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Three-Building Duplex Property
For Sale
$342,900

2956-58 N Palmer St, Milwaukee, WI 53212

Residential income property with two duplexes, a cottage, and recent repairs to select units.

Property SizeContact for details
Days on Market99

Property Features for 2956-58 N Palmer St

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 5

Building Details

Year Built 1905
Buildings 3
Listing Agency: TAS Real Estate LLC
Listed By: Thomas Stewart
Source: Therealtycompanyllc
Added: May 7 Changed: Aug 7 Last Checked: Aug 12 at 12:12PM

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 TAS Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1905, this residential income property includes three separate buildings on a double lot at 2956-58 N Palmer St in Milwaukee. The configuration consists of a 3/2 duplex, a 2/1 duplex, and a two-bedroom cottage, providing multiple residential units within one property.

The 3/2 duplex is ready for occupancy, while the rear duplex has received fresh paint and additional repairs. The cottage requires further work before it is ready for occupancy. The front lower unit is leased under a one-year term, adding an established lease component to the property.

Key Highlights

  • Three buildings on a double lot at 2956‑58 N Palmer St
  • Includes a 3/2 duplex, 2/1 duplex, and 2br Cottage
  • 3/2 duplex is ready to rent

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Bakery 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

883
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?
Duplex - Residential income property with two duplexes, a cottage, and recent repairs to select units.
Where is this duplex located?
The property is located at 2956-58 N Palmer St Milwaukee, WI.
What is the asking price?
The asking price for this property is $342,900.
What are key features of this property?
This property features: Three buildings on a double lot at 2956‑58 N Palmer St; Includes a 3/2 duplex, 2/1 duplex, and 2br Cottage; 3/2 duplex is ready to rent
More about this property
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