7328 W Honey Creek Dr, Milwaukee, WI 53219
MULTI_FAMILY - Milwaukee, WI
- Added:
- Jun 29, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 5 at 1:06 am
Property Features for 7328 W Honey Creek Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Standard status
- Active
- APN
- 5281115000
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9854
Building Details
- Year built
- 1959
Listing agent Jim Geracie License #24429-90 (262) 901-0825
Listing office Realty Executives Integrity~Brookfield 13005 W Bluemound Rd, Brookfield, WI (262) 783-7080
Listing date Jun 29, 2026
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick 4‑family building built in 1959 with approximately 4,000+ SF per city
- 3.5‑car garage with a side driveway
- Each unit features large kitchens with built‑in cooktops and ovens, plus built‑in china cabinets
- Ceramic‑tiled baths
- High‑efficiency furnaces with 1 central A/C unit
- Low‑maintenance exterior with aluminum soffit and fascia
Overview
The property is located at 7328 W Honey Creek Dr in Milwaukee, Wisconsin. The site sits on a 0.23-acre lot and includes a 3.5-car garage with a side driveway, providing dedicated parking and straightforward access for residents.
For buyers seeking a residential rental setup or an owner-occupant option, this configuration offers four separate units within one low-maintenance, brick building. The combination of built-in kitchen features, ceramic tile baths, and established heating and cooling infrastructure may appeal to tenants looking for comfortable living spaces while giving owners a practical, turnkey framework for day-to-day operation.
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 | $60.0k | $15.00 |
| − Vacancy | −$2.7k | −$0.68 |
| EGI | $57.3k | $14.33 |
| − OpEx | −$17.2k | −$4.30 |
| NOI | $40.1k | $10.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.00404
- Latitude
- 42.98618