facebook
Traded Co logo
Submit
Daily limit: 0/10

Marcus & Millichap Sells The Edgewater Apartments Multifamily Property In Milwaukee For $4.875M

Property Image
SOLD
$4,875,000

Wisconsin

See Similar Deals
MultiFamily
Sold
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Sells The Edgewater Apartments Multifamily Property In Milwaukee For $4.875M

1106 East Knapp Street

See Similar Deals
MultiFamily
Sold
Contact now

Summary

WISCONSIN
Asset Type:MultiFamily
Transaction Type:Sale

The Edgewater Apartments is a multifamily asset located at 1106 East Knapp Street in Milwaukee, WI. The property contains 48 one-bedroom units and was sold for $4,875,000, translating to approximately $101,563 per unit. The building was constructed in 1963 and sits on a 0.32-acre lot, featuring underground parking and proximity to the lakefront and downtown area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,875,000
  • Units: 48
  • Price Per Unit: $101,563
  • Address: 1106 East Knapp Street
  • Market: Milwaukee, WI

The transaction was facilitated by brokers Blake Hanlon and Mark Peltin from Marcus & Millichap, who represented the parties involved in the sale of the property.

Players

Mark Peltin
5 deals$20.7M volume(262) 364-1929
BROKER

Blake Hanlon
Marcus & Millichap
5 deals$20.7M volume(262) 364-1918
BROKER

Details

SOLD
IMAGE: 03/10/2026 ADDRESS: 1106 East Knapp Street MARKET: Milwaukee, WI ASSET TYPE: Multifamily BROKERS: Blake Hanlon & Mark Peltin - Marcus & Millichap SALE PRICE: $4,875,000 UNITS: 48 ~ PPU: $101,563 NOTE: Marcus & Millichap sold The Edgewater Apartments, a 48-unit Milwaukee multifamily property, for $4.875M, or about $101.6K per unit. The 1963-built building on 0.32 acres features one-bedroom units, underground parking, and is near the lakefront and downtown.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$259,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,319.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,109.99
Annual Debt Service$277,319.85