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$3,790,000
234 Days On Site
2848 W Wisconsin AveMilwaukee, WI 53208
For Sale|Multi Family|Pending
0
Beds
0
Full Baths
0
Partial Baths
41,706
SqFt
$91
/SqFt
1962
Built
County:
Milwaukee
Listing courtesy of Segal Goldman Realty Group* of RE/MAX Service First
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Monthly Payment (Est.)
$17,292Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
UNDER CONTRACT. TWO OCCUPIED BRICK BUILDINGS on 2 tax keys (388200800+3882005100). Secondary Offers Considered! Total of 63 Units in Downtown Milwaukee's Avenues West Neighborhood (Opportunity Zone #13500). Consists of 2 three-story buildings at the corner of 29th & Wisconsin. 60 of the units are one-bedroom, and 3 units are two-bedroom. This is a solid value-add opportunity because many rents are below market. Features 34 underground parking spaces that are under-utilized. Seller estimates 8.5 CAP today, but 10.5 CAP if owner keeps leasing new tenants at tested, successful higher market rent.
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Listing Snapshot
Price
$3,790,000
Days On Site
234 Days
Bedrooms
N/A
Inside Area (SqFt)
41,706 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5 Acres
Year Built
1962
MLS® Number
1887663
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Pending | |
| 8 months ago | Listing first seen on site |
General Features
Acres
0.5
Parking
Underground
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
41706
Water Source
Public
Zoning
RM7 & RM6
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Exterior Features
Construction Details
Brick
Community Features
School District
Milwaukee
Schools
School District
Milwaukee
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Segal Goldman Realty Group* of RE/MAX Service First
Listing information is provided by Participants of the Metro MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. information is deemed reliable but not guaranteed. Copyright 2025, Metro MLS.
Last checked: 2025-04-05 01:28 PM UTC
Listing information is provided by Participants of the Metro MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by the seller and other third parties and has not been verified. information is deemed reliable but not guaranteed. Copyright 2025, Metro MLS.
Last checked: 2025-04-05 01:28 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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