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    1200 Lincoln Ave Milwaukee, WI 53215

    Sponsored
    For Sale
    $1,075,000

    14-Unit Apartment Building, Milwaukee

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a stabilized, Class B multifamily property located at 1200-1208 W Lincoln Avenue in Milwaukee, Wisconsin, 53215. The three-story building, constructed in 1930, boasts 14 units: 11 spacious residential apartments and three commercial spaces currently occupied by long-term tenants (Metro by T-Mobile, a staffing agency, and a flower shop). The property enjoys 100% occupancy, offering immediate cash flow. Each unit commands a price of $76,785.71, contributing to the attractive asking price of $1,075,000. The building features 12 parking spaces located behind the structure for added convenience. Its prime location in Lincoln Village offers proximity to Kosciuszko Park and the Basilica of Saint Josaphat, enhancing its appeal and potential for future growth. This mixed-use property represents a compelling investment opportunity in a desirable Milwaukee neighborhood. The property's strong tenant base and established income stream make it an ideal addition to any portfolio.

    Property Features for 1200 Lincoln Ave

    General Information

    Property type
    Multifamily properties
    Class
    B

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    3
    Units
    14

    HighLights

    • Eleven residential apartments and three commercial spaces with long‑term leases (Metro by T‑Mobile, staffing firm, florist).
    • Excellent Lincoln Village location, near Kosciuszko Park and Basilica of Saint Josaphat.
    • Property features 11 large residential units, 3 commercial units, and 12 off‑street parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chet & Leona's Floral ... Florist

    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
    -87.9275165
    Latitude
    43.00287645

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    FAQs

    What type of property is this?
    Multifamily property - 14-Unit Apartment Building, Milwaukee
    Where is this multifamily property located?
    The property is located at 1200 Lincoln Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: Eleven residential apartments and three commercial spaces with long-term leases (Metro by T-Mobile, staffing firm, florist).; Excellent Lincoln Village location, near Kosciuszko Park and Basilica of Saint Josaphat.; Property features 11 large residential units, 3 commercial units, and 12 off-street parking spaces.
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    1200 Lincoln Ave Milwaukee, WI 53215
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    Milwaukee, WI 53215
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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
    1200 Lincoln Ave Milwaukee, WI 53215
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