UNDER CONTRACT. TWO OCCUPIED BRICK BUILDINGS on 2 tax keys (388200800+3882005100). Secondary Offers Considered! Total of 63 Units in Downtown Milwaukee's Avenues West Neighborhood (Opportunity Zone #13500). Consists of 2 three-story buildings at the corner of 29th & Wisconsin. 60 of the units are one-bedroom, and 3 units are two-bedroom. This is a solid value-add opportunity because many rents are below market. Features 34 underground parking spaces that are under-utilized. Seller estimates 8.5 CAP today, but 10.5 CAP if owner keeps leasing new tenants at tested, successful higher market rent.
Closed
Zillow last checked:
Listing updated:
Bought with:
Michelle M Frederick
Source: WIREX MLS,MLS#: 1887663
Originating MLS: Metro MLS
Originating MLS: Metro MLSPrice history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | $3,300,000-12.9% |
Source:  WIREX MLS #1887663 Report a problem | ||
| 2/13/2025 | Pending sale | $3,790,000 |
Source: WIREX MLS #1887663 Report a problem | ||
| 2/13/2025 | Listed for sale | $3,790,000 |
Source: WIREX MLS #1887663 Report a problem | ||
| 12/31/2024 | Contingent | $3,790,000 |
Source: WIREX MLS #1887663 Report a problem | ||
| 8/14/2024 | Listed for sale | $3,790,000 |
Source: WIREX MLS #1887663 Report a problem | ||
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