This exceptional investment opportunity presents a portfolio of four buildings comprising eight rental units, totaling 8,800 square feet, situated in Milwaukee, Wisconsin. The portfolio includes a mix of one, two, three, and even a five-bedroom unit, catering to a diverse range of tenants. Located in the heart of Milwaukee, near Marquette University, these properties benefit from high student occupancy rates and convenient access to downtown and major freeways. The current Net Operating Income (NOI) stands at $122,674, with a pro-forma NOI of $102,799. The properties are strategically located near Marquette University, which boasts a substantial student population of 11,373 students in the fall of 2023, ensuring consistent demand. Milwaukee itself is a thriving city with over 575,000 residents, providing a robust rental market. The asking price for this fully stabilized, debt-free portfolio is $1,600,000. This represents a compelling investment opportunity in a high-demand location with a proven track record of strong rental income. The properties are conveniently located near major freeways, providing easy access to downtown Milwaukee's universities and economic center. This portfolio offers a unique chance to acquire a stable and profitable multifamily investment in a rapidly growing urban area. The properties are located at 505 N 20th St, 507 N 20th St, 509 N 20th St, 2016 W Clybourn St, and 2020 W Clybourn St, all within Milwaukee, WI 53233. The two-story buildings offer a mix of unit sizes to accommodate various tenant needs.
Highlights
Eight-unit multifamily portfolio totaling 8,800 square feet in Milwaukee, WI.
$1,600,000 asking price for this debt-free, fully stabilized portfolio.
Current NOI of $122,674, with a pro-forma NOI of $102,799.
Prime location near Marquette University (11,373 students) and major freeways, offering high occupancy rates.
Residential income home - Prime Milwaukee multifamily investment.
Where is the residential income home located?
The property is located at 505 20Th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Eight-unit multifamily portfolio totaling 8,800 square feet in Milwaukee, WI.; $1,600,000 asking price for this debt-free, fully stabilized portfolio.; Current NOI of $122,674, with a pro-forma NOI of $102,799.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Sean Lyons
Ryan Tobias
Shaun Buss
Dan Sullivan
Nick Griffin
Dane Olmstead
Visit Broker Website
Learn more
Useful Information
Request information
20Th St Milwaukee, WI 53233
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
20Th St Milwaukee, WI 53233
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
505 20Th St
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.