1534 Farwell Ave 1542 Milwaukee, WI 53202-2366
This exceptional investment opportunity encompasses three multifamily buildings totaling 21 units, ideally situated in Milwaukee's desirable East Side. The portfolio includes a seven-unit building near the University of Wisconsin-Milwaukee at 2905 N Bartlett Avenue, offering strong rental potential due to its proximity to the university. Another seven-unit building is located just a block from the vibrant Downer Avenue at 2634 N Stowell Avenue, providing convenient access to shopping and dining. The third building, located at 1534 N Farwell Avenue in the Lower East Side, presents a unique redevelopment opportunity. This building, formerly Paul Weise Furniture, offers significant potential for renovation and repositioning within a highly sought-after neighborhood. The combined portfolio presents a compelling opportunity for an investor seeking to capitalize on the strong rental market and redevelopment potential in this thriving Milwaukee neighborhood. The asking price for this entire portfolio is $2,200,000. This is a rare chance to acquire a substantial multifamily portfolio in a prime location with significant upside potential. The properties are located in Milwaukee County, Wisconsin, zip code 53202.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
RO2 · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
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.