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Property profile & analytics
OFF-MARKET
Commercial real estate

2929 Wisconsin St Milwaukee, WI 53208

41,706 SF 0.8 ac lot Built 1974
Property ID
Property summary
AI-generated overview

This exceptional multifamily investment opportunity comprises four brick buildings totaling 41,706 square feet on a 0.8-acre lot in Milwaukee's Near West Side neighborhood. The portfolio boasts 77 units, including studios, one-bedroom, and two-bedroom apartments, offering immediate cash flow and significant value-add potential. The buildings are strategically located within a half-mile radius, ensuring efficient management and operational synergy. Historical occupancy data reveals remarkably stable performance with minimal vacancy, currently sitting at a low 1.87%. The portfolio's strong performance is further underscored by its consistent rental income. This presents a rare chance to acquire a substantial multifamily asset in a thriving Milwaukee neighborhood. Detailed unit breakdowns include: 2848 W Wells St (33 units – 9 studios, 24 one-bedrooms)

Property profile
Verified
Property type Commercial real estate
Year built 1974
Total area 41,706 SF
Lot 0.8 ac (34,848 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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