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4510 W Capitol Dr 4 Unit Apartment Building $325,000 ($81,250/Unit) Milwaukee, WI 53216


Investment Highlights
- Four-unit multi-family property with a functional two-bedroom, one-bathroom layout in each unit.
- Located along W Capitol Drive for visibility and quick connectivity to Milwaukee’s major corridors.
- Durable brick construction provides long-term stability and reduced maintenance costs.
- Additional revenue stream available through five on-site garage spaces.
- Situated on a 0.26-acre parcel in a densely populated area with significant renter demand.
- Surrounded by residential neighborhoods and essential retail services for tenant convenience.
Executive Summary
This four-unit multi-family property presents an attractive investment opportunity in Milwaukee’s dynamic rental market. Each unit features two bedrooms and one bathroom, offering functionality to appeal to a wide tenant base. The property benefits from additional income potential with five garage spaces, creating a strong advantage in a competitive market. Positioned along W Capitol Drive, the location provides easy access to major arterials, shopping, dining, and public transportation options, ensuring consistent renter demand.
The 0.26-acre site is situated in a densely populated trade area with over 436,000 residents within five miles, driving long-term tenancy and revenue stability. This asset is ideal for both experienced investors and those seeking to expand their portfolio with a value-add or income-producing property. Current taxes and a manageable footprint support profitable operations, while the solid brick construction suggests durability and low future maintenance. Take advantage of strong local demographics within a neighborhood supported by schools, retail amenities, and employment centers.
The 0.26-acre site is situated in a densely populated trade area with over 436,000 residents within five miles, driving long-term tenancy and revenue stability. This asset is ideal for both experienced investors and those seeking to expand their portfolio with a value-add or income-producing property. Current taxes and a manageable footprint support profitable operations, while the solid brick construction suggests durability and low future maintenance. Take advantage of strong local demographics within a neighborhood supported by schools, retail amenities, and employment centers.
Property Facts
| Price | $325,000 | Building Class | C |
| Price Per Unit | $81,250 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 3,775 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 1.32/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RT2 - Residential | ||
| Price | $325,000 |
| Price Per Unit | $81,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 3,775 SF |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | RT2 - Residential |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 248-0641-000-0 | Improvements Assessment | $338,000 |
| Land Assessment | $13,200 | Total Assessment | $351,200 |
Property Taxes
Parcel Number
248-0641-000-0
Land Assessment
$13,200
Improvements Assessment
$338,000
Total Assessment
$351,200
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4510 W Capitol Dr
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