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.
Sold
$3,300,000
2848 West Wisconsin AVENUE #730 N 29th, Milwaukee, WI 53208
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1962
-- sqft lot
$3,302,200 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 09:01am
Listed by:
Segal Goldman Realty Group*,
RE/MAX Service First
Bought with:
Michelle M Frederick
Source: WIREX MLS,MLS#: 1887663
Originating MLS: Metro MLS

Facts & features
Interior
Heating
- Natural Gas, Hot Water/Steam
Appliances
- Included: Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
Features
- Basement: Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Underground Garage, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 0.50 Acres
- Dimensions: 81' x 149' and 79' x 125'
Details
- Additional parcels included: 3882005100
- Parcel number: 3882008000
- Zoning: RM7 & RM6
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee