Listing provided courtesy of Forest Green Realty/EC CommercialMetro MLS- MLS# 1969486
New
Images
Request Info- Mitchell-On-Water
- Mitchell-On-Water (1)
- Kitchen
- Living Room
- Den
- Living Room 2
- Living Room 3
- Closet
- Master Bath 1
- Master Bath 2
- Rooftop Terrace
- Dog Area
- Entry/Mailbox
226 N Water StMilwaukee, WI 53202
Multi-Family · 39,450 Sq. ft. | 0.24 Acres$7,750,000
Active
226 N Water St Overview
- Time on Site:
- 19 hours
- Visits:
- 1
Prime investment opportunity in the heart of Milwaukee, WI. This prominent property, boasting a 39,450 SF building, features 12 meticulously designed residential units on floors 2 - 4 and a 7,000SF fully leased retail space on the 1st floor. A timeless structure built in 1914 and thoughtfully historically renovated in 2018. Zoned C9G and currently at full occupancy, this multifamily gem offers a compelling blend of historic charm and modern convenience. Rooftop Terrace w pergola, seating area, grill, fire pit and dog area. 21 Underground Parking, w 2 electric charging stations. Each space $150/month Modern kitchen w granite, spacious island, staggered raised panel cabinetry, crown molding, tile backsplash, stainless steel appliances. Private spa master baths with large walk-in closets.
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226 N Water St Facts & Features
- Type Multi-Family
- Sq. ft. 39,450
- Price/Sq.ft. $196
- Lot 0.24 Acres
Details
General
School Information
- School District: Milwaukee
Income/Expenses
- Gross Scheduled Income: 754892.99
- Net Operating Income: 222951.93
- Operating Expense: 531941.06
Listing Information
- Concessions: No
Building Information
- Year Built: 1914
Location/Region
- County Or Parish: Milwaukee
- Postal City: Milwaukee
General Information
- Inclusions: 12 Electric fireplaces, refrigerators, washing machines, dryers, microwaves, range/stoves and garbage disposals
- Parcel Number: 3920988000
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Total: 39450
General Information
- Basement: None
Exterior
Parking Information
- Parking Features: Electric Vehicle Charging Station(s),Near Public Transit,Underground Garage
Lot Information
- Lot Size Acres: 0.24
- Lot Size Area: 0.24
- Lot Size Square Feet: 10454.4
- Lot Size Units: Acres
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Sewer: Municipal Sewer
226 N Water St Neighborhood
Community
53202 (Milwaukee) Demographics
32
Median Age
7,961
Population Density (per sq. mile)
69%
College Educated
$53,812
Estimated Median Income
3,334
Estimated Total Home Owners
12,484
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.226 N Water St Monthly Cost
226 N Water St Market Data
Based on the last 30 days in this zip code
$606,955
Average List Price
$377
Average Price per Square Foot
30
Properties Sold
81
Average Days on Market
171
Properties for Sale
226 N Water St History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: Metro MLS | June 29, 2026 |
|
| 4/27/2026Source: Metro MLS | Closed |
|
| 4/27/2026Source: Metro MLS | Closed |
|
| 1/14/2026Source: Metro MLS | January 14, 2026 |
|
| 1/9/2026Source: Metro MLS | January 09, 2026 |