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:1 day(s) ago
- Updated:September 30, 2025 at 08:47 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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