2929 Wisconsin St Milwaukee, WI 53208
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)
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.