3870 Prt Washington Ave Milwaukee, WI 53212
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.