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8-Unit Brick Apartment Building
New
For Sale
$499,000

4720 N 37th St, Milwaukee, WI 53209

Each apartment has one bedroom, a stove, and a refrigerator; the three-story property is in Milwaukee’s Old North Milwaukee neighborhood.

Property Size6,880 SF
Lot Size0.17 Acres
Price / SF$72.53
Days on Market6

Property Features for 4720 N 37th St

General Information

Standard status Active
Size 6,880 SF
Lot size 0.17 Acres
Property subtype Multi-Family

Units

Unit Mix 8 x one-bedroom
Multifamily Units 8

Additional Details

Utilities to Site Yes

Amenities

stove
refrigerator

Building Details

Year Built 1929
Buildings 1
Stories 3
Construction brick
Listing Agency: Smart Asset Realty Inc
Listed By: Adam McCarthy · License #58319-90
Source: Sewartgroup
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 10:14PM

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 Smart Asset Realty Inc

Investment Insights

Based on property information with market context.

This three-story brick apartment building contains eight one-bedroom units, each equipped with a stove and refrigerator. The property has approximately 6,880 square feet of living space on a 0.169-acre lot and was built in 1929. Architect John Topzant designed the building in a Spanish Colonial Revival style.

In Milwaukee’s Old North Milwaukee neighborhood, the property is about five miles north of downtown and near shops, schools, and everyday services. For leased units, the owner pays water, sewer, and trash expenses.

Key Highlights

  • Eight one‑bedroom apartments, each with a stove and refrigerator
  • Approximately 6,880 square feet of living space on a 0.169‑acre lot
  • Three‑story brick building constructed in 1929

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Electrical Service 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

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

360
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
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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?
Apartment building - Each apartment has one bedroom, a stove, and a refrigerator; the three-story property is in Milwaukee’s Old North Milwaukee neighborhood.
Where is this apartment building located?
The property is located at 4720 N 37th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Eight one‑bedroom apartments, each with a stove and refrigerator; Approximately 6,880 square feet of living space on a 0.169‑acre lot; Three‑story brick building constructed in 1929
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