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Brick Quadplex with Four Units

N84w15464 Menomonee Ave, Menomonee Falls, WI 53051

For Sale
$649,900

All apartments are rented, with tenants responsible for their own utilities.

Property SizeContact for details
Days on Market50

Property Features for N84w15464 Menomonee Ave

General Information

Standard status Active
Property subtype Multi-Family

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: Viewhomesinwisconsin
Added: Sep 22 Changed: Nov 8 Last Checked: Nov 8 at 6:47AM

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 apartments, each configured with 2 bedrooms and 1 bathroom. Three units have updated laminate flooring and stainless steel appliances. Property improvements include a newer roof and central air units, new gutters, and updated water heaters. All four apartments are rented, and tenants pay the utilities.

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

Key Highlights

  • Four rented apartments, each with 2 bedrooms and 1 bathroom
  • Brick construction; built in 1961
  • Three units updated with laminate flooring and stainless steel appliances

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
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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 - All apartments are rented, with tenants responsible for their own utilities.
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 rented apartments, each with 2 bedrooms and 1 bathroom; Brick construction; built in 1961; Three units updated with laminate flooring and stainless steel appliances
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