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Multifamily

Eastside Portfolio

2634 N Stowell Ave, Milwaukee, WI 53211

Listing Price: $5,000,000

Cap Rate
3.81%
Number of Units
14
GRM
16.90
Occupancy
100.0%
Price/Unit
$357,143

Investment Overview

Marcus & Millichap is pleased to present a portfolio of multifamily properties located on Milwaukee’s highly desirable Eastside. Comprised of two apartment communities totaling 14 units, the portfolio includes 2905 N Bartlett Avenue and 2634 N Farwell Avenue—both situated in walkable, high-demand neighborhoods near the University of Wisconsin-Milwaukee, Lake Michigan, and the area’s vibrant dining and retail corridors.

The properties have undergone extensive interior renovations, featuring modern finishes designed to attract and retain quality tenants. Improvements include refinished hardwood floors, updated cabinetry, quartz countertops, porcelain tile, contemporary lighting packages, GE appliances, and newly constructed decks, creating a strong blend of historic character and modern functionality. On-site washer and dryer facilities are provided within each building, further enhancing tenant convenience and marketability.

The portfolio offers an efficient operating structure with tenants responsible for electric utilities, while ownership covers heat and water. Located in one of Milwaukee’s strongest rental submarkets with limited multifamily inventory and consistent tenant demand, the offering presents investors with a turnkey opportunity to acquire renovated assets in a supply-constrained urban market.

Investment Highlights

  • Completely Renovated Units with High-End Interior Finishes
  • 14 Total Units Across Two Milwaukee Eastside Properties
  • Tenants Pay Electric | Landlord Pays Heat & Water

Exclusively Listed By

Multifamily

Eastside Portfolio

Listing Price: $5,000,000

Cap Rate
3.81%
Number of Units
14
GRM
16.90
Occupancy
100.0%
Price/Unit
$357,143

Investment Highlights

  • Completely Renovated Units with High-End Interior Finishes
  • 14 Total Units Across Two Milwaukee Eastside Properties
  • Tenants Pay Electric | Landlord Pays Heat & Water

Investment Overview

Marcus & Millichap is pleased to present a portfolio of multifamily properties located on Milwaukee’s highly desirable Eastside. Comprised of two apartment communities totaling 14 units, the portfolio includes 2905 N Bartlett Avenue and 2634 N Farwell Avenue—both situated in walkable, high-demand neighborhoods near the University of Wisconsin-Milwaukee, Lake Michigan, and the area’s vibrant dining and retail corridors. The properties have undergone extensive interior renovations, featuring modern finishes designed to attract and retain quality tenants. Improvements include refinished hardwood floors, updated cabinetry, quartz countertops, porcelain tile, contemporary lighting packages, GE appliances, and newly constructed decks, creating a strong blend of historic character and modern functionality. On-site washer and dryer facilities are provided within each building, further enhancing tenant convenience and marketability. The portfolio offers an efficient operating structure with tenants responsible for electric utilities, while ownership covers heat and water. Located in one of Milwaukee’s strongest rental submarkets with limited multifamily inventory and consistent tenant demand, the offering presents investors with a turnkey opportunity to acquire renovated assets in a supply-constrained urban market.

Exclusively Listed By

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