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4-Unit Brick Quadplex
For Sale
$649,900

N84W15464 Menomonee Ave, Menomonee Falls, WI 53051

Three residences feature renovated interiors, and tenants cover all utility costs across the property.

Property SizeContact for details
Days on Market21

Property Features for N84W15464 Menomonee Ave

General Information

Standard status Active
Property subtype Multi Family Home
Zoning RES

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Building Details

Year Built 1961
Construction brick
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Emily Paige & Co. Team*
Source: Defererealestate
Added: Oct 15 Changed: Oct 29 Last Checked: Nov 3 at 6:41AM

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 Keller Williams Realty-Milwaukee Southwest

Rey
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Investment Insights

Based on property information with market context.

Built in 1961, this brick quadplex contains four two-bedroom, one-bathroom apartments. Three units have been renovated with laminate flooring and stainless steel appliances. Property updates include a newer roof, new gutters, updated water heaters and newer central air units. All four apartments are rented, with tenants responsible for utilities. The property is zoned RES.

The Menomonee Falls address is near shopping, dining and parks, with access to major roadways and the greater Milwaukee area.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Three units renovated with laminate flooring and stainless steel appliances
  • All four units rented; tenants pay utilities

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 53051, WI

38,562
Population
16,972
Households
2.3
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
1,158
Density / Sq Mi
$98,423
Median Household Income
$60,331
Median Earnings
$1,257
Median Rent
$341,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three residences feature renovated interiors, and tenants cover all utility costs across the property.
Where is this quadplex located?
The property is located at N84W15464 Menomonee Ave Menomonee Falls, WI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Three units renovated with laminate flooring and stainless steel appliances; All four units rented; tenants pay utilities
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