Log In/Sign Up
Your email has been sent.
18-unit South Side Multifamily Portfolio 1 Multifamily Properties Offered at $1,700,000 in Milwaukee, WI
Investment Highlights
- Located in established South Side Milwaukee neighborhoods minutes from Downtown
- All leases are month-to-month, providing maximum operational flexibility
- Current monthly rent: $18,900 | Market monthly rent: $21,450
- Opportunity to increase NOI through rent growth rather than heavy repositioning
Executive Summary
Rare opportunity to acquire a 4-property, 18-unit multifamily portfolio in Milwaukee's established South Side. The portfolio offers strong in-place cash flow with an 8.65% cap rate, while 16 of the 18 units are leased below market and all tenants are on month-to-month leases, creating immediate value-add potential. Diverse 1, 2, 3, and 4-bedroom unit mix with upside through rent growth rather than major capital improvements.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$215,460
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$68,495
|
| Net Operating Income |
$146,965
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $215,460 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $68,495 |
| Net Operating Income | |
|---|---|
| Annual | $146,965 |
Property Facts
| Price | $1,700,000 | Number of Properties | 4 |
| Price / SF | $354.24 / SF | Individually For Sale | 0 |
| Cap Rate | 8.64% | Total Building Size | 4,799 SF |
| Sale Type | Investment | Total Land Area | 0.08 AC |
| Status | Active |
| Price | $1,700,000 |
| Price / SF | $354.24 / SF |
| Cap Rate | 8.64% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 4,799 SF |
| Total Land Area | 0.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Southside Package Deal Milwaukee
2258 S 17th St, Milwaukee, WI 53215 |
Multifamily | 4,799 SF | 1890 | - |
1 1
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
