Four-Unit Apartment
New
For Sale
$279,900
4180 N 19th Pl, Milwaukee, WI 53209
Four separate one-bedroom residences provide a compact multifamily configuration.
Property Size2,666 SF
Price / SF$104.99
Days on Market6
Property Features for 4180 N 19th Pl
General Information
Standard status
Active
Size
2,666 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Building Details
Building Size
2,666 SF
Year Built
1942
Listing Agency:
Keller Williams-MNS Wauwatosa
Listed By:
Holly Speranza · License #56826-90
(414) 517-3387
Source:
Sewartgroup
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 2:29AM
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 Keller Williams-MNS Wauwatosa
Investment Insights
Based on property information with market context.
This multifamily property contains approximately 2,666 square feet arranged as four separate living spaces, each with one bedroom and one bathroom. Built in 1942, the building offers a four-unit residential layout.
The property is in Milwaukee, near parks, schools, and public transportation.
The property is in Milwaukee, near parks, schools, and public transportation.
Key Highlights
- Four separate residences, each with 1 bedroom and 1 bathroom
- Approximately 2,666 square feet
- Built in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,691
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,820
$513.8K
Cap Rate 7%
$367,014
$367.0K
Cap Rate 9%
$285,456
$285.5K
Market Conditions
NOI Build-Up for 2,666 SF
Gross rent
$49.6K $18.60/SF
− Vacancy
−$2.9K −$1.08/SF
EGI
$46.7K $17.52/SF
− OpEx
−$21.0K −$7.88/SF
NOI
$25.7K $9.64/SF
Area
ZIP 53209
Vacancy
5.80%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,820
Cap Rate 7%
$367,014
Cap Rate 9%
$285,456
Alternative Uses
Best Use
Multifamily LT 5
$394.8K
$345.5K – $460.7K
NOI $27,639 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$367.0K
$321.1K – $428.2K
NOI $25,691 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$640.7K
$560.6K – $747.4K
NOI $44,846 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Explore this area
Business Placement
Demographics for 53209, WI
44,586
Population
21,466
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,090
Density / Sq Mi
$45,288
Median Household Income
$33,854
Median Earnings
$980
Median Rent
$150,200
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate one-bedroom residences provide a compact multifamily configuration.
Where is this quadplex located?
The property is located at 4180 N 19th Pl Milwaukee, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Four separate residences, each with 1 bedroom and 1 bathroom; Approximately 2,666 square feet; Built in 1942
