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Executive Summary

Classic brick 10 unit building between Prospect Ave and Lake Michigan on the lower east side of Milwaukee. One of the most sought after locations in the City, the building's mix consists of (8) 4BR and 1 full bathroom plus 2 half baths, and (2) 1BR/1BA apartments. The remodeled 4BR units feature new LVP flooring, large living room, washer & dryer In-Unit, updated kitchen with quartz countertops, stainless steel appliances including dishwasher! Some units have lake views. Building features on-site coin laundry, indoor bicycle parking, and a locked lobby. Take a short walk to Collectivo on the lakefront, the McKinley Marina, Bradford Beach, and public tennis courts! You are also walking distance to Whole Foods, the Oak Leaf Trail, Brady St, and North Ave. Contact Dan Mickelsen with questions at 808-457-8433.

Property Facts

Price $3,166,019 CAD
Price Per Unit $316,602 CAD
Sale Type Investment
Cap Rate 6.10%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.10 AC
Building Size 15,990 SF
Average Occupancy 100%
No. Stories 4
Year Built 1903
Zoning RM7

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 - -
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
355-1441-100-8
Land Assessment
$40,883 CAD
Improvements Assessment
$2,559,795 CAD
Total Assessment
$2,600,678 CAD
  • Listing ID: 40165168

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 1816 E Kane Pl, Milwaukee, WI 53202

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