3700-3712 N Sherman Blvd, Milwaukee, WI 53216 (MLS # 1952517)

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PRICE $690,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 23,523 sqft

Public Remarks: This 12-unit multifamily presents a rare opportunity to acquire a high-unit-count asset with immediate repositioning potential. Currently, 7 units are occupied and 5 units are vacant, creating the perfect scenario for an investor to implement upgrades and lease at full market rents. The 12-car garage adds an advantage that strengthens tenant retention and overall property value. This asset is ideal for an investor looking to force appreciation through renovations and lease-up strategy. With a few vacancies, the buyer has control to improve quality, set new rent comps, and increase overall asset value without displacing stabilized long-term tenants.

LAST UPDATED 3/5/2026 YEAR BUILT 1951
COUNTY Milwaukee STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
BASEMENT Full, Partial, Yes
CONSTRUCTION Brick
LOT 0.54 acre(s)
LOT DIMENSIONS 0.54
SEWER Public Sewer
WATER Public
ZONING RT2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only
Listed with Keller Williams Realty-Milwaukee North Shore
Metro Wisconsin

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