7786 SQ FT

Year 1961

N/A ROOMS

0.18 ACRES

N/A BEDS

N/A / BATHS

N/A CARS

1949575

Milwaukee Property Sold For:

$540,000

5232 W Oklahoma Ave
Milwaukee WI 53219

Listed by RE/MAX Service First

Well-maintained 12-unit brick and block office building in a prime Milwaukee location, directly across from Serb Hall and positioned between the White Manor and Lyons Park neighborhoods. This income-producing property generates $5,600 per month with nine tenants in place, offering full and strong occupancy and stability. Most tenants are on month-to-month leases, creating immediate upside through future rent adjustments. The building features individually metered circuit breakers, a 4-year-old boiler, approximately 10-year-old water heater, sump pump, and seven surface parking spaces for tenants and visitors. Solid construction, consistent cash flow, and value-add potential make this an excellent opportunity for investors seeking a stable commercial asset with room to grow.

Listed By: RE/MAX Service First
Brought Buyer: RE/MAX Service First

Listing Price: $625,000
Closing Price: $540,000

Sold Date: 2026-03-31
Days On Market: 38 Days

Property Details

Listing Details

Price

$625,000

Year Built

1961

SQ FT

7786

Lot Size

0.18 ACRES

Tax Key

5130102000

TaxYear

2024

Property Taxes

$8,230

Exclusions

Sellers and tenants personal property

Property Type

Comm/Industrial

Zoning

NS2

Property Status

Closed

MLS#

1949575

Interior Details

Included Appliances

N/A

Interior Features

N/A

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Levels

N/A

Exterior Details

Architectural Style

N/A

Construction Materials

Brick

Garage Spaces

N/A

Parking Features

N/A

Lot Features

N/A

Exterior Features

N/A

Other Structures

N/A

Waterfront Features

N/A

Utilities & Energy

Municipal Water

Photo

Sold

About Milwaukee

The Milwaukee city proper provides almost anything a resident can dream of. It is big city bustle with the Midwestern charm that Wisconsin offers, filled to the brim with fun activities for all ages. From classy steakhouses to food trucks, movie theaters to laser tag, nightclubs to wine tastings, Milwaukee has the perfect combination of big brands and local business.

Downtown is a blend of beautiful historic architecture and new development - a characteristic of the constantly changing, but deeply rooted culture that inhabits the city. There are beaches, biking trails, and beautiful scenic walks just minutes away from Milwaukee's heart, and small green spaces abound throughout the city. It is home to the most culturally diverse population in Wisconsin, evident in the architecture, food, art, and music you can experience throughout the city.

Community Population

578,198

Community Area

N/A SQ/MILES

Community Suburb of

Milwaukee County

Community Lifestyle

Urban

LEARN MORE

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

N/A

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Milwaukee Property Sold For:

5232 W Oklahoma Ave Milwaukee WI 53219

5232 W Oklahoma Ave
Milwaukee WI 53219