Property profile

340 Frame Ave Waukesha, WI 53186

OFF-MARKET
Other apartment buildings
Property ID
US92-0089525
2,650 SF 0.26 ac lot Built 1952
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This four-unit multifamily property is located in Waukesha, Wisconsin, on a 0.26-acre lot in a residential neighborhood. The building includes a four-car garage and a secured second-floor storage area above the garage. It is configured as four separate residential units and includes maintenance and upkeep features consistent with an occupied, long-term rental setting.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1952
Construction FRAME
Total area 2,650 SF
Lot 0.26 ac (11,326 SF)
Zoning code RM-1
APN WAKC1333489
UPID US92-0089525

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

340 Frame Ave Waukesha, WI 53186-6115
Waukesha metro Census 202304 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2026
5 recorded transactions
2026
$488,000
2001
$176,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RM-1 · Waukesha, WI
Zoning description

To provide for multiple family residential development at densities not to exceed 17.4 dwelling units per net acre for efficiency units; 14.5 dwelling units per net acre for one bedroom units; 12.4 dwelling units per net…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 340 Frame Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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