Listing Courtesy of: The Hub Realty
Listing Agent: Hunter Spear
262-745-3864
Rare 8-unit investment opportunity at 718 W Grange Ave featuring (5) spacious 2BR/1.5BA units and (3) oversized 3BR/2BA units. This substantial 11,353 SF property offering includes 7 indoor garage spaces, 10 surface parking spaces, tenant storage lockers, and coin-operated laundry on both floors. None of these amenities are currently being separately charged, creating immediate opportunities to increase revenue. All units are currently month-to-month, with one vacant unit providing an opportunity for immediate lease-up. A compelling value-add investment with multiple paths to grow income and maximize long-term returns, including parking, storage, and utility passthroughs.
| Mls #: | 2032642 |
|---|---|
| List Price: | $1,200,000 |
| Class: | Multi Family |
| Status: | Offer-Show |
| Net Taxes: | $19,331 |
| Est. Total Acres: | 0.443 |
| Waterfront Y/N: | No |
| Municipality: | Milwaukee |
| County: | Milwaukee |
| ZIP: | 53221 |
| Year Built: | 1952 |
| Number Of Units: | 8 |
| Location: | Other In Wisconsin |
| State: | WI |
| C/T/V: | City |
| U1 Landlord Pays Heat: | Yes |
| U1 Landlord Pays Electric: | No |
| U1 Landlord Pays Wtr/Sew: | Yes |
| U2 Landlord Pays Heat: | Yes |
| U2 Landlord Pays Electric: | No |
| U2 Landlord Pays Wtr/Sew: | Yes |
| Heating Type: | Steam |
| Zoning: | RM-1 |
| High School: | Call School District |
| Middle School: | Call School District |
| Elementary: | Call School District |
| Heating Fuel: | Natural Gas |
| Unit 1: | 718 A |
| U1 Lease Expiration Date: | MTM |
| U1 Parking: | 2 Car Garage |
| Unit 2: | 720 Unit 1 |
| U2 Lease Expiration Date: | MTM |
| U2 Parking: | 2 Space |
| # Water Heaters: | 9 |
| # Water Softeners: | 0 |
| # Stoves: | 8 |
| # Refrigerators: | 8 |
| # Dish Washers: | 3 |
| # Washers: | 2 |
| # Dryers: | 2 |
| # Units W/Ac: | 8 |
| U1 # Bedrooms: | 3 |
| U1 Full Baths: | 2 |
| U1 Half Baths: | 0 |
| U2 # Bedrooms: | 2 |
| U2 Full Baths: | 1 |
| U2 Half Baths: | 1 |
| Total Assess Year: | 2025 |
| Tax Year: | 2025 |
| Number Of Efficiencies: | 0 |
| Number Of 1 Bedrooms: | 0 |
| Number Of 2 Bedrooms: | 5 |
| Parking Stalls Inside: | 7 |
| # Furnaces: | 0 |
| U1 Sq Ft: | 1,410 |
| Number Of 3+ Bedrooms: | 3 |
| U2 Sq Ft: | 823 |
| Parking Spaces Outside: | 10 |
| Land Assess: | $44,600 |
| Improvements: | $884,600 |
| Total Assess: | $929,200 |
| Total Income: | $138,510 |
| Total Expenses: | $52,970 |
| Net Operating Income: | $85,540 |
| Unit 1 Bedroom 3 Lvl: | M |
| Unit 1 Dining Area Lvl: | M |
| Unit 1 Kitchen Lvl: | M |
| Unit 1 Living/Great Rm Lvl: | M |
| Unit 1 Master Bed Rm Lvl: | M |
| Unit 2 Bedroom 2 Lvl: | M |
| Unit 2 Dining Area Lvl: | M |
| Unit 2 Kitchen Lvl: | M |
| Unit 2 Living/Great Rm Lvl: | M |
| Unit 2 Master Bed Rm Lvl: | M |
| Unit 1 Bedroom 2 Lvl: | M |
| Source Of Est. Acres: | Assessor |
| Source Of Year Built: | Assessor |
| Unit 1 Bedroom 2 Dim: | 10x15 |
| Unit 1 Bedroom 3 Dim: | 11x15 |
| Unit 1 Dining Area Dim: | 13x13 |
| Unit 1 Kitchen Dim: | 12x17 |
| Unit 1 Living/Great Rm Dim: | 14x16 |
| Unit 1 Master Bed Rm Dim: | 9x19 |
| Unit 2 Bedroom 2 Dim: | 9x11 |
| Unit 2 Dining Area Dim: | 11x6 |
| Unit 2 Kitchen Dim: | 11x8 |
| Unit 2 Living/Great Rm Dim: | 17x14 |
| Unit 2 Master Bed Rm Dim: | 13x14 |
| County Qtr Section: | Other in Wisconsin |
| School District: | Milwaukee |
| Parcel Id: | 6420773000 |
| U1 Mo Rent: | $1,665 |
| U2 Mo Rent: | $1,200 |
| Type: | 2 story |
| Exterior: | Aluminum/Steel, Stucco |
| Basement: | None |
| Water/Waste: | Municipal water, Municipal sewer |
| Directions: | W Air Cargo Way to right on S 6th Street, left on W Grange Ave, Property is on the right |
| Items Included: | 8 Refrigerators, 8 stoves, 2 dishwashers, 2 washers, 2 dryers |
| Items Excluded: | Seller's/tenant's personal property |
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the IDX Program of the South Central Wisconsin Multiple Listing Service.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 South Central Wisconsin Multiple Listing Service.
South Central Wisconsin Multiple Listing Service data last updated on October 08, 2026 04:31 PM - CT.
Property Last Updated: October 08, 2026 04:31 PM - CT
