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    Milwaukee Multi-Family Development Opportunity Title is generated by Realmo AI

    8621 N Granville Rd, Milwaukee, WI 53224

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    Claim this Listing
    For Sale
    $154,900

    Multi-Family - Milwaukee, WI

    Lot size:
    0.43 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 12 at 10:06 am

    Property Features for 8621 N Granville Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM1
    Parking features
    Carport
    Standard status
    Active
    APN
    0409970000
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2730

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas

    Building Details

    Year built
    1948
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Nicholas Efferson

    Listing agent Nicholas Efferson License #89805-94

    Listing office Keller Williams Realty-Milwauk 205 E. Silver Spring Dr., Glendale, WI 53217, Whitefish Bay, WI

    Listing date Apr 22, 2026

    MLS# 1958955 Listing URL

    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

    • Large 0.5 acre lot zoned for an additional unit up to 1,300 sqft.
    • New roof (2024), furnace (2025), windows (2025), kitchen/bath (2021) and plumbing (2025).
    • Currently a rental property generating $1,400/month with potential for increased rent.
    • Located in a high rental demand area near businesses with a history of appreciation.
    • Opportunity for multi‑family development or lot subdivision (with variance).
    • Can be delivered vacant.

    Overview

    This property presents an opportunity for homeowners, investors, and developers. Currently operating as an upgraded Cape Cod rental, the 2-bedroom property is situated on a nearly 0.5 acre lot. Zoned RM1, the lot allows for an additional unit up to 1,300 square feet. The current rental income is $1,400 per month, with a scheduled increase in June. Located in a neighborhood with high rental demand due to its proximity to numerous businesses, the area has a history of appreciation. Upgrades to the property include a new roof (2024), furnace (2025), windows (2025), kitchen and bath (2021), gravel driveway (2025), and plumbing (2025). The property may be suitable for multi-family development or subdivision with variance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.041985
    Latitude
    43.174201

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with rental income and development potential in Milwaukee.
    Where is this residential land & home lot located?
    The property is located at 8621 N Granville Rd Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $154,900.
    What are key features of this property?
    This property features: Large 0.5 acre lot zoned for an additional unit up to 1,300 sqft.; New roof (2024), furnace (2025), windows (2025), kitchen/bath (2021) and plumbing (2025).; Currently a rental property generating $1,400/month with potential for increased rent.
    (414) 962-3605
    We can help!
    Listing Contact
    Nicholas Efferson
    Real Estate License ID: 89805-94
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