$2,850,000

Estimated payment $18,379/month

Total Views 5,464
-- Bed
-- Bath
23,400 Sq Ft
$122 Price per Sq Ft

About This Home

Pere Marquette is located directly adjacent to Marquette University with 39 units. Fully occupied! Value add potential, 20 underground parking spaces. The building and units are very clean and well maintained. Your Milwaukee investment opportunity awaits!

Listing Agent

Greg Erchull

Erchull Real Estate License #58486-90 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 23,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $162,931
  • Net Operating Income $203,840

Listing and Financial Details

  • Exclusions: Sellers personal property.
  • The owner pays for sewer, water, heat, gas
  • Assessor Parcel Number 3891561100

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.32
  • Inclusions: All tenant appliances. Sleeve AC, refrigerators, ovens.
  • Directions: 21st and Wisconsin Ave. Near Marquette University
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Heat, Gas
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Sellers personal property.
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Underground Garage

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 3891561100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Property Net Operating Income: 203840
  • Annual Operating Expense: 162931

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
08/20/2025 08/20/25 For Sale $2,850,000 0.0% $122 / Sq Ft
06/07/2022 06/07/22 For Rent $695 0.0% --
05/18/2022 05/18/22 For Rent $695 -- --
Source: Metro MLS

Source: Metro MLS

MLS Number: 1931763

Metro MLS