Residential Income

South Milwaukee, WI Residential Income Properties for Sale

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Oak Creek, WI Cudahy, WI Milwaukee, WI Saint Francis, WI Franklin, WI Greenfield, WI Caledonia, WI Racine, WI
Converted Church Multifamily Building
Updated: Apr 10
Converted Church Multifamily Building

1235 Michigan Avenue, South Milwaukee, WI 53172

$349,900
2,790 sqft
Former church converted to a 4‑unit multifamily building built in 1901
Unit mix includes two 2‑bedroom units and two 1‑bedroom units
Each unit has separately metered utilities
Side parking lot provides off‑street parking for 4‑5 vehicles
Includes an on‑site storage shed
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Former Neighborhood Shopping Center
Updated: May 27
Former Neighborhood Shopping Center

2410 10th Ave, South Milwaukee, WI 53172

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36,175 sqft 3.22 AC lot
Sunrise Plaza at 2410 10th Avenue, South Milwaukee, WI: 36,175 SF former neighborhood shopping center
3.22‑acre site currently 22% occupied, with much of the space already gray‑boxed for redevelopment
GC (General Commercial) zoning with approximately 170 surface parking spaces
Site along 10th Avenue and surrounded by dense residential neighborhoods, suited for mixed‑use, multifamily, residential, or modern retail redevelopment
Located within an Opportunity Zone and has preliminary municipal openness to Tax Increment Financing (TIF)
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Mixed-Use Income Building
Mixed-Use Income Building

2001 10th Ave, South Milwaukee, WI 53172

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20,000 sqft

20,000 sq ft building with three street-level retail spaces, a laundromat, and multiple residential units.

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Lakefront Duplex in South Milwaukee
Lakefront Duplex in South Milwaukee

2700 3rd Ave, South Milwaukee, WI 53172

$299,900

Duplex near Lake Michigan with income-generating potential.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in South Milwaukee, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

16-Unit Multifamily Property
16-Unit Multifamily Property

4042 South Pine Avenue, Milwaukee, WI 53207

$2,480,000
13,656 sqft

Sixteen units feature two bedrooms and one bathroom with in-unit washers and dryers.

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Owner-Occupant Duplex with Two Units
Owner-Occupant Duplex with Two Units

3813 East Barnard Avenue, Cudahy, WI 53110

$414,900
1,500 sqft

Well-maintained duplex in Cudahy with a 3-bedroom lower unit and a 2-bedroom upper unit plus finished lower-level rec space.

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Three-Unit Residential Income
Three-Unit Residential Income

5835 S 13th St, Milwaukee, WI 53221

$300,000

Three-unit building offers a main-level 3-bedroom unit and two upper-level 1- and 2-bedroom units.

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Franklin Retail and Multifamily Property
Franklin Retail and Multifamily Property

8405 S 27th St, Franklin, WI 53132

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5,280 sqft

Retail and multifamily property available for sale in Franklin, Wisconsin.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Land Near Grant Park
Wooded Land Near Grant Park

1211 Oak Creek Pkwy, South Milwaukee, WI 53172

$149,900
0.21 AC lot

Rare 0.21-acre wooded land near Grant Park.

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Oak Creek Vacant Land
Oak Creek Vacant Land

7300 S Delaine Dr, Oak Creek, WI 53154

$499,500
13.69 AC lot

Almost 14 acres in Oak Creek, Wisconsin, for residential development.

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Residential Lot in Lakeshore Commons
Residential Lot in Lakeshore Commons

9453 S Cypress Pl, Oak Creek, WI 53154

$89,900
0.10 AC lot

Vacant lot in Oak Creek's Lakeshore Commons community.

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LAND - Oak Creek, WI
LAND - Oak Creek, WI

9451 S Cypress Pl, Oak Creek, WI 53154

$199,900
0.20 AC lot

Land · 0.20 Acres

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South Milwaukee, WI Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in South Milwaukee, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 58,965 square feet of properties for sale, with an estimated market value of $649,800.

Sale prices for residential income properties in South Milwaukee, WI start at $299,900, averaging $324,900, and reaching up to $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 5
Apartment buildings 2
Duplexes 2
Quadplexes 1

Demographics Overview

Population 21K
Population Growth (5Y) -2.6%
Median Household Income $70,146
College Educated 34.9%

High-Yield Neighborhoods for Investment

Identify South Milwaukee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53172 $324.9K

Taxes & Financing

Tax Rate (average for all types) 1.94%
Property Tax per SF $9.44 per SF
Tax Rate vs County Average 0.17 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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