Property profile

511 515th W Lincoln Ave Milwaukee, WI 53207

OFF-MARKET
Other investment properties
Property ID
US92-0545842
4,294 SF 0.12 ac lot Built 1922
Entity Owned
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Property summary

AI-generated overview

The property is a mixed-use commercial/residential/office building located in Lincoln Village, approximately one block from the historic St. Josaphat Basilica in Milwaukee. It contains 4,294 square feet of space on a 0.12-acre lot and includes an enclosed, gated backyard with parking for four vehicles. The building is zoned LB2 and is situated near highway access, with proximity to the Bayview and downtown Milwaukee areas. The property’s layout supports a range of commercial, office, and residential uses consistent with its zoning and mixed-use designation.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1922
Total area 4,294 SF
Lot 0.12 ac (5,180 SF)
Zoning code LB2
APN 498-1103-000
UPID US92-0545842

Cap rate & NOI

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

Location

511 515th W Lincoln Ave Milwaukee, WI 53207
Milwaukee metro Census 186600 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2026
Last sale
$312,000
2 recorded transactions
2026
$312,000
2005
$150,000

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL

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
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