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Brick Apartment Building with 8 Units
For Sale
$799,900

7871 North 60th Street Unit 7873, Milwaukee, WI 53223

Brick 8-unit multifamily property with four one-bedroom and four two-bedroom units.

Property Size21,780 SF
Price / SF$36.73
Days on Market170

Property Features for 7871 North 60th Street Unit 7873

General Information

Standard status Active
Size 21,780 SF
Property subtype Multi-Family / Multi-Family
Net Operating Income $36,467

Additional Details

Multifamily Units 8

Amenities

Block, Full, Yes
Brick

Building Details

Year Built 1971
Listing Agency: Keller Williams-MNS Wauwatosa
Listed By: Holly T Speranza · License #56826-90
Source: Compass
Added: Feb 22 Changed: Aug 8 Last Checked: Jul 21 at 3:09AM

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 Keller Williams-MNS Wauwatosa

Investment Insights

Based on property information with market context.

This brick apartment building offers eight total residential units, laid out as four one-bedroom units and four two-bedroom units. Several units have been updated with new paint, flooring, cabinets, and fixtures.

The property is presented as an investment opportunity in Milwaukee’s Bradley Estates neighborhood, with in-place rental income supported by reliable tenants and additional opportunity for future rent growth.

From a tenant-mix standpoint, the building provides a straightforward combination of one- and two-bedroom layouts, supported by the noted unit updates that help maintain the rental-ready interiors.

Key Highlights

  • Brick 8‑unit multifamily building built in 1971
  • Unit mix: 4 one‑bedroom units and 4 two‑bedroom units
  • Basement: block, full basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Pharmacy Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

Demographics for 53223, WI

28,884
Population
13,436
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
2,918
Density / Sq Mi
$60,477
Median Household Income
$44,625
Median Earnings
$1,071
Median Rent
$184,300
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?
Apartment building - Brick 8-unit multifamily property with four one-bedroom and four two-bedroom units.
Where is this apartment building located?
The property is located at 7871 North 60th Street Unit 7873 Milwaukee, WI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Brick 8‑unit multifamily building built in 1971; Unit mix: 4 one‑bedroom units and 4 two‑bedroom units; Basement: block, full basement
More about this property
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