Brewers Hill 1835 1835 N 2nd St 36 Unit Apartment Building $3,200,000 ($88,889/Unit) 7.56% Cap Rate Milwaukee, WI 53212

Brewers Hill 1835 is a premier 36-unit multifamily property located at 1835 N 2nd Street in Milwaukee, Wisconsin. Currently 98% leased, the asset delivers reliable cash flow with added revenue streams from on-site storage, parking, and laundry facilities. 1835 N 2nd Street offers a desirable mix of studio apartments, blending modern upgrades with timeless vintage charm, making it a highly attractive investment opportunity.

Nestled in the heart of the vibrant Brewer’s Hill neighborhood, this three-story building showcases bright, updated studios that balance historic character with contemporary appeal. Units feature original hardwood flooring, French doors, detailed molding, spacious closets, and recently renovated bathrooms. Together, these features highlight the asset’s ability to appeal to a wide renter base while also offering investors long-term value. With professional third-party management available through New Land, 1835 N 2nd Street represents a low-maintenance and strategic addition to any portfolio.

Brewers Hill 1835 is situated just two blocks from Pleasant Street/Walnut Street and only minutes from Interstate 43, providing seamless access to the city and surrounding areas. Residents enjoy proximity to top attractions such as Fiserv Forum, Lakefront Brewery, dining and entertainment venues, trails, and scenic riverfront views. 1835 N 2nd Street sits within a densely populated area of 415,000 residents, 66% of whom are renters, within a 5-mile radius, underscoring strong demand for well-located apartments in this market.

With its stable occupancy, multiple income generators, and enviable position in one of Milwaukee’s fastest-growing neighborhoods, Brewers Hill 1835 offers investors a rare chance to secure a proven cash-flowing multifamily asset in a robust rental market.