Remodeled Four-Unit
3052 North Buffum Street Unit 14 Milwaukee, WI 53212
For Sale
$349,900
Recently remodeled four-unit property currently fully rented and professionally managed.
Property Size3,288 SF
Price / SF$106.42
Days on Market103
Property Features for 3052 North Buffum Street Unit 14
General Information
- Standard status
- Active
- Size
- 3,288 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1900
Listing Agency:
Welcome Home Real Estate Group, LLC
(262) 300-7047
Listed By:
Nina Ferraro · License #114609-94
(262) 300-7047
Source:
Compass
Added: Apr 13
Changed: Jul 21
Last Checked: Jul 23 at 10:02AM
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 Welcome Home Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This recently remodeled four-unit multifamily property is configured as a quadplex and includes four residential units. The offering is currently fully rented and professionally managed.
The property is located directly between the Harambee and Riverwest neighborhoods in Milwaukee, Wisconsin.
With a 4-unit layout and recent remodeling, the building provides a turnkey rental setup for an investor seeking an actively managed multifamily asset.
The property is located directly between the Harambee and Riverwest neighborhoods in Milwaukee, Wisconsin.
With a 4-unit layout and recent remodeling, the building provides a turnkey rental setup for an investor seeking an actively managed multifamily asset.
Key Highlights
- Recently remodeled 4‑unit multi‑family property
- Property is fully rented
- Professionally managed
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $17.64 |
| − Vacancy | −$2.3k | −$0.71 |
| EGI | $55.7k | $16.93 |
| − OpEx | −$25.1k | −$7.62 |
| NOI | $30.6k | $9.31 |
3,288 SF · lease $17.64/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$472.5K
$413.4K – $551.2K
NOI $33,074 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$437.5K
$382.8K – $510.4K
NOI $30,624 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$790.1K
$691.4K – $921.8K
NOI $55,309 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Recently remodeled four-unit property currently fully rented and professionally managed.
Where is this quadplex located?
The property is located at 3052 North Buffum Street Unit 14 Milwaukee, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Recently remodeled 4‑unit multi‑family property; Property is fully rented; Professionally managed
