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Brick 4-Unit Quadplex with Garages
For Sale
$549,900

4276 S 14th St, Milwaukee, WI 53221

Four apartments feature private garages, secure storage, exterior access, and spacious two-bedroom layouts.

Property Size3,600 SF
Price / SF$152.75
Days on Market49

Property Features for 4276 S 14th St

General Information

Standard status Active
Size 3,600 SF
Total Parking Spaces 4
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 1

Amenities

private lower level secure storage
side doors to outside space

Building Details

Year Built 1978
Buildings 1
Construction brick
Listing Agency: Homeowners Concept
Listed By: Jacqueline Salemme · License #5021194
Source: Levelupwi
Added: Aug 29 Changed: Oct 2 Last Checked: Oct 7 at 3:11PM

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 Homeowners Concept

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Investment Insights

Based on property information with market context.

Built in 1978, this 3,600-square-foot brick quadplex contains four apartments, each with two large bedrooms, a full bath, a living room, and a spacious kitchen with a breakfast area. Every residence has a private exterior entrance, a single-car garage, and secure lower-level storage. Air-conditioning sleeves are provided in each unit, while residents own their washers and dryers. Kitchen appliances include an oven/range and refrigerator in each apartment.

The property has remained fully occupied since it was built, with two residents having occupied their homes for 30 years. The lower level and garages are available for review during the first showing, along with the main-floor apartment.

Key Highlights

  • 3,600‑square‑foot brick quadplex built in 1978
  • Four apartments with two large bedrooms and one full bath each
  • Private single‑car garage and secure lower‑level storage for every residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,579
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,580 $771.6K
Cap Rate 7%
$551,129 $551.1K
Cap Rate 9%
$428,656 $428.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$58.3K $16.20/SF
− Vacancy
−$3.2K −$0.89/SF
EGI
$55.1K $15.31/SF
− OpEx
−$16.5K −$4.59/SF
NOI
$38.6K $10.72/SF
Area
ZIP 53221
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,580
Cap Rate 7%
$551,129
Cap Rate 9%
$428,656

Alternative Uses

Best Use
Multifamily LT 5
$551.1K
$482.2K – $643.0K (±1% cap)
NOI $38,579 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$489.2K
$428.1K – $570.7K (±1% cap)
NOI $34,244 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$2.73M
$2.39M – $3.18M (±1% cap)
NOI $191,016 @ 7.0% cap · market cap 34.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

285
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments feature private garages, secure storage, exterior access, and spacious two-bedroom layouts.
Where is this quadplex located?
The property is located at 4276 S 14th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 3,600‑square‑foot brick quadplex built in 1978; Four apartments with two large bedrooms and one full bath each; Private single‑car garage and secure lower‑level storage for every residence
More about this property
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