2436 50th St Milwaukee, WI 53210-2814
Property Lookup
Property profile & analytics
2436 50th St Milwaukee, WI 53210-2814
- Residential income homes
- 25,861 SF
- 0.72 lot acres
Property ID
US92-3514415
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.
Location Intelligence
Current Use by Public Records
- Genesis Behavioral Services / Crisis Center / Medical Clinic
- Gro Family Services / Medical Clinic
- Latika Washington / Counselor / Psychologist
Property Details for 2436 50th St
- Year built
- 1929
- Lot size
- 0.72 lot acres
- Property size
- 25,861 SF
- Zone code
- RT2
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- 328-1101-110
- APU
- 3281101110
Description
This exceptional mixed-use investment property, located at 2436 N 50th St, Milwaukee, WI 53210, presents a unique opportunity. The 25,839 square foot building, constructed in 1929 and renovated in 1949, currently operates as a fully leased, 85-bed Community Based Residential Facility (CBRF). The property sits on a 0.72-acre lot and is zoned Residential - Two Family. The tenant, Gro Family Services, provides outpatient, residential, and correctional mental health, substance abuse, and reintegration treatment services. They have a long-term lease in place, extending through October 2027, ensuring a stable income stream. The asking price is $1,550,340, translating to $60 per square foot. This stabilized investment boasts high barriers to entry and significant replacement costs, further enhancing its value. Numerous recent capital improvements have been made, contributing to the property's excellent condition and operational efficiency. This is a rare opportunity to acquire a high-performing, triple-net leased asset in a desirable Milwaukee location. The property's history as a healthcare facility and its current use as a CBRF provide a strong foundation for continued success. This investment offers significant potential for long-term growth and passive income.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,297,000
- AI Estimate
- $2,419,000
Market price range: $1.83M - $5.68MMarket price range: $1.88M - $5.50M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $3,645,000 Current use
- RESTAURANT
- $3,290,000 Change: -10% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,085,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9759
- Latitude
- 43.0633
- 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
$22,598
$55,000
$894,100
$949,100
-
$55,000
$894,100
$949,100
