2221 Humboldt Ave Milwaukee, WI 53212
This exceptional Milwaukee property, located at 2221 N Humboldt Ave, presents a unique investment opportunity. The 2,325 square foot building, constructed in 1895, sits on a 0.09-acre lot (APN 3540506100) and is zoned LB2. Currently configured as a mixed-use space, it features a ground floor bar/entertainment venue and upper-level apartment, offering immediate income potential. The property boasts a fenced lot and off-street parking, rare amenities in this desirable Riverwest location. Its prime position on Humboldt Avenue provides excellent visibility and accessibility. The building's existing structure presents a solid foundation for continued operation or significant redevelopment, catering to a variety of uses. The asking price is $575,000. This is an ideal opportunity for investors seeking a strong return in a vibrant Milwaukee neighborhood. The property's versatility and location make it a compelling investment prospect with significant upside potential. The 0.09-acre lot offers ample space, and the existing building provides a solid base for future development or renovation. This is a rare chance to acquire a well-situated property in a thriving area of Milwaukee, Wisconsin.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.