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$ 1,200,000
Est. payment | /mo
0.44 Acres Lot
$ 1,200,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2032642
Year Built 1952
Annual Tax Amount $19,331
Tax Year 2025
Lot Size 0.443 Acres
Acres 0.443
Property Description
Rare 8-unit investment opportunity at 718 W Grange Ave featuring (5) spacious 2BR/1.5BA units and (3) oversized 3BR/2BA units. This substantial 11,353 SF property offering includes 7 indoor garage spaces, 10 surface parking spaces, tenant storage lockers, and coin-operated laundry on both floors. None of these amenities are currently being separately charged, creating immediate opportunities to increase revenue. All units are currently month-to-month, with one vacant unit providing an opportunity for immediate lease-up. A compelling value-add investment with multiple paths to grow income and maximize long-term returns, including parking, storage, and utility passthroughs.
Location
State WI
County Milwaukee
Zoning RM-1
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Steam
Inclusions 8 Refrigerators, 8 stoves, 2 dishwashers, 2 washers, 2 dryers
Exterior
Exterior Feature Aluminum/Steel, Stucco
Building
Dwelling Type 2 Story
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Call School District
Middle Schools Call School District
High Schools Call School District
School District Milwaukee
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Listed by The Hub Realty