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Marquette University Multifamily Property

936 N 15th St Milwaukee, WI 53233

936 N 15th St, Milwaukee, WI, 53233
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Multifamily property near Marquette University, Milwaukee, WI.

Property Size80,165 SF
Price / SF$138.46
AddedMay 25
Days on Market53
Last RefreshJul 15 at 2:05 pm

Property Features for 936 N 15th St

General Information

Standard status
Active
Size
80,165 SF
Property subtype
Multifamily

Listing office Kiser Group

Listing date May 25, 2026

Source Crexi

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 Kiser Group


Investment Insights

Based on property information with market context.

This multifamily property, located near Marquette University in Milwaukee, Wisconsin, offers 80,165 square feet of space. It is suitable for residential income purposes and can be classified as an apartment building.

Key Highlights

  • Proximity to Marquette University

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $1.41M $17.64
− Vacancy −$56.6k −$0.71
EGI $1.36M $16.93
− OpEx −$610.9k −$7.62
NOI $746.7k $9.31
80,165 SF · lease $17.64/SF/yr · vacancy 4.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$10.67M
$9.33M – $12.44M (±1% cap)
NOI $746,650 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.26M
$16.86M – $22.48M (±1% cap)
NOI $1,348,504 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

modern living sewing ... General Contractor Marquee Place Student Housing Center 6 Tool Baseball ... Training Center Closed Storage Facility

Suggested Use

Garden Center (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop Pet Store Tanning Salon Pet Store & Service (Bike/Boat/Book/etc) Store Florist Barber Shop

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

FAQs

What type of property is this?
Apartment building - Multifamily property near Marquette University, Milwaukee, WI.
Where is this apartment building located?
The property is located at 936 N 15th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: Proximity to Marquette University
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