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Property profile & analytics
OFF-MARKET
Commercial real estate

3870 Prt Washington Ave Milwaukee, WI 53212

3,108 SF 0.07 ac lot Built 1928
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, situated at 3870 N Port Washington Avenue in Milwaukee, Wisconsin, presents a compelling investment opportunity. Spanning 3,108 square feet on a 0.07-acre lot, this property boasts a blend of commercial and residential space. The building features one commercial unit, ideally suited for a variety of businesses, complemented by three separately metered one-bedroom apartments. Each apartment has undergone tasteful renovations, showcasing either new bamboo flooring or refinished hardwood, enhancing both aesthetics and value. The commercial space also benefits from recent upgrades, including new maple flooring and a modernized bathroom. Further enhancing the property's appeal is a recently applied brand-new silicone roof coating, ensuring long-term protection and minimizing maintenance concerns. The property's strategic location in the Arlington Heights neighborhood, just blocks from Glendale and Highway 43, provides excellent accessibility and visibility. This turnkey investment is ready for immediate income generation, offering a solid return for the discerning investor seeking a diversified portfolio addition. The asking price is $249,000. This is a rare opportunity to acquire a well-maintained, updated mixed-use property in a desirable Milwaukee location.

Property profile
Verified
Property type Commercial real estate
Year built 1928
Total area 3,108 SF
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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