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Three-Building Duplex Property
For Sale
$342,900

2956 N Palmer St, Milwaukee, WI 53212

Three-building residential income property with two duplexes and a separate cottage on a double lot.

Property Size4,353 SF
Price / SF$78.77
Days on Market39

Property Features for 2956 N Palmer St

General Information

Standard status Active
Size 4,353 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence does need a little TLC

Building Details

Year Built 1905
Buildings 3
Listing Agency: TAS Real Estate LLC
Listed By: Thomas Stewart
Source: Nikolicgroup
Added: Jul 25 Changed: Aug 30 Last Checked: Aug 31 at 7:31PM

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.

This residential income property comprises three buildings on a double lot, including a 3/2 duplex, a two-bedroom cottage, and a 2/1 duplex. The property contains 4,353 square feet and dates to 1905. The front duplex is ready for occupancy, while the cottage requires work before it can be placed into service. Both units in the rear duplex have been freshly painted, and additional repairs have been completed to prepare them for renting.

Located at 2956 N Palmer St in Milwaukee, Wisconsin, the property offers a multi-building configuration with two duplex structures and a separate cottage. The combination of existing improvements and varied residential layouts provides a defined setup for a buyer evaluating a small multifamily asset.

Key Highlights

  • Three buildings on a double lot
  • Includes a 3/2 duplex, two‑bedroom cottage, and 2/1 duplex
  • 4,353 square feet of total property size

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.

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 - Three-building residential income property with two duplexes and a separate cottage on a double lot.
Where is this duplex located?
The property is located at 2956 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; Includes a 3/2 duplex, two‑bedroom cottage, and 2/1 duplex; 4,353 square feet of total property size
More about this property
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