Public Remarks: This 12-unit multifamily presents a rare opportunity to acquire a high-unit-count asset with immediate repositioning potential. Currently, 7 units are occupied and 5 units are vacant, creating the perfect scenario for an investor to implement upgrades and lease at full market rents. The 12-car garage adds an advantage that strengthens tenant retention and overall property value.This asset is ideal for an investor looking to force appreciation through renovations and lease-up strategy. With a few vacancies, the buyer has control to improve quality, set new rent comps, and increase overall asset value without displacing stabilized long-term tenants.
Closed
$739,500
3700-3712 N Sherman BOULEVARD, Milwaukee, WI 53216
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1951
-- sqft lot
$750,800 Zestimate®
$--/sqft
$1,240 Estimated rent
Home value
$750,800
$691,000 - $818,000
$1,240/mo
Zestimate® history
Owner options
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$1,240/mo
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$1,240/mo
Rent Zestimate®
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$4,971/mo
Est. payment
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$4,971/mo
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Zillow last checked:
Listing updated:
Listed by:
Luvene Realty Group*,
Keller Williams Realty-Milwaukee North Shore
Bought with:
Luvene Realty Group*
Source: WIREX MLS,MLS#: 1952517
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas
Features
- Basement: Full,Laundry Facilities,Partial
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.54 Acres
Details
- Parcel number: 2680743000
- Zoning: RT2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Annual tax amount: $16,213
- Date on market: 3/5/2026
- Inclusions: None
- Exclusions: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $739,500+7.2% |
Source:  WIREX MLS #1952517 Report a problem | ||
| 3/10/2026 | Contingent | $690,000 |
Source: WIREX MLS #1952517 Report a problem | ||
| 3/5/2026 | Listed for sale | $690,000 |
Source: WIREX MLS #1952517 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Roosevelt Grove
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Nearby schools
GreatSchools rating
- 2/10Townsend Street SchoolGrades: PK-8Distance: 0.3 mi
- 4/10Washington High School of Information TechnologyGrades: 9-12Distance: 1.4 mi
- 5/10Milwaukee French Immersion SchoolGrades: PK-5Distance: 1.7 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.
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- Wisconsin
- Milwaukee County
- Milwaukee
- 53216
- Roosevelt Grove
- 3700-3712 N Sherman BOULEVARD
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