Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1200 Lincoln Ave Milwaukee, WI 53215

    • Investment properties
    • 16,208 SF
    • 0.20 lot acres
    For Sale
    View listing
    $1,075,000
    Value Estimation
    Last Sale
    Jun 02, 2022
    Location Intelligence
    Property ID
    US92-0112034
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chet & Leona's Floral Shop Inc. / Event Planner / Flower Delivery

    Property Details for 1200 Lincoln Ave

    Year built
    1930
    Lot size
    0.20 lot acres
    Property size
    16,208 SF
    Zone code
    LB2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    468-0919-100
    APU
    4680919100

    Description

    This exceptional investment opportunity presents a stabilized, Class B multifamily property located at 1200-1208 W Lincoln Avenue in Milwaukee, Wisconsin, 53215. The three-story building, constructed in 1930, boasts 14 units: 11 spacious residential apartments and three commercial spaces currently occupied by long-term tenants (Metro by T-Mobile, a staffing agency, and a flower shop). The property enjoys 100% occupancy, offering immediate cash flow. Each unit commands a price of $76,785.71, contributing to the attractive asking price of $1,075,000. The building features 12 parking spaces located behind the structure for added convenience. Its prime location in Lincoln Village offers proximity to Kosciuszko Park and the Basilica of Saint Josaphat, enhancing its appeal and potential for future growth. This mixed-use property represents a compelling investment opportunity in a desirable Milwaukee neighborhood. The property's strong tenant base and established income stream make it an ideal addition to any portfolio.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $440,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $385,000
      Mixed-Use
      $485,000
      Hospitality
      $495,000
      Educational
      $465,000
      Residential Income
      $525,000
      Energy
      $505,000
      Income-Based Land
      $440,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9276
    Latitude
    43.0031
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,879
    $19,800
    $481,300
    $501,100
    -
    $19,800
    $481,300
    $501,100

    Comparable in this City

    • Value Estimation by Request
      2,232 SF

      2121 2123rd S 16th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,232 SF
      2121 2123rd S 16th St, Milwaukee, WI 53215
      View Details
    • Value Estimation by Request
      4,651 SF

      1438 Arthur Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,651 SF
      1438 Arthur Ave, Milwaukee, WI 53215-3351
      View Details
    • Value Estimation
      $260,000
      2,618 SF

      3408 3410th W National Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,618 SF
      3408 3410th W National Ave, Milwaukee, WI 53215
      View Details
    • Value Estimation
      $145,000
      3,792 SF

      3521 3523rd W National Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,792 SF
      3521 3523rd W National Ave, Milwaukee, WI 53215
      View Details
    • Value Estimation
      $315,000
      7,486 SF

      2818 Lincoln Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,486 SF
      2818 Lincoln Ave, Milwaukee, WI 53215-2451
      View Details
    • Value Estimation
      $195,000
      3,650 SF

      2179 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,650 SF
      2179 14th St, Milwaukee, WI 53215-2715
      View Details

    Similar Nearby for Sale

    • $239,900
      2,970 SF

      Mixed-Use Property with Daycare

      Two-story mixed-use property with daycare and vacant apartment.
      2201 S 20Th St, Milwaukee, WI 53215
      View Details
    • $799,000
      9,954 SF

      Mixed-Use Property With Income Potential

      Mixed-use property with apartments and dance hall in Milwaukee, WI.
      2007 W Forest Home Ave, Milwaukee, WI 53215
      View Details
    • $249,900
      3,150 SF

      Milwaukee Mixed-Use Investment Opportunity

      Updated Brick Building, 3 Apartments, Ample Parking
      1127 Windlake Ave, Milwaukee, WI 53215
      View Details
    • $195,000

      Three-Unit Building Investment Opportunity

      Three-unit building with rental income potential and long-term growth.
      2429 S 34Th St, Milwaukee, WI 53215
      View Details
    • $450,000
      1,648 SF

      E Oklahoma Ave Service Facility

      Service facility on a controlled intersection in a populated area.
      1130 E Oklahoma Ave, Milwaukee, WI 53215
      View Details
    • New
      $249,900
      0.08 Acres

      Milwaukee Duplex in Muskego Way

      Spacious duplex in vibrant neighborhood with strong rental income.
      1815 W Becher St, Milwaukee, WI 53215
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,265 SF

      Office Space in Milwaukee

      Office space with elevator access, kitchen, and restroom.
      1236-1300 S Layton Blvd, Milwaukee, WI 53215
      View Details
    • $6 SF/Yr
      52,460 SF

      Stadium Business Park Warehouse Space

      Milwaukee Warehouse: 19,700 SF Available
      3930 Burnham St, Milwaukee, WI 53215
      View Details
    • $4 SF/Yr
      42,761 SF

      Stadium Business Park IV Space Available

      Milwaukee Flex Space - 23,989 SF Available
      1745 38Th St, Milwaukee, WI 53215
      View Details
    • $6 SF/Yr
      92,000 SF

      Milwaukee Warehouse Space Available

      Large industrial warehouse, flexible space options.
      3201-3299 20Th St, Milwaukee, WI 53215
      View Details
    • Contact for pricing

      West Milwaukee Retail Space

      High-traffic retail space, shadow-anchored by Walmart.
      4202 Greenfield Ave, West Milwaukee, WI 53215
      View Details
    • $5 SF/Yr
      5,605 SF

      Industrial Warehouse Space Available

      5,605 SF warehouse space for lease in Milwaukee.
      2545 N 30Th St, Milwaukee, WI 53215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Lincoln Ave
    Milwaukee, WI 53215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.