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4801 N 66th St 8 Unit Apartment Building $479,900 ($59,988/Unit) Milwaukee, WI 53218
Investment Highlights
- Tenants like location near bus line, walkable amenities like grocery, health care facility, banks.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$54,060
|
$15.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,060
|
$15.93
|
| Taxes |
$7,545
|
$2.22
|
| Operating Expenses |
$21,882
|
$6.45
|
| Total Expenses |
$29,427
|
$8.67
|
| Net Operating Income |
$24,633
|
$7.26
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $54,060 |
| Annual Per SF | $15.93 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,060 |
| Annual Per SF | $15.93 |
| Taxes | |
|---|---|
| Annual | $7,545 |
| Annual Per SF | $2.22 |
| Operating Expenses | |
|---|---|
| Annual | $21,882 |
| Annual Per SF | $6.45 |
| Total Expenses | |
|---|---|
| Annual | $29,427 |
| Annual Per SF | $8.67 |
| Net Operating Income | |
|---|---|
| Annual | $24,633 |
| Annual Per SF | $7.26 |
Property Facts
| Price | $479,900 | Apartment Style | Garden |
| Price Per Unit | $59,988 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,394 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 2.3/1,000 SF |
| Zoning | RM2 | ||
| Price | $479,900 |
| Price Per Unit | $59,988 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,394 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | RM2 |
Amenities
Unit Amenities
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 400 - 500 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 211-0637-000-9 | Total Assessment | $356,400 (2024) |
| Land Assessment | $26,100 (2024) | Annual Taxes | $7,545 ($2.22/SF) |
| Improvements Assessment | $330,300 (2024) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
211-0637-000-9
Land Assessment
$26,100 (2024)
Improvements Assessment
$330,300 (2024)
Total Assessment
$356,400 (2024)
Annual Taxes
$7,545 ($2.22/SF)
Tax Year
2025 Payable 2025
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4801 N 66th St
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