Investment Overview

Marcus & Millichap is pleased to present 834 N. 24th Street in Milwaukee’s Avenues West submarket. The property comprises a 0.21-acre parcel improved with a 12-unit apartment building. It was constructed in 1928 and contains 11,631 square feet (per assessor's records). It has a brick exterior and flat roof. The apartment building consists of six 1-bedroom/1-bath units and six 2-bedroom/1-bath units. The building features on-site laundry, a newly-installed security camera system, and 5 car detached garage. The boiler and water heater were replaced in 2014 and 2026 (per seller). Current ownership acquired the property in 2024 and has begun executing a value-add renovation strategy, with multiple units already updated. Rents are scheduled to increase to $1,000 (1-bedroom units) and $1,100 (2-bedroom units) in June 2026, supporting strong in-place income with continued upside through further unit renovations.