226 N Water St

For Sale

226 N Water St, Milwaukee, WI 53202

This Milwaukee property for sale is located at 226 N Water St. The current listed sale price for 226 N Water St is $7,750,000. 226 N Water St is situated on a lot that is 0.24 acre in size.

Contacts

Alicia Alexander

EC Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 39,450 SF
  • Units 13
  • Lot Size 0.24 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1914
  • Year Renovated 2018
  • Date Updated Jul 29, 2026
Discover the vibrant neighborhood surrounding the property at 226 N Water St, Milwaukee, WI. Situated in the heart of downtown, this thriving area boasts a diverse range of dining, entertainment, and cultural attractions. Experience the bustling nightlife along the historic Riverwalk, explore the nearby Milwaukee Art Museum, or catch a game at the iconic Fiserv Forum. With its close proximity to the scenic Lake Michigan waterfront, this location offers an ideal blend of urban convenience and natural beauty. Investors seeking a prime multifamily or high-rise opportunity will appreciate the dynamic energy and endless possibilities of this sought-after Milwaukee locale.Introducing a prime investment opportunity in the heart of Milwaukee, Wisconsin. This prominent property, boasting a 39,450 SF building, features 12 meticulously-designed residential units on floors 2 - 4 and a retail space with renewed lease on the 1st floor. A timeless structure built in 1914 and thoughtfully renovated in 2018. Zoned C9G and currently at full occupancy, this multifamily gem offers a compelling blend of historic charm and modern convenience. With its strategic location in the vibrant Milwaukee area, investors will appreciate the potential for long-term value and steady returns. Don't miss the chance to be part of this thriving market with a turnkey high-rise property offering a strong rental history and promising future prospects.
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Highlights

  • Ample Underground Parking
  • Modern kitchen designs with granite tops, spacious island, staggered raised panel cabinetry, crown molding, tile backsplash, stainless steel appliances
  • Rooftop Terrace with pergola, seating area, dry bar, grill and fire pit
  • Spacious bedroom suites with exposed ceilings, large windows, unique walk-in closets, private baths with dual sinks, large walk-in tile show and standalone tub
  • Uncovered cream city brick in living room with polished concrete floors, electric fireplace and walk-in laundry room with full size washer/dryer
  • Wifi thermostats, electric vehicle charging stations

Getting around

  • 95/100

    Walk Score ®

  • 72/100

    Transit Score ®

  • 86/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Milwaukee, WI
  • Neighborhood Historic Third Ward
  • Zip Code 53202
  • Market Milwaukee

Points of Interest

  • Historic Third Ward

    0.14 miles

  • Saint Paul at Plankinton

    0.18 miles

  • Clybourn & Jefferson

    0.31 miles

  • Michigan & Jackson

    0.39 miles

  • Wisconsin Avenue

    0.39 miles

  • Intermodal Station

    0.40 miles

  • Lakefront

    0.54 miles

  • City Hall

    0.58 miles

  • Cathedral Square

    0.68 miles

  • Taxi Pick-Up

    5.91 miles

  • BP

    0.15 miles

  • Walker's Point Mobil

    0.59 miles

  • Tesla Destination Charger

    1.10 miles

  • Clark

    1.22 miles

  • Jetz

    1.25 miles

  • Speedway

    1.33 miles

  • Citgo

    1.42 miles

  • ChargePoint

    5.78 miles

  • Tesla Supercharger-Glendale, WI

    6.10 miles

  • Tesla Supercharger

    9.21 miles

  • Historic Third Ward Water Street Structure

    0.06 miles

  • 333 Water Parking Garage

    0.09 miles

  • Marshall Building Tenant Parking

    0.10 miles

  • Auler Lot

    0.12 miles

  • Buffalo Parking Building

    0.13 miles

  • Third Ward Lot

    0.15 miles

  • Historic Third Ward Milwaukee Street Structure

    0.17 miles

  • Public Market Deliveries

    0.18 miles

  • Milwaukee Public Market Parking

    0.19 miles

  • Landmark Lot

    0.20 miles

  • Kimpton Journeyman Hotel

    0.11 miles

  • Homewood Suites

    0.23 miles

  • Cambria Hotel

    0.27 miles

  • Tru by Hilton

    0.30 miles

  • Home2 Suites by Hilton

    0.32 miles

  • Hilton Garden Inn

    0.33 miles

  • Kinn MKE Guesthouse

    0.33 miles

  • Holiday Inn Express

    0.34 miles

  • Residence Inn

    0.36 miles

  • Milwaukee Marriott Downtown

    0.37 miles

  • MOD GEN

    0.07 miles

  • TJ Maxx

    0.41 miles

  • The Avenue

    0.44 miles

  • Kohl's

    0.52 miles

  • Metro Market

    0.86 miles

  • Cermak Fresh Market

    0.99 miles

  • Pick 'n Save

    1.12 miles

  • El Campesino

    1.24 miles

  • Fresh Thyme

    1.26 miles

  • El Rey

    1.43 miles

Contact Listing Broker
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