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Brick 4-Unit Apartment Building
New
For Sale
$649,900

N84W15464 Menomonee Ave, Menomonee Falls, WI 53051

Menomonee Falls, WI

Property SizeContact for details
Lot Size0.27 Acres
Days on Market2

Property Features for N84W15464 Menomonee Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Middle school North
High school Menomonee Falls
Elementary school district Menomonee Falls
Middle school district Menomonee Falls
High school district Menomonee Falls
Directions Head Southeast on Appleton Ave towards Pilgrim Rd. Turn left onto Pilgrim Rd. Turn right on Menomonee Ave. Property is located on the left.
Standard status Active
APN MNFV0042966005
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6002

Building Details

Year built 1961
Listing Agency: Keller Williams Realty-Milwaukee Southwest
Listed By: Emily Paige & Co. Team*
Added: Oct 15 Last Checked: Oct 16 at 11:06PM
MLS# 1984945

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1961 brick quadplex contains four apartments, each with two bedrooms and one bathroom. Three units have updated laminate flooring and stainless steel appliances. Building improvements include a newer roof, replacement gutters, updated water heaters, and newer central air units.

The property occupies a 0.27-acre lot in Menomonee Falls, Wisconsin. All four apartments are rented, and tenants pay all utilities. The property is zoned RES.

Key Highlights

  • Four 2‑bedroom, 1‑bath apartments
  • Three units updated with laminate flooring and stainless steel appliances
  • All four units are rented; tenants pay all utilities

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

495
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 - Four occupied apartments have separate tenants who cover their utility costs.
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 2‑bedroom, 1‑bath apartments; Three units updated with laminate flooring and stainless steel appliances; All four units are rented; tenants pay all utilities
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