Unique cash flowing investment opportunity! Large commerical studio space is accompanied by a 12 rooming house units that is currently near completely occupied to bring in a solid monthly income! Comprised of an open commerical space currently serving as a dance studio on the first floor, with 12 rooms for rent with a full bathroom facility on the second floor. Convenient, highly visible location near public transit and large marquee for signage and advertising. Stout building has been maintained with a current license and is ready to be turned over to a new owner.
Active
$399,500
2338 West Forest Home AVENUE, Milwaukee, WI 53215
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1875
-- sqft lot
$385,700 Zestimate®
$--/sqft
$-- HOA
What's special
Dance studio
- 104 days
- on Zillow |
- 77 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 01:42am
Listed by:
John Newland 414-852-0921,
TerraNova Real Estate
Source: WIREX MLS,MLS#: 1917894
Originating MLS: Metro MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Natural Gas, Hot Water/Steam
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 84 x 64 x 80 x 12 TBV
Details
- Parcel number: 4709943000
- Zoning: LB2 Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other, Brick/Stone, Stone
Condition
- 21+ Years
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $284,800
- Annual tax amount: $6,825
- Date on market: 5/14/2025
- Inclusions: Any Seller-Owned Appliances Left In Property Upon Closing
- Exclusions: Seller And Tenant Personal Property
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