Fully Occupied Apartment
For Sale
$499,000
761 N 25th St, Milwaukee, WI 53233
Tenant rent includes heat and electricity, and the building boiler was rebuilt approximately 7–10 years ago.
Property Size3,836 SF
Price / SF$130.08
Days on Market60
Property Features for 761 N 25th St
General Information
Standard status
Active
Size
3,836 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
12
Listing Agency:
Milwaukee Realty, Inc.
Listed By:
David Price · License #5188390
(414) 224-7200
Source:
Levelupwi
Added: Aug 16
Changed: Oct 8
Last Checked: Oct 7 at 3:17PM
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 Milwaukee Realty, Inc.
Investment Insights
Based on property information with market context.
This 12-unit apartment building is fully rented and located at 761 N 25th St in Milwaukee. Heat and electricity are included in tenant rent, providing a simple occupancy arrangement for the property’s residents. The building boiler was rebuilt approximately 7–10 years ago.
The property occupies the corner of 25th and Wells and is close to Marquette. Its established location and full occupancy provide a clear operating profile for an apartment building buyer.
The property occupies the corner of 25th and Wells and is close to Marquette. Its established location and full occupancy provide a clear operating profile for an apartment building buyer.
Key Highlights
- 12‑unit rooming house at the corner of 25th & Wells
- 100 per cent fully rented
- Heat and electricity included in rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,728
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,560
$714.6K
Cap Rate 7%
$510,400
$510.4K
Cap Rate 9%
$396,978
$397.0K
Market Conditions
NOI Build-Up for 3,836 SF
Gross rent
$67.7K $17.64/SF
− Vacancy
−$2.7K −$0.71/SF
EGI
$65.0K $16.93/SF
− OpEx
−$29.2K −$7.62/SF
NOI
$35.7K $9.31/SF
Area
Milwaukee, WI
Vacancy
4.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,560
Cap Rate 7%
$510,400
Cap Rate 9%
$396,978
Alternative Uses
Best Use
Apartment 5plus
$510.4K
$446.6K – $595.5K
NOI $35,728 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$921.8K
$806.6K – $1.08M
NOI $64,528 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 53233, WI
15,531
Population
5,531
Households
2.8
Avg Household Size
25
Median Age
17%
College-Educated
78%
High-School Grad
1.8 sq mi
ZIP Area
8,628
Density / Sq Mi
$20,306
Median Household Income
$10,060
Median Earnings
$846
Median Rent
$132,900
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Tenant rent includes heat and electricity, and the building boiler was rebuilt approximately 7–10 years ago.
Where is this apartment building located?
The property is located at 761 N 25th 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: 12‑unit rooming house at the corner of 25th & Wells; 100 per cent fully rented; Heat and electricity included in rent
