3141 S 48th St, Milwaukee, WI 53219

Building Details

Year built

1951

Number of units

4

Building materials

Brick

Architectural style

Other

Listing agent Hoffmann Team* License #54807-94 Show Phone

Listing office RE/MAX Lakeside-Central k***@lakesiderealtors.com 10303 W Oklahoma Ave, Milwaukee, WI 53221-1974, Milwaukee, WI Show Phone

Listing date Jun 5, 2026

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MLS# 1965993 Listing URL

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale apartment building is a brick four-family property with a low-maintenance exterior and a straightforward unit mix. The building includes two spacious 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. All four units are currently fully rented, offering an immediately occupied configuration for an owner or investor.

Located in the Jackson Park neighborhood of Milwaukee, the property sits on a 0.23-acre lot at 3141 S 48th St. Zoning is designated for multi-family use, supporting its continued operation as a four-unit residential income property.

For buyers seeking a turnkey multi-family asset, the unit mix provides two different tenancy profiles within the same building, pairing larger 2-bedroom layouts with more compact 1-bedroom options. With occupancy already in place across all units, this property can appeal to investors looking to acquire a functioning, fully leased rental building rather than a repositioning project. The combination of brick construction and an already-stabilized occupancy profile makes it a practical fit for those evaluating residential income property in Milwaukee’s multi-family market.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Milwaukee

County

Milwaukee

State

Wisconsin

Longitude

-87.974487

Latitude

42.987446

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FAQs

What type of property is this?

Quadplex - Turnkey four-unit brick building in Jackson Park with fully rented 2BR/1BA and 1BR/1BA apartments.

Where is this quadplex located?

The property is located at 3141 S 48th St Milwaukee, WI.

What is the asking price?

The asking price for this property is $515,000.

What are key features of this property?

This property features: Brick four‑family apartment building built in 1951; Unit mix: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Heating: forced air with natural gas