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4-Unit Multifamily Property
New
For Sale
$279,900

4180 N 19th Pl, Milwaukee, WI 53209

Milwaukee, WI

Property Size2,666 SF
Lot Size0.20 Acres
Price / SF$104.99
Days on Market6

Property Features for 4180 N 19th Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM1
Elementary school district Milwaukee
Middle school district Milwaukee
High school district Milwaukee
Directions Capitol Dr to N 19th St, north to property.
Standard status Active
APN 2441045000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4058

Building Details

Year built 1942
Listing Agency: Keller Williams-MNS Wauwatosa · Keller Williams Realty
Listed By: Holly Speranza · License #56826
Added: Oct 9 Last Checked: Oct 14 at 2:06AM
MLS# 1984109

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.

This four-unit multifamily property at 4180 N 19th Pl in Milwaukee was built in 1942. The residences are configured with one bedroom and one bathroom apiece, and the parcel encompasses 0.2 acres. Zoning is RM1.

Parks, schools, and public transportation are identified among the nearby amenities.

Key Highlights

  • Four residences, each with one bedroom and one bathroom
  • Built in 1942
  • 0.2‑acre parcel

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 (±1% cap)
NOI $27,639 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$367.0K
$321.1K – $428.2K (±1% cap)
NOI $25,691 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$640.7K
$560.6K – $747.4K (±1% cap)
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

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

449
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has one bedroom and one bathroom.
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 residences, each with one bedroom and one bathroom; Built in 1942; 0.2‑acre parcel
More about this property
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