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4-Unit Brick Apartment Building
New
For Sale
$530,000

3338 S 97th St, Milwaukee, WI 53227

Milwaukee, WI

Property SizeContact for details
Lot Size0.22 Acres
Days on Market2

Property Features for 3338 S 97th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM 1
Elementary school district Milwaukee
Middle school district Milwaukee
High school district Milwaukee
Directions At the corner of 97th and Beloit RD, On 97th Street
Standard status Active
APN 5259951200
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9797

Amenities

washer/dryer hookups
storage lockers
common balcony

Building Details

Year built 1959
Listing Agency: Lannon Stone Realty LLC
Listed By: Zani Zeqiri · License #110273-94
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 14 at 5:06PM
MLS# 1984675

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.

Investment Insights

Based on property information with market context.

Built in 1959, this four-unit brick property has a similar two-bedroom layout in each residence, with an eat-in kitchen, a large living room and three additional closets. Kitchens have been updated throughout. The basement includes space for each resident’s washer and dryer along with a storage locker.

The 0.22-acre property is zoned RM 1. A five-car parking area is accessed from the side, and residents in the upper units share a balcony.

Key Highlights

  • Four similar two‑bedroom units, each with an eat‑in kitchen, large living room and three extra closets
  • Updated kitchens in all units
  • Basement space for individual washers, dryers and storage lockers

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Daycare Center Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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

495
Businesses Nearby

Demographics for 53227, WI

23,310
Population
11,519
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,571
Density / Sq Mi
$71,594
Median Household Income
$46,886
Median Earnings
$1,057
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has an updated kitchen, while basement space provides individual laundry and storage areas.
Where is this quadplex located?
The property is located at 3338 S 97th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four similar two‑bedroom units, each with an eat‑in kitchen, large living room and three extra closets; Updated kitchens in all units; Basement space for individual washers, dryers and storage lockers
More about this property
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