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2848 W Wells St

33 Unit Apartment Building $1,625,000 ($49,242/Unit) Milwaukee, WI 53208

Apartment Buildings Wisconsin Milwaukee 2848 W Wells St, Milwaukee, WI 53208

INVESTMENT HIGHLIGHTS

  • Opportunity Zone
  • Current occupancy 94%
  • Twenty-Four (24) 1-Bedrooms & Nine (9) Studios
  • Underground parking

EXECUTIVE SUMMARY

The Concordia neighborhood in Milwaukee, Wisconsin, is a historic area renowned for its rich architectural heritage and vibrant community. Bounded by Wisconsin Avenue to the south, Highland Avenue to the north, 27th Street to the east, and 35th Street to the west, Concordia showcases a collection of grand Victorian-era homes that reflect the city's prosperous past.

PROPERTY FACTS

Price $1,625,000 Building Class C
Price Per Unit $49,242 Lot Size 0.21 AC
Sale Type Investment Building Size 24,000 SF
No. Units 33 No. Stories 3
Property Type Multifamily Year Built 1963
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $1,625,000
Price Per Unit $49,242
Sale Type Investment
No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 24,000 SF
No. Stories 3
Year Built 1963
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT AMENITIES

  • Heating
  • Kitchen
  • Window Coverings

SITE AMENITIES

  • Controlled Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 16 - 600
1+1 17 - 750

LINKS

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Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

ZONING

Zoning Code RM6
RM6
(773) 293-5067

CONTACT

  • Listing ID: 34658069

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 2848 W Wells St, Milwaukee, WI 53208

More public record information on 2848 W Wells St, Milwaukee, WI 53208

The Milwaukee West Multifamily Property at 2848 W Wells St, Milwaukee, WI 53208 is currently available. Contact Kiser Group for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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2848 W Wells St
(773) 293-5067 x

2848 W Wells St

Luis Robles

(773) 293-5067

(773) 293-5067

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