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Four-Unit Property with Garage
For Sale
$620,000
Pending

4031 W Morgan Avenue, Milwaukee, WI 53221

Three three-bedroom residences and one two-bedroom residence share lower-level space with a kitchenette and full bath.

Property SizeContact for details
Days on Market19

Property Features for 4031 W Morgan Avenue

General Information

Standard status Pending
Total Parking Spaces 5
Property subtype Residential Income

Units

Unit Mix 3 x 3BR, 1 x 2BR
Multifamily Units 4

Amenities

washer and dryer
Listing Agency: First Weber Inc- Greenfield
Listed By: Patti Jastroch · License #49707-90
Source: Exprealty
Added: Sep 9 Changed: Sep 23 Last Checked: Sep 26 at 1:02PM

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 First Weber Inc- Greenfield

Investment Insights

Based on property information with market context.

This four-unit residential property includes three three-bedroom residences and one two-bedroom residence. The lower level is accessed through an egress door and adds living space, a kitchenette, and a full bathroom. Three units include refrigerators and ranges, and the property also has one washer and dryer.

Located at 4031 W Morgan Avenue in Milwaukee, the property provides a 2C garage along with surface parking for 3 vehicles. The combination of varied unit layouts, lower-level amenities, included appliances, and on-site parking supports a practical multifamily configuration.

Key Highlights

  • Three 3‑bedroom units and one 2‑bedroom unit
  • Lower level with additional living space, kitchenette, and full bath
  • Egress door provides access to the lower level

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Daycare Center Electrical Service Kitchen & Bath Showroom

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

303
Businesses Nearby

Demographics for 53221, WI

39,560
Population
17,126
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
4,396
Density / Sq Mi
$61,640
Median Household Income
$41,430
Median Earnings
$1,071
Median Rent
$205,500
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Three three-bedroom residences and one two-bedroom residence share lower-level space with a kitchenette and full bath.
Where is this quadplex located?
The property is located at 4031 W Morgan Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Three 3‑bedroom units and one 2‑bedroom unit; Lower level with additional living space, kitchenette, and full bath; Egress door provides access to the lower level
More about this property
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