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 Ossie C Kendrix Kendrix Realtors
$ 320,000
Est. payment /mo
Active
Milwaukee, 53208
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1932314
Acres 0.11
Property Sub-Type Two Family
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
County Milwaukee
Rooms
Basement Full, Block
Interior
Inclusions 4 oven/ranges, 4 refrigerators
Exterior
Parking Features Parking Space, Alley Entrance
Garage Spaces 4.0
Garage Description None
Garage 1
Building
Sewer Municipal Sewer
Structure Type Wood,Vinyl
Schools
School District Milwaukee
Others
Tax ID 3870710000
Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved
Nearby Locations