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Brick Quadplex with Five Garages
For Sale
$529,900

3171 S 48th Street, Milwaukee, WI 53219

Three units have long-term tenants, while the fourth is available for occupancy or rental.

Property SizeContact for details
Days on Market14

Property Features for 3171 S 48th Street

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $9,121

Amenities

fenced yard
central air
storage spaces
washer/dryer

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Abundance Real Estate
Listed By: Lisa Pusheck
Source: Exprealty
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 12 at 10:52PM

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 Abundance Real Estate

Investment Insights

Based on property information with market context.

This four-unit brick property sits on a fenced corner lot and includes five separate garages and two additional parking spaces. Each apartment has its own furnace, electrical service, and water heater. Both two-bedroom units have CA. Basement space provides separate storage areas and a washer and dryer for tenant use.

Recent interior work in the main-floor units includes new flooring and fresh paint. Three apartments are occupied by long-term tenants; the fourth is available for owner occupancy or as a rental unit.

Key Highlights

  • Four‑unit brick property on a corner lot with a fenced yard
  • Five separate garages plus two additional parking spaces
  • Each unit has its own furnace, electrical service, and water heater

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 53219, WI

34,925
Population
15,661
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
90%
High-School Grad
5.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$70,998
Median Household Income
$43,223
Median Earnings
$971
Median Rent
$190,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Three units have long-term tenants, while the fourth is available for occupancy or rental.
Where is this quadplex located?
The property is located at 3171 S 48th Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Four‑unit brick property on a corner lot with a fenced yard; Five separate garages plus two additional parking spaces; Each unit has its own furnace, electrical service, and water heater
More about this property
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