Milwaukee, WI Short term rental properties for sale

Updated: Jun 22

Historic Mixed-Use Building with Retail

518-522 North Water Street, Milwaukee, WI 53202

$2,200,000

16,592 sqft

Historic mixed‑use building built in 1890 with National Register of Historic Places status
7 residential units plus 4,912 SF of street‑level commercial space
Fully occupied mixed‑use asset with 2 commercial tenants and 1 additional commercial unit currently vacant
Walk Score 97 in downtown Milwaukee’s active urban corridor
Residential rents average $253 below market on a comp set; 1 one‑bedroom target rent noted at $1,700/month

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This listing looks promising.

Here's a quick look at some key insights for

518-522 North Water Street, Milwaukee, WI 53202

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$174K
Annual
Price @ 7% Cap

$2.49M
Above asking

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Updated: Aug 7, 2024

Bayview Triplex Investment Opportunity

2962 S Delaware Ave, Milwaukee, WI 53207

$609,000

3,455 sqft

Triplex in prime Bayview location, ideal for investors
Currently operating as a successful Airbnb with bookings through October, ready for immediate takeover
Sold fully furnished, simplifying the transition for the new owner
Offers flexibility to continue as short‑term rentals or convert to long‑term rentals
Includes a 4BR unit, 3BR unit, and 1BR unit, each with a full bathroom and private washer/dryer

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Milwaukee, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Two-Home Residential Income Property

11471 W Leland Avenue, Beach Park, IL 60099

$395,000

0.67 AC lot

Single parcel includes two separate homes; one updated and the other fully furnished short-term rental, sold as-is.

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Legal Three-Unit Building with Multiple HVAC

2516 W Lyndale Street, Chicago, IL 60647

$1,075,000

Three-unit multifamily with separate HVAC systems, rear decks, shared laundry, and gated parking for two cars.

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Multi-Unit Residential Income Property

3036 N Kedzie Avenue, Chicago, IL 60618

$785,000

Three-unit building with updated roof, electric panels, windows, and mechanicals, including a private rear patio.

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Two Homes on Large Lot

11471 W Leland Avenue, Beach Park, IL 60099

$404,900

0.67 AC lot

Two homes on one property with income potential.

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Milwaukee, WI Short Term Rental Properties Market Trends and Statistics

Explore 2 short term rental properties for sale in Milwaukee, WI on our real estate platform. These investment opportunities span a total of 20,047 square feet of properties for sale, with an estimated market value of $2,809,000.

Sale prices for short term rental properties in Milwaukee, WI start at $609,000, averaging $1,404,500, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
53204	$369.9K
53207	$609K
53202	$2.2M

Neighborhood

Average Price

53204

$369.9K

53207

$609K

53202

$2.2M