$580,000
About this home
$580,000. Unique turn-key opportunity for the savvy investor to own this 5-unit multi-family property in Granville Station. Stable positive cash flow with four 2BDRM/1BA units & one 3BDRM/1.5BA Townhouse unit--ideal for an owner-occupant! MTM leases add flexibility for new ownership. Updated appliances included in each unit & coin-operated common laundry in basement. 10 space parking lot for tenant convenience add to lease appeal. $5,475 in monthly leases & low maintenance requirements yields $2,908 of positive monthly cash flow with room to grow. Recent building updates include: New Furnace, 2 New Water Heaters, Exterior Smart Lighting & Smart Heat Tape, Security Cameras & Master Lock System. Recent unit updates include: LVP Floors, Paint, Light Fixtures & bathroom updates.
Facts & features
- Status
- For Sale
- Property type
- Multi-Family
- Year built
- 1973
- Finished sq ft
- 4,936
- Lot size
- 0.3 acres
- Garage
- Near Public Transit, Outdoor Space
- Basement
- Laundry Facilities, Block, Full
- School district
- Milwaukee
- County
- Milwaukee
- Days on market
- 31
- MLS#
- 1984975
- Construction
- Low Maintenance Trim, Aluminum Siding, Brick
- Parking
- Near Public Transit, Outdoor Space
- Water
- Municipal Water
- Sewer
- Municipal Sewer
Location
Directions: Good Hope Rd to North on 107th St. East on Heather Ave to Property. Property is on the corner of Granville Rd and Heather Ave. 86N 105W
Estimated monthly payment
$3,823/mo
- Principal & interest
- $2,933
- Property tax
- $773
- Insurance (estimate)
- $117
20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers
Listing courtesy of Hanson & Co. Real Estate · Katrina Hanson. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Nov 6, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.
