodeled; Tear‑off roofs replaced in 2024
More about this property
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