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Bulk Buyer Guidelines for Purchasing City Houses 

The city will sell to bulk buyers at a reduced price of $5,000 if the property listed for sale is $25,000 or less.

  • Must purchase a minimum of five properties
     
  • Must have housing rehab experience  
     
  • After rehabilitation is complete the property must be sold to an owner-occupant or held as an investment rental property for two years if you are not receiving City financing and five years if you are recieving City financing 
     
  • You may not sell to another investor
     
  • Landlord training is required if you are purchasing for rental purposes

 

The following are the steps you need to take to secure such a purchase:

  1. Choose five vacant properties on the Extended Listing with a sales price equal to or less than $25,000 each
      
  2. Examine the scope of work for the repairs (provided by the City)
      
  3. Provide evidence of financing for the rehabilitation of the property
      
  4. Must be registered with Wisconsin Department of Financial Institutions if you are a Limited Liability Company (LLC)
     
  5. Complete offer using city form: City of Milwaukee - Offer to Purchase

 

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Contact Us

Real Estate
809 North Broadway
Milwaukee, WI 53202 

(414) 286-5730



Karen Taylor (414) 286-5838
ktaylor@milwaukee.gov


 Strong Neighborhoods Plan

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