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Updated Four-Unit Multifamily Property
For Sale
$260,000

3332 N 3rd St, Milwaukee, WI 53212

Two duplex buildings offer remodeled rear units, established occupancy, and tenant-paid utilities.

Property SizeContact for details
Days on Market20

Property Features for 3332 N 3rd St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1908
Buildings 2
Listing Agency: SNSHN Realty LLC
Listed By: Anna Cihla · License #5965690
Source: Karlaflorance.kw
Added: Aug 13 Changed: Aug 30 Last Checked: Sep 1 at 2:38PM

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 SNSHN Realty LLC

Investment Insights

Based on property information with market context.

This multifamily property at 3332 N 3rd St comprises two duplex buildings on one lot, providing four total residential units. The rear duplex has remodeled interiors in both apartments, while the front duplex is occupied by long-term tenants. Mechanical improvements include replacement of two water heaters and one furnace in 2022.

Tenants are responsible for electric, gas, heat, and water expenses. Built in 1908, the property combines updated space in the rear building with established occupancy in the front duplex.

Key Highlights

  • Four total units across two duplex buildings on one lot
  • Both units in the rear duplex have been remodeled
  • Two water heaters and one furnace replaced in 2022

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Kitchen & Bath Showroom 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

Location Intelligence

Trade Area within ½ mile

583
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?
Multifamily property - Two duplex buildings offer remodeled rear units, established occupancy, and tenant-paid utilities.
Where is this multifamily property located?
The property is located at 3332 N 3rd St Milwaukee, WI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Four total units across two duplex buildings on one lot; Both units in the rear duplex have been remodeled; Two water heaters and one furnace replaced in 2022
More about this property
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