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33966831
33966853

2436 S Wentworth Ave, Milwaukee, WI 53207

MF
WI 114459 - 94
NO
MN MN #40329256
Apartment Cash Flow Inc.
Listed by Apartment Cash Flow Inc.
$1,175,000
2 days on market
Updated 1 day ago

2436 S Wentworth Ave

Details
APN 5001322000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,200
Net Rentable (SqFt) 5,200
Units 5
Cap Rate 5.93%
NOI $69,690
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.60%
Pro-Forma NOI $77,593
Price per SqFt $267
Class C
Year Built 1913
Acreage 0.110
Zoning RT4
Parking Spaces 5 spaces
Parking Per SqFt 0.96

Turnkey Bay View 5-Unit with Airbnb Flexibility & Rental Upside

Marketing description

Exceptional opportunity to acquire a fully renovated 5-unit apartment building in the heart of Bay View, one of Milwaukee's most desirable rental neighborhoods. The property features four renovated long-term apartments plus one furnished 2-bedroom unit currently operating as a successful Airbnb, offering flexibility for short-term, mid-term, or traditional long-term rental strategies. Current rents reach $1,850/month, with recent comparable rentals supporting additional rental upside. Tenants pay gas and electric, with all units separately metered. Recent improvements include a new roof (2017), exhaust vents (2023), modernized interiors, updated kitchens, stainless steel appliances, and contemporary finishes throughout. Off-street parking and onsite laundry further enhance tenant appeal. Conveniently located near Kinnickinnic Avenue, South Shore Park, downtown Milwaukee, restaurants, shopping, and Lake Michigan. A turnkey investment in one of Milwaukee's strongest multifamily submarkets.

Investment highlights

  • Prime Bay View location on a quiet residential street
  • 5-unit apartment building with four long-term rentals and one furnished Airbnb
  • Fully renovated interiors with modern kitchens, stainless steel appliances, and updated finishes
  • Opportunity to operate the furnished unit as STR, MTR, or traditional long-term rental
  • Strong in-place cash flow with additional rental upside as leases renew
  • Two leases expire in September 2026, providing near-term rent growth opportunity
  • Separately metered gas and electric with no common electric expense
  • Individual forced-air furnaces and water heaters for each unit
  • Roof replaced in 2017; exhaust vents replaced in 2023
  • Off-street parking and onsite laundry

Listing Contacts

MF
WI 114459 - 94
NO
MN MN #40329256
Apartment Cash Flow Inc.
Listed by Apartment Cash Flow Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$69,690.00
$5,807.50/mo

Valuation Metrics

0
DSCR
5.93%
Cap Rate
5.93%
ROI

Map

Zoning

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RT4 ResidentialTwo FamilyTwo Family Residential Districts
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Last updated Apr 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Max Fiascone
License
114459 - 94
Brokerage Phone
414-250-8132
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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