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2848 W Wisconsin Ave, Milwaukee, WI 53208
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$3,790,000
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Home Details for 2848 W Wisconsin Ave 730 N 29th
Price
$3,790,000
Type
Multi Family
Year Build
1962
Lot Size
0.5
County
Milwaukee
Tax
$33,663.28
MLS®️ Listing#
1887663
On exitrealty.com
369 days
Property Description
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.
- Cooling Information
- Hot Water/Steam
- Natural Gas
- Heating Information
- Hot Water
- Natural Gas
- Water Features
- Public
- Parking
- Underground
Listing Courtesy: RE/MAX Service First - 262-287-9900
Data Source: MetroMLS IDX IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved
Last Updated: 2025-05-21 16:07:05
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$3,790,000
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EXIT REALTY HORIZONS
1417 N. Wauwatosa Ave #201, Wauwatosa, WI 53213