4842 W Lisbon Ave Milwaukee, WI 53210

Exceptional investment opportunity in Milwaukee's Uptown neighborhood presents a fully leased, three-unit mixed-use building at 4842 W Lisbon Ave, Milwaukee, WI 53210. This 3,284 square foot property, built in 1924, sits on a 0.07-acre lot and boasts a strong 8.43% cap rate, generating a net operating income (NOI) of $37,924. The building features two fully leased residential units upstairs and a leased commercial space on the main level, ensuring 100% occupancy. The property is constructed of masonry and benefits from high traffic volume (31,800 vehicles per day). Zoned for local commercial use (APN: 3281211000), this property offers significant potential for future appreciation in a developing area. 2023 real estate taxes totaled $3,102.57. The asking price is $450,000. This is a rare chance to acquire a stable, high-performing investment property in a prime Milwaukee location. Don't miss this opportunity to add a strong performer to your portfolio.