Three-Unit Residential Income
444 South 76th Street Milwaukee, WI 53214
444 South 76th Street, Milwaukee, WI, 53214
$399,900
For Sale
$399,900
Main-level 3-bedroom ranch plus two spacious 1-bedroom units, with private entries and basement storage.
Property Size2,774 SF
Price / SF$144.16
Days on Market22
Property Features for 444 South 76th Street
General Information
- Standard status
- Active
- Size
- 2,774 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1957
Listing agency
Coldwell Banker HomeSale Realty - Wauwatosa
(262) 993-5248
Listed by
Cindy Regenfuss · License #39950-94
(262) 993-5248
Source
Compass
Added: Jul 2 Updated: Jul 21 at 2:27PM Checked: Jul 22 at 7:45AM
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 Coldwell Banker HomeSale Realty - Wauwatosa
Investment Insights
Based on property information with market context.
This three-unit residential income property features a full 3-bedroom ranch on the main level, including a large living room with hardwood floors and a sound-proof ceiling, an eat-in kitchen, and a bathroom with newer tile. The main-level unit also has its own private entry to the back of the building and provides interior access to the basement. Two upper units offer spacious 1-bedroom layouts. Tenants have washer/dryer, and storage lockers are provided in the basement.
Exterior access includes an alley entrance with three exterior parking spaces. There is also a three-car garage separated into a two-car and one-car portion, and a separate two-car garage is also rented. Recent improvements include a roof from 2022, windows installed around 10 years ago, a retaining wall completed in 2025, and HVAC that was cleaned, checked, and confirmed in working order in mid-June. A new garage service door has been added.
Exterior access includes an alley entrance with three exterior parking spaces. There is also a three-car garage separated into a two-car and one-car portion, and a separate two-car garage is also rented. Recent improvements include a roof from 2022, windows installed around 10 years ago, a retaining wall completed in 2025, and HVAC that was cleaned, checked, and confirmed in working order in mid-June. A new garage service door has been added.
Key Highlights
- Full main‑level 3‑bedroom ranch with large living room with hardwood floors and sound‑proof ceiling
- Property includes two additional spacious 1‑bedroom units with private entries and access to the basement
- Basement offers laundry facilities and full basement with storage lockers for tenants
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.6k | $15.00 |
| − Vacancy | −$1.7k | −$0.63 |
| EGI | $39.9k | $14.37 |
| − OpEx | −$12.0k | −$4.31 |
| NOI | $27.9k | $10.06 |
2,774 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.6K
$348.8K – $465.1K
NOI $27,904 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$369.1K
$323.0K – $430.6K
NOI $25,837 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$666.6K
$583.3K – $777.7K
NOI $46,663 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Main-level 3-bedroom ranch plus two spacious 1-bedroom units, with private entries and basement storage.
Where is this triplex located?
The property is located at 444 South 76th Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Full main‑level 3‑bedroom ranch with large living room with hardwood floors and sound‑proof ceiling; Property includes two additional spacious 1‑bedroom units with private entries and access to the basement; Basement offers laundry facilities and full basement with storage lockers for tenants
