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.
Active
$7,750,000
226 N Water STREET, Milwaukee, WI 53202
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1914
-- sqft lot
$7,382,400 Zestimate®
$--/sqft
$-- HOA
What's special
Staggered raised panel cabinetryTile backsplashCrown moldingStainless steel appliancesSpacious islandLarge walk-in closetsPrivate spa master baths
- 8 days |
- 747 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Alicia Alexander 414-852-8627,
Forest Green Realty/EC Commercial
Source: WIREX MLS,MLS#: 1969486
Originating MLS: Metro MLS
Originating MLS: Metro MLSLoading...
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: $7,060,900
- 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
$7,382,400
$7.01M - $7.75M
$3,314/mo
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 |
|---|---|---|
| 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 | $1,042,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Historic Third Ward
Nearby schools
GreatSchools rating
- 8/10Golda Meir SchoolGrades: 3-12Distance: 1.3 mi
- 3/10Lincoln Center of the ArtsGrades: 6-8Distance: 1.1 mi
- 5/10Bradley Technology & Trade High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Milwaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Milwaukee County
- Milwaukee
- 53202
- Historic Third Ward
- 226 N Water STREET
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