Map of Property

2820 W KILBOURN AVE

2820 W KILBOURN AVE, Milwaukee, WI 53233

  • For Sale $1,900,000
  • Property Type Multi-Family
  • Property Size 23,535 SF
  • Units 36
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Date Updated Dec 13, 2024
CONCORDIA NEIGHBORHOODKiser Group is pleased to bring to market 2820 W Kilbourn Ave, Milwaukee, WI, is a brick 36-unit multifamily investment opportunity priced at $1,900,000. Built in 1962, this 23,535 square-foot building offers a current cap rate of 8.41% and generates a net operating income (NOI) of $159,826, with projections to increase to $182,746. The property features a mix of 30 one-bedroom units (83.3%) and 6 studio units (16.7%), with an average rent of $665 per unit, below the market potential of $759.
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Highlights

  • Value-add in NOI increase
  • Thirty (30) one-bedroom units
  • Six (6) studio units
  • Strong historical occupancy

Contacts

broker
Luis Robles

Kiser Group

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Milwaukee, WI
  • Neighborhood Concordia
  • Zip Code 53233
  • Market Milwaukee

Points of Interest

  • Intermodal Station

    1.76 miles

  • Saint Paul at Plankinton

    1.99 miles

  • City Hall

    2.10 miles

  • Historic Third Ward

    2.14 miles

  • Wisconsin Avenue

    2.20 miles

  • Cathedral Square

    2.26 miles

  • Jackson at Juneau

    2.28 miles

  • Ogden/Jackson

    2.30 miles

  • Clybourn & Jefferson

    2.31 miles

  • Taxi Pick-Up

    6.93 miles

  • BP

    0.48 miles

  • Citgo

    0.56 miles

  • Hometown

    0.68 miles

  • Express Convenience Center

    0.83 miles

  • Clark

    1.25 miles

  • Amstar

    1.34 miles

  • Tesla Destination Charger

    1.39 miles

  • Dave's Gas

    1.62 miles

  • Tesla Supercharger-Glendale, WI

    5.73 miles

  • ChargePoint

    6.80 miles

  • The Rave Parking

    0.46 miles

  • 21st & Wells Lot

    0.52 miles

  • Pettibone Mansion Lot

    0.60 miles

  • 20th & Wisconsin Lot

    0.64 miles

  • B

    0.67 miles

  • T

    0.70 miles

  • S

    0.76 miles

  • W

    0.77 miles

  • C

    0.77 miles

  • BBC Lighting Parking

    0.79 miles

  • Manderley Bed & Breakfast

    0.19 miles

  • Village Inn

    0.28 miles

  • Ambassador Hotel

    0.44 miles

  • Ambassador Inn at Marquette

    0.47 miles

  • Biller Hotel

    0.48 miles

  • Potawatomi Hotel

    1.12 miles

  • The Brewhouse Inn & Suites

    1.30 miles

  • Hyatt Place

    1.45 miles

  • National Avenue Hotel

    1.51 miles

  • Double Tree by Hilton

    1.55 miles

  • Wendy's

    0.11 miles

  • Five O'Clock Steakhouse

    0.33 miles

  • McDonald's

    0.36 miles

  • Taco Bell

    0.50 miles

  • Sal's Pizza

    0.57 miles

  • Broken Yolk

    0.59 miles

  • Dinersland Chinese Cuisine

    0.62 miles

  • Lisa Kaye Bistro

    0.74 miles

  • Miss Katie's Diner

    0.75 miles

  • Real Chili

    0.82 miles

  • Woodlands School

    0.21 miles

  • Professional Learning Institute

    0.32 miles

  • Milwaukee Academy of Chinese Languages

    0.33 miles

  • Messmer Saint Rose

    0.40 miles

  • James E. Groppi High School

    0.41 miles

  • Marquette University High School

    0.45 miles

  • Milwaukee High School of the Arts

    0.46 miles

  • Milwaukee Academy of Science

    0.52 miles

  • Story School

    0.57 miles

  • Saint Michaels School

    0.62 miles

  • Children's Pantry Daycare

    0.88 miles

  • Growing Tree Children's Center

    1.18 miles

  • Future Leaders Academy

    1.36 miles

  • Peladitos Centro De Cuidado Infantil

    1.39 miles

  • Happy Trails Child Care Center

    1.41 miles

  • Myndful Teaching CC Services

    1.41 miles

  • The Children's Palace Learning Center

    1.48 miles

  • Tomorrow's Future Early Childhood Center

    1.64 miles

  • Jo's Daycare Academy

    1.76 miles

  • Ebenezer Child Care

    1.79 miles

Frequently Asked Questions

How much does 2820 W KILBOURN AVE cost?

The space currently listed for sale at 2820 W KILBOURN AVE asks for $1,900,000.

What is the total square footage of 2820 W KILBOURN AVE?

2820 W KILBOURN AVE totals 23,535 square feet.

When was this property built?

2820 W KILBOURN AVE was built in 1962.

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Contact Listing Broker
broker
Luis Robles

Kiser Group