Active

$7,750,000

226 N Water STREET, Milwaukee, WI 53202

--beds

--baths

--sqft

$59,402/mo

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Multi Family, Apartment

Built in 1914

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Staggered raised panel cabinetryTile backsplashCrown moldingStainless steel appliancesSpacious islandLarge walk-in closetsPrivate spa master baths

Prime investment opportunity in the heart of Milwaukee, WI. This prominent property, boasting a 39,450 SF building, features 12 meticulously designed residential units on floors 2 - 4 and a 7,000SF fully leased retail space on the 1st floor. A timeless structure built in 1914 and thoughtfully historically renovated in 2018. Zoned C9G and currently at full occupancy, this multifamily gem offers a compelling blend of historic charm and modern convenience.Rooftop Terrace w pergola, seating area, grill, fire pit and dog area. 21 Underground Parking, w 2 electric charging stations. Each space $150/monthModern kitchen w granite, spacious island, staggered raised panel cabinetry, crown molding, tile backsplash, stainless steel appliances. Private spa master baths with large walk-in closets.

106 days
878
35

Facts & features

Interior

Heating

Natural Gas

Appliances

Included: Dryer, Washer, Seller Owned: Water Heater

Features

Elevator
Basement: None / Slab
Has fireplace: No

Property

Parking

Parking features: Electric Car Charger, Underground Garage, Inside Parking, Outside
Has garage: Yes

Lot

Size: 10,454 Square Feet

Details

Parcel number: 3920988000
Zoning: C9G

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick

Condition

21+ Years
New construction: No
Year built: 1914

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Tax assessed value: $7,060,000
Annual tax amount: $149,648
Date on market: 6/29/2026
Inclusions: 12 Electric Fireplaces, Refrigerators, Washing Machines, Dryers, Microwaves, Range/Stoves And Garbage Disposals

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/29/2026	Listed for sale	$7,750,000+330.6%
Source: WIREX MLS #1969486 Report a problem
9/25/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/25/2022	Listed for rent	$4,155+5.9%
Source: Zillow Rental Manager Report a problem
12/5/2020	Listing removed	$3,925
Source: Jameson Management Group Report a problem
8/5/2020	Listed for rent	$3,925
Source: Jameson Management Group Report a problem
1/9/2020	Listing removed	$3,925
Source: Jameson Management Group Report a problem
9/23/2019	Listed for rent	$3,925-6.8%
Source: Jameson Management Group Report a problem
8/9/2019	Listing removed	$4,210
Source: Jameson Management Group Report a problem
6/4/2019	Listed for rent	$4,210+25.3%
Source: Jameson Management Group Report a problem
4/25/2019	Listing removed	$3,360
Source: Jameson Leasing Report a problem
4/1/2019	Price change	$3,360-4%
Source: Jameson Leasing Report a problem
3/14/2019	Listed for rent	$3,500
Source: Jameson Leasing Report a problem
2/1/2016	Sold	$1,800,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$146,848 -9.3%	$7,060,000 0%
2024	$161,906 +7.6%	$7,060,900 +10.9%
2023	$150,514 -0.8%	$6,369,600
2022	$151,660 -12.7%	$6,369,600 +2.1%
2021	$173,684	$6,240,900
2020	$173,684	$6,240,900
2019	$173,684 +2.2%	$6,240,900 +2.3%
2018	$169,952 +6.6%	$6,102,400 +4.6%
2017	$159,380 -1.6%	$5,832,000 +250.9%
2016	$161,965 +218.8%	$1,662,000 +58.4%
2015	$50,800	$1,049,000 +0.7%
2014	$50,800	$1,042,000