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8-Unit Apartment Building
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718 W Grange Avenue, Milwaukee, WI 53221

Apartment building with garage parking, storage lockers, and coin-operated laundry serving both floors.

Property SizeContact for details
Days on Market5

Property Features for 718 W Grange Avenue

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: The Hub Realty
Listed By: Hunter Spear · License #59261-90
Source: Crexi
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 18 at 7:36AM

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 The Hub Realty

Investment Insights

Based on property information with market context.

Located at 718 W Grange Avenue in Milwaukee, this 11,353-square-foot apartment building contains eight units. The configuration includes five 2BR/1.5BA apartments and three 3BR/2BA apartments, with one unit currently vacant and the remaining apartments offered on month-to-month arrangements.

The property includes seven indoor garage spaces, 10 surface parking spaces, tenant storage lockers, and coin-operated laundry on both floors. These shared-use features are currently not separately charged. The building also provides a varied unit mix, on-site parking, and dedicated storage amenities within the existing improvements.

Key Highlights

  • 8‑unit apartment building totaling 11,353 SF
  • Unit mix includes (5) 2BR/1.5BA and (3) 3BR/2BA apartments
  • 7 indoor garage spaces plus 10 surface parking spaces

Property Analytics

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Current Use

All Around Athletics Clothing & Fashion Store

Suggested Use

Top Pick HVAC Service Hair Salon Electrical Service Real Estate Agency Spa & Massage Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
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
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 - Apartment building with garage parking, storage lockers, and coin-operated laundry serving both floors.
Where is this apartment building located?
The property is located at 718 W Grange Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8‑unit apartment building totaling 11,353 SF; Unit mix includes (5) 2BR/1.5BA and (3) 3BR/2BA apartments; 7 indoor garage spaces plus 10 surface parking spaces
(262) 745-3864 Call to check price and availability
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