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Franklin Heights Multifamily Home for Sale

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    $899,900

    2613 W Capitol Dr, Milwaukee, WI 53206

    Fantastic 12-unit multi-family investment opportunity in Milwaukee's Franklin Heights neighborhood. This property offers steady cash flow, strong tenant base, and excellent potential to increase rents over time. Ideally located just minutes from Rufus King High School and the many shops, restaurants, and businesses along Capitol Drive. Tenants enjoy easy access to public transit and the

    Holly Speranza Keller Williams-MNS Wauwatosa

    2613 W Capitol Dr, Milwaukee, WI 53206

Why Live in Franklin Heights

Franklin Heights in Milwaukee is a neighborhood with a rich industrial history, now undergoing revitalization through the development of Century City Business Park. This industrial corridor is attracting manufacturing companies and creating job opportunities for residents. The area is characterized by early 20th-century bungalows and wood-frame duplexes, with homes typically priced below $100,000. These tightly spaced homes are connected by slender concrete walkways leading to private parking in back alleys. The neighborhood is well-connected with seven major bus lines and numerous bus stops, making commuting convenient. Century City Business Park hosts tenants like the City of Milwaukee Department of Public Works, Good City Brewing Company, and Hundred Acre, an urban farm addressing food insecurity. Local amenities include Warren's Lounge, Murray's Bar, and Pizza House, with Sherman Phoenix Marketplace just four blocks away, offering diverse dining and shopping options. Franklin Heights also features Moody Park, a four-acre green space with basketball courts and a community garden, and Carter Park, known for its whimsical sculptures and peaceful atmosphere. The neighborhood is safer than the national average, providing a low crime risk environment. Schools in the area, such as Benjamin Franklin, cater to elementary and middle school students, focusing on innovation skills and extracurricular activities like Boy Scouts, Girl Scouts, and yoga. Franklin Heights is a neighborhood in transition, blending its historical roots with new developments and community-focused amenities.

Home Trends in Franklin Heights, WI

Housing Trends

Median Sale Price
$82,000
Median Single Family Sale Price
$82,500
Median Townhouse Sale Price
$92,500
Average Price Per Sq Ft
$72
Number of Homes for Sale
16
Last 12 months Home Sales
55
Months of Supply
3.50
Median List Price
$89,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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