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    2033 Vienna Ave Milwaukee, WI 53206

    Sponsored
    For Sale
    $89,900

    Excellent Investment Opportunity: Two-Unit Milwaukee Property

    Property size:
    1,893 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This charming two-unit apartment building, located at 2033 W Vienna Ave in Milwaukee, Wisconsin, presents a fantastic investment opportunity. Built in 1900, this 1,893 square foot property sits on a 0.12-acre lot and features two stories. Currently generating rental income with long-term tenants paying $775 and $785 per month respectively, this property offers immediate cash flow. The building is zoned RT3, providing flexibility for future development or renovations. The property's age suggests potential for value appreciation through strategic improvements and upgrades. The address is conveniently located in Milwaukee, Wisconsin, zip code 53206, offering easy access to local amenities and transportation. This is an ideal entry point for investors seeking a stable, income-producing asset in a desirable location. The asking price is $89,900, representing a compelling value for a multifamily property in this market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's solid construction and established rental history make it a low-risk, high-reward investment prospect. This is a rare chance to acquire a well-situated, income-generating property in a thriving Milwaukee neighborhood. Don't miss out on this chance to build your investment portfolio.

    Property Features for 2033 Vienna Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,893 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1900
    Stories
    2
    Units
    2

    HighLights

    • Two‑unit apartment building in Milwaukee, WI, offering immediate cash flow.
    • 1,893 sq ft building on a 0.12‑acre lot, built in 1900.
    • Monthly rental income of $775 and $785 from long‑term tenants.
    • Zoned RT3, allowing for future development or renovations.
    • Asking price: $89,900.
    Property Profile 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 Clothing Store Building Supply 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
    -87.9381997
    Latitude
    43.085878

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    FAQs

    What type of property is this?
    Multifamily property - Excellent Investment Opportunity: Two-Unit Milwaukee Property
    Where is this multifamily property located?
    The property is located at 2033 Vienna Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: Two-unit apartment building in Milwaukee, WI, offering immediate cash flow.; 1,893 sq ft building on a 0.12-acre lot, built in 1900.; Monthly rental income of $775 and $785 from long-term tenants.
    Request Owner's contact information
    2033 Vienna Ave Milwaukee, WI 53206
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    Milwaukee, WI 53206
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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
    2033 Vienna Ave Milwaukee, WI 53206
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