See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Kendrix Realtors
$320,000
Est. payment /mo
8 Beds
4 Baths
4,192 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $76
MLS Listing ID 1932314
Bedrooms 8
Full Baths 4
Year Built 1916
Annual Tax Amount $2,645
Tax Year 2024
Contingent With Offer
Lot Size 4,791 Sqft
Acres 0.11
Property Description
4-unit income property in central Milwaukee! This updated multifamily generates $46,440 annual income (fully rented) with only $10,000 in expenses, producing an NOI of $36,440 and a pro-forma cap rate around 11.4. Three units are leased, and one is vacant, perfect for an owner-occupant or can be rented at top market rate. Each unit features modern kitchens, updated baths, new flooring, and upgraded mechanicals. Separate utilities, newer roof, off-street parking, and attic expansion potential. Minutes from Marquette and downtown, in a strong rental area seeing steady revitalization. Excellent opportunity for investors or house-hackers seeking cash flow and appreciation.
Location
State WI
County Milwaukee
Zoning RT4
Rooms
Basement Block, Full
Interior
Heating Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Vinyl, Wood
Parking Features Alley Entrance, Parking Space
Garage Spaces 4.0
Building
Dwelling Type 2 Houses on One Lot,Duplex/2 Story
Water Municipal Sewer, Municipal Water
Schools
School District Milwaukee
Read Less Info
Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved
Get More Information
Quick Search