Five-Unit Residential Income
2956 North Palmer Street Unit 2958 Milwaukee, WI 53212
For Sale
$475,000
Five-unit residential income property with a mix of two-, three-bedroom units and an oversized studio across three buildings.
Property Size12,196 SF
Price / SF$38.95
Days on Market342
Property Features for 2956 North Palmer Street Unit 2958
General Information
- Standard status
- Active
- Size
- 12,196 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1905
Listing Agency:
Berkshire Hathaway HomeServices Metro Realty-Racine
(262) 496-1177
Listed By:
Britney Ortiz · License #87737-94
(262) 496-1177
Source:
Compass
Added: Aug 17, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:20PM
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 Berkshire Hathaway HomeServices Metro Realty-Racine
Investment Insights
Based on property information with market context.
This five-unit residential income property includes a diverse unit mix: two three-bedroom units, two two-bedroom units, and one oversized studio. The offering is described as well-maintained, with multiple value-add updates completed, including new roofs on all three buildings, new siding on the front house, and new windows in the front house. Mechanical improvements include a new furnace in the front upper unit, new hot water tanks in the middle house, and a new furnace in the rear upper unit.
The property is situated on a double lot, which provides room for additional possibilities, including potential future development or conversion into a parking lot, subject to applicable approvals.
The asset is presented as a five-unit investment opportunity with recent exterior and interior system upgrades supporting long-term value.
The property is situated on a double lot, which provides room for additional possibilities, including potential future development or conversion into a parking lot, subject to applicable approvals.
The asset is presented as a five-unit investment opportunity with recent exterior and interior system upgrades supporting long-term value.
Key Highlights
- 5‑unit residential income property across three buildings, featuring (2) three‑bedroom units, (2) two‑bedroom units, and (1) oversized studio
- Multiple recent exterior updates: new roofs on all three buildings and new siding on the front house
- Heating and hot water improvements include new furnaces in the front upper unit and rear upper unit, plus new hot water tanks in the middle house and rear duplex
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Five-unit residential income property with a mix of two-, three-bedroom units and an oversized studio across three buildings.
Where is this apartment building located?
The property is located at 2956 North Palmer Street Unit 2958 Milwaukee, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5‑unit residential income property across three buildings, featuring (2) three‑bedroom units, (2) two‑bedroom units, and (1) oversized studio; Multiple recent exterior updates: new roofs on all three buildings and new siding on the front house; Heating and hot water improvements include new furnaces in the front upper unit and rear upper unit, plus new hot water tanks in the middle house and rear duplex
