Waukesha County · Waukesha
Sell Your Commercial Property In Waukesha, WI
We are an active buyer of Waukesha commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Pewaukee · Brookfield · New Berlin · Delafield — Waukesha County, WI
Why Waukesha
Why We Buy Multifamily In Waukesha
Waukesha is a Waukesha County city of 71,233 residents with a median household income of $83,837, per ACS 2020-2024. Renters occupy 41.2% of Waukesha's 30,567 occupied homes. Some 28.6% of housing units sit in buildings with five or more units. Median gross rent is $1,219 a month, above the Wisconsin median of $1,087. This profile covers Waukesha rents, HUD fair market rents, commuting patterns, 2025 property tax rates and Wisconsin landlord rules for owners who plan to sell commercial property in Waukesha, WI.
Local jobs and commuters
Of 40,512 Waukesha workers, 16,033 (39.6%) work in the city and 24,479 commute elsewhere, per ACS table B08008.Income above the state
Waukesha's median household income is $83,837, above Wisconsin's $77,485, per ACS 2020-2024 table B19013.High purchase prices
Waukesha's median home value is $315,500 against $266,500 statewide, per ACS table B25077, which supports renter demand.Our Buy Box
What We Buy In Waukesha
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Waukesha Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Waukesha
Waukesha had 12,592 renter households among 30,567 occupied homes in ACS 2020-2024, a 41.2% renter share. Waukesha County's renter share is 24.0%, and Wisconsin's is 32.2%.
Buildings with five or more units hold 8,999 of Waukesha's 31,481 housing units, or 28.6%. For anyone selling commercial property in Waukesha, that share defines the local apartment segment. Some 51.2% of units were built before 1980.
Rents and affordability in Waukesha
Waukesha's median gross rent is $1,219 a month in ACS 2020-2024. The Waukesha County median is $1,356, and the Wisconsin median is $1,087. Some 47.2% of Waukesha renter households spend 30% or more of income on rent.
Waukesha falls in HUD's Milwaukee-Waukesha, WI MSA fair market rent area.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $985 |
| One bedroom | $1,060 |
| Two bedroom | $1,263 |
| Three bedroom | $1,553 |
| Four bedroom | $1,664 |
Buyers test a rent roll against these figures, so owners who sell commercial real estate in Waukesha, WI should have current leases ready.
Property taxes in Waukesha County
Waukesha's 2025 effective tax rate was $13.08 per $1,000 of full value, per the Wisconsin Department of Revenue. The gross rate was $14.09 per $1,000, and assessments stood at 97% of full value.
On a $2,000,000 full value, the effective rate gives $26,160 a year. The gross rate gives $28,180 before the state property tax credit.
When you sell commercial property in Waukesha, WI, the state transfer fee is $0.30 for each $100 of value. That fee is $6,000 on a $2,000,000 sale.
Landlord rules in Wisconsin
The state landlord-tenant guide sets three rules that shape Waukesha leases.
- Deposits are due back within 21 days after the rental agreement ends, under ATCP 134.06.
- A tenant on a lease of one year or less gets a 5-day cure notice for late rent before eviction.
- A month-to-month tenant can receive a 14-day notice for unpaid rent without a cure period.
A buyer's lease audit will test these rules when you sell multifamily property in Waukesha.
What it means for a Waukesha owner
Waukesha pairs a $1,219 median rent with a $13.08 effective tax rate, and buyers underwrite both. Run your figures in our cap rate calculator before you sell commercial property in Waukesha, WI.
Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in Waukesha, start on our apartment seller page.
Seller Notes
Pricing Your Building In Waukesha
More about selling in Wisconsin →Investing in Waukesha? See apartment syndications in Waukesha →
- Waukesha's 2025 effective property tax rate was $13.08 per $1,000, per the Wisconsin Department of Revenue.
- HUD's FY2027 two-bedroom fair market rent for the Milwaukee-Waukesha metro is $1,263 a month.
- Owners who sell commercial real estate in Waukesha, WI pay a $6,000 transfer fee on $2,000,000.
Seller Guides
Your Situation, Handled — Waukesha
Learn More
Taxes & Rules For Waukesha Property
The Wisconsin rules that shape any deal in Waukesha: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Waukesha Seller FAQ
How much property tax do buyers assume when I sell commercial property in Waukesha, WI?
Waukesha's 2025 effective tax rate was $13.08 per $1,000 of full value, per the Wisconsin Department of Revenue. On a $2,000,000 building that equals $26,160 a year. The gross rate was $14.09 per $1,000, with Waukesha assessments at 97% of full value, before the state tax credit.
What does the transfer fee cost if I sell commercial real estate in Waukesha, WI?
Wisconsin's real estate transfer fee is $0.30 for each $100 of value, per the Department of Revenue. At that rate, a $2,000,000 sale of a Waukesha apartment building carries a $6,000 fee, and the fee scales with the property's value.
How many Waukesha renters are cost-burdened?
In Waukesha, 47.2% of renter households pay 30% or more of income toward gross rent, per ACS 2020-2024. Some 23.1% pay half or more. Waukesha County's matching shares are 43.1% and 22.4%, and Wisconsin's are 41.1% and 19.7%, so Waukesha tenants carry more rent strain.
How old is Waukesha's housing stock?
Some 51.2% of Waukesha housing units were built before 1980, per ACS 2020-2024, and the median build year is 1979. The Wisconsin share is 57.0%, so Waukesha's stock runs slightly newer than the state's, though half of it is over 45 years old.
How fast must I return a Waukesha tenant's security deposit?
Wisconsin's landlord-tenant guide says the landlord must deliver or mail the deposit, less proper deductions, within 21 days after the rental agreement ends. This rule comes from ATCP 134.06 and applies to most Waukesha residential leases. Late-rent notices follow separate timelines.
Will you buy a Waukesha property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Waukesha County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Waukesha?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Waukesha?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
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