524 N Water STREET, Milwaukee, WI 53202

Local realty services provided by:ERA MyPro Realty
Listed by: joe eldredge
Office: inland real estate partners, llc.
MLS#:1937302
Source:Metro MLS
524 N Water STREET,Milwaukee, WI 53202
$1,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,850,000

About this home

Well-maintained, fully occupied mixed-use property located in the heart of Downtown Milwaukee. Comprised of approximately 8,800 square feet, the building features three retail units and three upper-level multifamily apartments, offering a balanced and diversified income stream across both residential and commercial tenancy. Currently fully leased, this building offers investors in-place cash flow with value-add potential through rental upside on the residential units, which are currently leased below market rates. The retail units are leased to a diverse mix of tenants, minimizing risk and ensuring long-term income stability. The building's flexible layout, strong physical condition, and premier location make it a turnkey investment with both immediate yield and long-term appreciation.

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Home facts

  • Year built:1880
  • Listing ID #:1937302
  • Added:98 day(s) ago
  • Updated:December 20, 2025 at 05:19 PM

Structure and exterior

  • Year built:1880
  • Lot area:0.06 Acres

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,850,000
  • Tax amount:$21,740 (2024)
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