Under contract

Price cut: $75K (6/2)

$1,175,000

201 Maple Ave, Waukesha, WI 53186

4beds

2,400sqft

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Apartment

Built in 1970

-- sqft lot

$1,129,500 Zestimate^®

$490/sqft

$-- HOA

What's special

Located in Waukesha near Carroll University, 201 Maple Ave is a 10-unit multifamily investment opportunity offering strong in-place cash flow with additional upside through continued unit renovations. The property is 100% occupied and features a mix of updated and classic units, creating a value-add opportunity for investors. Several long-term tenants provide stability, while renovated apartments with modern finishes help position the property competitively within the market. Conveniently located near shopping, parks, dining, and major commuter routes, this asset offers stable occupancy, consistent rental demand, and future growth potential.

33 days

69

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Electric, Other, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3), Individual Heat Control (Unit 4)

Cooling

Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3), Air Conditioning (Unit 4)

Appliances

Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)
Laundry: Common Area

Features

Internet -Fiber Available, Family/Rec Room (Unit 1), Family/Rec Room (Unit 2), Family/Rec Room (Unit 3), Family/Rec Room (Unit 4)
Basement: Partial,Unfinished

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 10
Parking features: 1 space, Outside, Asphalt, Driveway, Off Street, Parking Lot, Paved
Details: Outside

Features

Levels: Two

Lot

Size: 0.38 Acres

Details

Parcel number: WAKC1308430
Zoning: RM-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding, Brick
Foundation: Poured concrete foundatn

Condition

Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters, Sewer Included, Water Included

Community & HOA

Location

Region: Waukesha

Financial & listing details

Price per square foot: $490/sqft
Date on market: 6/5/2026
Inclusions: Refrigerators x 10, Range/ Oven x 10
Exclusions: Tenant's Personal Property, Washers & Dryers Leased from Wash
Total actual rent: 54996

Estimated market value

$1,129,500

$1.07M - $1.19M

$1,700/mo

Price history

Date	Event	Price
6/5/2026	Contingent	$1,175,000$490/sqft
Source: SCWMLS #2022789 Report a problem
6/5/2026	Pending sale	$1,175,000$490/sqft
Source: WIREX MLS #2022789 Report a problem
6/2/2026	Price change	$1,175,000-6%$490/sqft
Source: WIREX MLS #2022789 Report a problem
5/26/2026	Price change	$1,250,000-3.8%$521/sqft
Source: WIREX MLS #2022789 Report a problem
5/18/2026	Price change	$1,300,000-3.7%$542/sqft
Source: WIREX MLS #2022789 Report a problem
5/8/2026	Listed for sale	$1,350,000$563/sqft
Source: WIREX MLS #2022789 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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