Building Details

Year Built 1961

Year Renovated 2024

Units 8

Tenancy Multi

Listing Agency: SNSHN Realty LLC

Listed By: Anna Cihla · License #5965690 Show Phone

Source: Crexi

Added: May 20 Changed: Aug 8 Last Checked: Jul 24 at 4:43PM

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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 SNSHN Realty LLC

Investment Insights

Based on property information with market context.

This well-maintained eight-unit apartment building offers a mix of updated interiors and several revenue-generating amenities. Recent capital improvements include a new roof in 2019, white vinyl thermal seal windows installed in 2023, and new furnaces completed in 2024. Multiple units have been updated in recent years with LVP flooring, refreshed kitchens, paint, and bathroom improvements.

Tenants are responsible for gas, electric, heat, and water, which can help keep operating expenses controlled. One unit is currently vacant and ready for immediate occupancy. Additional on-site conveniences include coin-operated laundry, storage units, and outdoor parking spaces.

From a practical standpoint, the property is set up for day-to-day tenant use with in-building laundry and storage, while the outdoor parking supports resident parking needs. Updates to building systems and select interior improvements further support the property’s ongoing functionality and maintenance profile.

Key Highlights

• Well‑maintained 8‑unit multifamily built in 1961 with current rents totaling $6,970/month and tenant‑paid gas, electric, heat, and water
• Major upgrades: new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024)
• One unit is vacant and ready for immediate occupancy, supporting in‑place and potential rent growth

Property Analytics

Property Profile

Current Use

Lantae Automotive Repair ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency HVAC Service Dental Office Gym & Fitness Center Skin Care Clinic Electrical Service

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

424

Businesses Nearby

Explore this area Business Placement

Demographics for 53225, WI

25,138

Population

11,019

Households

2.3

Avg Household Size

33

Median Age

22%

College-Educated

91%

High-School Grad

7.0 sq mi

ZIP Area

3,591

Density / Sq Mi

$54,433

Median Household Income

$40,463

Median Earnings

$1,094

Median Rent

$174,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Well-maintained eight-unit multifamily with recent roof, window, and furnace upgrades and on-site laundry plus outdoor parking.

Where is this apartment building located?

The property is located at 8708 W Villard Ave Milwaukee, WI.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Well‑maintained 8‑unit multifamily built in 1961 with current rents totaling $6,970/month and tenant‑paid gas, electric, heat, and water; Major upgrades: new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024); One unit is vacant and ready for immediate occupancy, supporting in‑place and potential rent growth