Four-Unit Multifamily Building with
New
For Sale
$325,000
8009 W Hampton Ave, Milwaukee, WI 53218
Each residence offers a one-bedroom, one-bathroom layout, with vehicle storage provided by a detached garage.
Property Size2,700 SF
Days on Market4
Property Features for 8009 W Hampton Ave
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Building Details
Building Size
2,700 SF
Year Built
1963
Buildings
1
Listing Agency:
Juniper Realty Group LLC
Listed By:
Aaron Konop · License #60073-90
(262) 825-2296
Source:
Sewartgroup
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:39AM
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 Juniper Realty Group LLC
Investment Insights
Based on property information with market context.
This 1963 multifamily property contains four residences, each configured with one bedroom and one bathroom. A three-car garage serves the building, with vehicle access from the alley.
The property is in Milwaukee’s Columbus Park neighborhood.
The property is in Milwaukee’s Columbus Park neighborhood.
Key Highlights
- Four one‑bedroom, one‑bathroom residences
- Three‑car garage with alley entrance
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,628
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,560
$572.6K
Cap Rate 7%
$408,971
$409.0K
Cap Rate 9%
$318,089
$318.1K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$43.7K $16.20/SF
− Vacancy
−$2.8K −$1.05/SF
EGI
$40.9K $15.15/SF
− OpEx
−$12.3K −$4.54/SF
NOI
$28.6K $10.60/SF
Area
ZIP 53218
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,560
Cap Rate 7%
$408,971
Cap Rate 9%
$318,089
Alternative Uses
Best Use
Multifamily LT 5
$409.0K
$357.9K – $477.1K
NOI $28,628 @ 7.0% cap · market cap 8.81%
Second Best
Apartment 5plus
$366.9K
$321.0K – $428.1K
NOI $25,683 @ 7.0% cap · market cap 7.90%
Theoretical Best
Warehouse
$2.05M
$1.79M – $2.39M
NOI $143,262 @ 7.0% cap · market cap 44.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 53218, WI
38,488
Population
15,971
Households
2.4
Avg Household Size
31
Median Age
10%
College-Educated
83%
High-School Grad
5.9 sq mi
ZIP Area
6,523
Density / Sq Mi
$42,207
Median Household Income
$33,622
Median Earnings
$1,034
Median Rent
$122,200
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?
Quadplex - Each residence offers a one-bedroom, one-bathroom layout, with vehicle storage provided by a detached garage.
Where is this quadplex located?
The property is located at 8009 W Hampton Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom residences; Three‑car garage with alley entrance; Built in 1963
