$829,900

1862 N Cambridge Ave Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated payment $5,251/month

Total Views 9,683
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Rare chance to own a charming 6-unit at 1862 Cambridge in Milwaukee! Each spacious unit features 3 bedrooms and 1 bath, showcasing old-world charm with timeless details tenants appreciate. Recent updates include a brand new roof, and refreshed landscaping. Units offer large living areas, hardwood floors, built-ins, and classic finishes full of character. Conveniently located near shops, dining, transit, UWM, and parks, this desirable neighborhood ensures strong rental demand and steady income. Perfect for investors seeking solid cash flow with value-add potential. Don't miss outschedule your showing today and secure this unique multifamily!

Listing Agent

Adam McCarthy

Smart Asset Realty Inc License #58319-90 Listed on: 07/19/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Community Details

  • Operating Expense $50,969
  • Net Operating Income $44,886

Listing and Financial Details

  • Exclusions: Seller/tenant personal property
  • The owner pays for electric/public, heat, gas
  • Assessor Parcel Number 3550072000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.12
  • Inclusions: Appliances in units
  • Special Features: None

Interior Features

  • Owner Pays: Electric/Public, Heat, Gas
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller/tenant personal property
  • Construction Type: Wood, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 3550072000

Rental Info

  • Tenant Pays: Sewer, Water, Electricity

Multi Family

  • Property Net Operating Income: 44886
  • Annual Operating Expense: 50969

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 For Sale $829,900 -- --
Source: Metro MLS

Source: Metro MLS

MLS Number: 1927380

Metro MLS
Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1862 N Cambridge Ave, Milwaukee, WI

This home is located at 1862 N Cambridge Ave, Milwaukee, WI 53202 and is currently priced at $829,900. 1862 N Cambridge Ave is a home located in Milwaukee County with nearby schools including Cass Street School, Milwaukee German Immersion School, and Craig Montessori School.

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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Adam McCarthy
Listing Agent
Adam McCarthy
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Smart Asset Realty Inc
(414) 441-5201