Four-Unit Brick Building with New
8636 West Congress Street Milwaukee, WI 53225
8636 West Congress Street, Milwaukee, WI, 53225
$419,900
For Sale
$419,900
Four-unit brick income property with recent roof, windows, landscaping, and basement plus large garage and parking slab.
Property Size3,664 SF
Price / SF$114.60
Days on Market123
Property Features for 8636 West Congress Street
General Information
- Standard status
- Active
- Size
- 3,664 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1960
Listing agency
Jason Scott Realty & Management, LLC
(414) 467-8665
Listed by
Jason Fernhaber · License #52084-90
(414) 467-8665
Source
Compass
Added: Mar 23 Updated: Jul 22 at 10:17PM Checked: Jul 22 at 10:17PM
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 Jason Scott Realty & Management, LLC
Investment Insights
Based on property information with market context.
This four-unit brick building is configured as a residential income property and includes a full basement. The exterior has been updated with a new roof and newer windows, and the landscaping has been improved. The property also features a large garage and a parking slab to support on-site parking needs.
All units are market and currently occupied.
Additional features include a well-kept interior with basement space, providing practical storage and utility area for each unit.
All units are market and currently occupied.
Additional features include a well-kept interior with basement space, providing practical storage and utility area for each unit.
Key Highlights
- Brick 4‑unit retail property built in 1960
- Recent roof, windows, and landscaping
- Full block basement
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 | $55.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.63 |
| EGI | $52.7k | $14.37 |
| − OpEx | −$15.8k | −$4.31 |
| NOI | $36.9k | $10.06 |
3,664 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$526.5K
$460.7K – $614.3K
NOI $36,856 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$487.5K
$426.6K – $568.8K
NOI $34,126 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$880.5K
$770.4K – $1.03M
NOI $61,634 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit brick income property with recent roof, windows, landscaping, and basement plus large garage and parking slab.
Where is this quadplex located?
The property is located at 8636 West Congress Street Milwaukee, WI.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Brick 4‑unit retail property built in 1960; Recent roof, windows, and landscaping; Full block basement
