Updated Townhome
For Sale
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8828 W Howard Ave, Milwaukee, WI 53228
Three townhomes include finished basements, garage spaces, and additional off-street parking.
Property Size3,840 SF
Days on Market145
Property Features for 8828 W Howard Ave
General Information
Standard status
Active
Size
3,840 SF
Total Parking Spaces
6
Property subtype
Multifamily
Net Operating Income
$46,561
Financials
Asking Price
$663,900
Cap Rate
7.01%
Gross Income
$59,280
Units
Unit Mix
2 x 3BR/1.5BA, 1 x 2BR/1.5BA
Multifamily Units
3
Listing Agency:
STANDARD REAL ESTATE SERVICES
Listed By:
Matt Trenkle · License #53924-90
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:08PM
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 STANDARD REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This three-unit townhome property provides 3,840 sq ft of Gross Leaseable Area across two 3-bedroom/1.5-bathroom units and one 2-bedroom/1.5-bathroom unit. Each townhome includes a finished basement, while the property also offers 3 garage spaces and 3 additional off-street surface parking spaces.
The improvements have undergone extensive updating, including a replaced roof, LowE/Argon windows, exterior and interior doors, flooring, appliances, kitchen finishes, bathroom vanities, LED lighting, water heater, sump pump, and garage components. Additional work addressed drainage, grading, retaining walls, insulation, ventilation, electrical service, and basement finishes. The property includes 12 newer appliances, a snowblower, and a lawnmower. Reported operating metrics include a 7.01% cap rate.
The improvements have undergone extensive updating, including a replaced roof, LowE/Argon windows, exterior and interior doors, flooring, appliances, kitchen finishes, bathroom vanities, LED lighting, water heater, sump pump, and garage components. Additional work addressed drainage, grading, retaining walls, insulation, ventilation, electrical service, and basement finishes. The property includes 12 newer appliances, a snowblower, and a lawnmower. Reported operating metrics include a 7.01% cap rate.
Key Highlights
- Three‑unit townhome property with 3,840 sq ft of Gross Leaseable Area
- Two 3‑bedroom/1.5‑bathroom townhomes plus one 2‑bedroom/1.5‑bathroom townhome
- Finished basements in all three units
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 53228, WI
15,341
Population
7,180
Households
2.1
Avg Household Size
45
Median Age
36%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
2,950
Density / Sq Mi
$75,288
Median Household Income
$54,006
Median Earnings
$1,220
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three townhomes include finished basements, garage spaces, and additional off-street parking.
Where is this triplex located?
The property is located at 8828 W Howard Ave Milwaukee, WI.
What are key features of this property?
This property features: Three‑unit townhome property with 3,840 sq ft of Gross Leaseable Area; Two 3‑bedroom/1.5‑bathroom townhomes plus one 2‑bedroom/1.5‑bathroom townhome; Finished basements in all three units
