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Brandon Grosse

[email protected] +1(608) 577-9860

Listed by Apartment Cash Flow, Inc.

$ 1,550,000

Est. payment -/mo

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Pending

2028 & 2034 S 81st Street West Allis, WI 53219

8 Beds

4 Baths

3,720 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Pending

Purchase Type For Sale

Square Footage 3,720 sqft

Price per Sqft $416

MLS Listing ID 2027054

Bedrooms 8

Full Baths 4

Year Built 1978

Annual Tax Amount $18,105

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Apartment building,2 story

Property Description

Completely renovated 8-unit apartment community in West Allis featuring eight spacious 2-bedroom, 1-bath units averaging approximately 930 SF. Extensive improvements include fully renovated interiors with quartz countertops, stainless steel appliances, updated bathrooms, new windows, new HVAC systems, new water heaters, new electrical panels, new balconies, and a recently improved parking lot. Current rents demonstrate strong upside, with leases already signed as high as $1,650/month and vacant units currently being marketed at $1,700/month, providing investors with continued income growth through natural lease turnover. Tenants pay their own gas and electric, while the property offers ample off-street parking, private balconies, central air conditioning, and individual storage lockers. A truly turnkey investment with minimal near-term capital expenditure needs.

Location

State WI

County Milwaukee

Area Other In Wisconsin

Zoning G2

Direction From I-94: Exit S 84th St, south to W Becher St, east to S 81st St. Property on east side.

Rooms

Basement Full, Laundry facilities, Storage area

Interior

Heating Forced air

Heat Source Natural Gas

Exterior

Parking Features Outside, Parking lot, Paved, Shared

Building

Water Municipal sewer, Municipal water

Structure Type Brick

Schools

Elementary Schools Franklin/Randall

Middle Schools Lincoln

High Schools Jefferson

School District West Allis-West Milwaukee

NEARBY SCHOOLS & PROPERTIES

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Brandon Grosse

Broker | ACCORD 54913-90

+1(608) 577-9860 | [email protected]

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Madison, WI