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3-Unit Multifamily Property
For Sale
$300,000

500 W Arthur Avenue, Milwaukee, WI 53207

Historic residential income property offering varied one-, two-, and four-bedroom floor plans near Downtown Milwaukee and Lake Michigan.

Property SizeContact for details
Days on Market13

Property Features for 500 W Arthur Avenue

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Asking Price $1,700,000
Multifamily Units 18

Building Details

Buildings 4
Listing Agency: Apartment Cash Flow, Inc.
Listed By: Max Fiascone · License #11445994
Source: Exprealty
Added: Jul 30 Changed: Aug 5 Last Checked: Aug 10 at 8:05AM

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 Apartment Cash Flow, Inc.

Investment Insights

Based on property information with market context.

This 3-unit multifamily property was constructed in 1909 and provides 2,409 net rentable SF across a varied unit mix. Floor plans include one-, two-, and four-bedroom residences, creating a diversified configuration within a compact residential income asset.

The property is situated near Downtown Milwaukee and Lake Michigan. It is being offered as part of an 18-unit, four-property portfolio and is not available for individual acquisition. The companion assets are located on S 13th St, S 17th St, and S 20th St.

Key Highlights

  • 3‑unit multifamily building constructed in 1909
  • 2,409 net rentable SF
  • Unit mix includes 1-, 2-, and 4‑bedroom floor plans

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Historic residential income property offering varied one-, two-, and four-bedroom floor plans near Downtown Milwaukee and Lake Michigan.
Where is this triplex located?
The property is located at 500 W Arthur Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 3‑unit multifamily building constructed in 1909; 2,409 net rentable SF; Unit mix includes 1-, 2-, and 4‑bedroom floor plans
More about this property
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