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Listed by Max Fiascone • Apartment Cash Flow, Inc.
$ 1,550,000
Est. payment /mo
Pending
2028 & 2034 S 81st Street West Allis, WI 53219
8 Beds
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Municipality WEST ALLIS
MLS Listing ID 2027054
Bedrooms 8
Year Built 1978
Annual Tax Amount $18,105
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
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
Zoning G2
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Brick
Building
Dwelling Type Apartment Building,2 Story
Story 1 - 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Franklin/Randall
Middle Schools Lincoln
High Schools Jefferson
School District West Allis-West Milwaukee
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