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    4842 Lisbon Ave Milwaukee, WI 53210

    For Sale
    $450,000

    High-yield, fully leased 3-unit building.

    Property size:
    3,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional investment opportunity in Milwaukee's Uptown neighborhood presents a fully leased, three-unit mixed-use building at 4842 W Lisbon Ave, Milwaukee, WI 53210. This 3,284 square foot property, built in 1924, sits on a 0.07-acre lot and boasts a strong 8.43% cap rate, generating a net operating income (NOI) of $37,924. The building features two fully leased residential units upstairs and a leased commercial space on the main level, ensuring 100% occupancy. The property is constructed of masonry and benefits from high traffic volume (31,800 vehicles per day). Zoned for local commercial use (APN: 3281211000), this property offers significant potential for future appreciation in a developing area. 2023 real estate taxes totaled $3,102.57. The asking price is $450,000. This is a rare chance to acquire a stable, high-performing investment property in a prime Milwaukee location. Don't miss this opportunity to add a strong performer to your portfolio.

    Property Features for 4842 Lisbon Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,284 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1924
    Units
    3

    HighLights

    • Asking Price: $450,000
    • Mixed‑use property with three units, 100% occupied, generating a strong NOI of $37,924 and an 8.43% cap rate.
    • 3,284 square feet on a 0.07‑acre lot in Milwaukee, WI.
    • Built in 1924, with masonry construction and Local Commercial zoning.
    • Property located at 4842 W Lisbon Ave, Milwaukee, WI 53210 (APN: 3281211000), situated in a developing neighborhood with high traffic volume (31,800 VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.974853
    Latitude
    43.061784

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield, fully leased 3-unit building.
    Where is this mixed-use property located?
    The property is located at 4842 Lisbon Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Asking Price: $450,000; Mixed-use property with three units, 100% occupied, generating a strong NOI of $37,924 and an 8.43% cap rate.; 3,284 square feet on a 0.07-acre lot in Milwaukee, WI.
    (414) 276-5285
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    4842 Lisbon Ave Milwaukee, WI 53210
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    Milwaukee, WI 53210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4842 Lisbon Ave Milwaukee, WI 53210
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