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6333 W Florist Ave 6333 W Florist Ave 4 Unit Apartment Building $475,000 ($118,750/Unit) 8.79% Cap Rate Milwaukee, WI 53218
Investment Highlights
- Strategically located along W Florist Avenue with strong access to surrounding residential neighborhoods.
- Serves a dense, built-out trade area with consistent consumer demand.
- Benefits from proximity to major arterial roadways and convenient regional connectivity.
- Surrounding area includes a mix of national and local tenants supporting daily traffic.
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 6333 W Florist Ave in Milwaukee, WI (the “Property”). The two-story building contains four (4) 2-Bedroom/1-Bathroom units with 3,922 square feet of gross living area. The Property is situated upon a 0.22-acre parcel and features four (4) off-street parking spaces. 6333 W Florist Avenue is strategically located on Milwaukee’s northwest side, offering strong access to surrounding residential neighborhoods, retail corridors, and major employment centers. The property benefits from convenient connectivity to key regional thoroughfares including West Brown Deer Road (Highway 100) and Fond du Lac Avenue (Highway 145), with close proximity to Interstate 43, providing efficient access to downtown Milwaukee, the greater metro area, and regional destinations throughout southeastern Wisconsin. All interior units have been consistently maintained and updated since 2021.
Property Facts
| Price | $475,000 | Apartment Style | Low-Rise |
| Price Per Unit | $118,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 8.79% | Building Size | 3,922 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1963/2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM1 - Residential | ||
| Price | $475,000 |
| Price Per Unit | $118,750 |
| Sale Type | Investment |
| Cap Rate | 8.79% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,922 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2022 |
| Opportunity Zone |
Yes |
| Zoning | RM1 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 174-0208-000-0 | Improvements Assessment | $250,000 |
| Land Assessment | $12,500 | Total Assessment | $262,500 |
Property Taxes
Parcel Number
174-0208-000-0
Land Assessment
$12,500
Improvements Assessment
$250,000
Total Assessment
$262,500
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