3700-3712 N Sherman BOULEVARD, Milwaukee, WI 53216

Milwaukee
Local realty services provided by:ERA MyPro Realty
Listed by: luvene realty group*
Office: keller williams realty-milwaukee north shore
MLS#:1952517
Source:Metro MLS
3700-3712 N Sherman BOULEVARD,Milwaukee, WI 53216
$690,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$690,000

About this home

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.

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Home facts

  • Year built:1951
  • Listing ID #:1952517
  • Added:14 day(s) ago
  • Updated:March 20, 2026 at 02:31 PM

Rooms and interior

  • Basement Description:Full, Laundry Facilities, Partial

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1951
  • Lot area:0.54 Acres
  • Construction Materials:Brick, Brick/Stone

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$690,000
  • Tax amount:$16,213 (2024)

Parking

  • Parking description:Inside Parking, Outdoor Space, Outside
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