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$499,000

  • For Sale
  • Active
  • Multi-Family
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Excellent mixed-use investment opportunity in Riverwest featuring 8 total units: 5 commercial spaces on the first floor and 3 residential units above. 2 residential units already renovated with the opportunity to add 1-2 units in the unfinished 3rd floor. Located just 1 mile from I-43 access at W Locust Street, this property offers outstanding visibility and accessibility. Premier Milwaukee location with close proximity to downtown amenities, public transportation, and major thoroughfares. Strong potential for rental income growth and property enhancement. Ideal for investors seeking value-add opportunities in a high-demand area.

Full Property Details for 820 E Locust St #832

General

  • Price: $499,000
  • Taxes: $14,600 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1931073
  • Updated: 12/3/2025
  • Added to Site: 155 day(s) ago

Parking

  • Uncovered Spaces: 6
  • Parking Features: Outdoor Space

Location

  • County: Milwaukee

School Information

  • School District: Milwaukee

Heating & Cooling

  • Heating/Cooling: Other

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Architectural Style: Other
  • Exterior Const.: Brick
  • Basement Desc.: Full
  • Stories Description: 1 to 2 Stories
  • Year Built: 1897

Unit Information

Unit 1

  • Number of Units: 1
  • Unit Description: 1 Bath, 2 Bedrooms, Other
  • Square Feet: 750 or Les

Unit 2

  • Number of Units: 1
  • Unit Description: 2 Bedrooms, 3 or More Bedrooms, Other
  • Square Feet: 750 or Les

Unit 3

  • Number of Units: 1
  • Unit Description: 2 Bedrooms, Other
  • Square Feet: 750 or Les

Lot Features

  • Lot Size (Acres): 0.17
  • Zoning: LB2

Financial Considerations

  • Tax Amount: $14,600
  • Tax Year: 2024

Listed by Inland Real Estate Partners, LLC

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Listing agent

— 820 E Locust St #832 —

  • Inland Real Estate Partners, LLC

414-276-9500

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 820 E Locust St #832

School District:Milwaukee School District
NameGradesDistance
La Escuela Fratney
3255 North Fratney Street, Milwaukee, WI 53212
PK-50.5 mi
Holmes Elementary School, Milwaukee, WI
2463 North Buffum Street, Milwaukee, WI 53212
PK-80.6 mi
Maryland Avenue Montessori School
2418 North Maryland Avenue, Milwaukee, WI 53211
PK-81.1 mi
Roosevelt Middle School of the Arts
800 West Walnut Street, Milwaukee, WI 53205
6-81.6 mi
Lincoln Center of the Arts
820 East Knapp Street, Milwaukee, WI 53202
6-81.6 mi
Carmen Middle/High School of Science and Technology, Northwest Campus
5496 North 72nd Street, Milwaukee, WI 53218
6-126 mi
Riverside University High School
1615 East Locust Street, Milwaukee, WI 53211
9-120.6 mi
Rufus King International High School
1801 West Olive Street, Milwaukee, WI 53209
9-122.3 mi
Milwaukee High School of the Arts
2300 West Highland Avenue, Milwaukee, WI 53233
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 820 E Locust St #832 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$499,000
-9.26%
MLS
8/14/2025
Listed
$549,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Inland Real Estate Partners, LLC

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820 E Locust St #832, Milwaukee, WI 53212 (MLS# 1931073) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 820 E Locust St #832 is currently listed for $499,000 and was received on August 14, 2025. Want to learn more about 820 E Locust St #832? Do you have questions about finding other Multi-Family real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

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