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524 N Water St, Milwaukee, WI 53202

Local realty services provided by:CENTURY 21 Affiliated
524 N Water St,Milwaukee, WI 53202
$1,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joe eldredge
Office: inland real estate partners, llc.
MLS#:1937302
Source:WI_METROMLS

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:113 day(s) ago
  • Updated:January 21, 2026 at 03:59 PM

Structure and exterior

  • Year built:1880
  • Lot area:0.06 Acres

Utilities

  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,850,000
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