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Milwaukee 4274-21 Guide: Capacity, Fit and Buying Checks

By John Morris · Updated 2026-09-07 · Research methodology

Milwaukee 4274-21 is a corded drill with a permanent magnet for buyers who want motor power from an outlet without an electrically dependent base. This is a specification-based buying guide, not a hands-on test. Use the exact model number and the required hole dimensions to decide whether it belongs on your shortlist.

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What the documented specification tells you

Magnetic lubrication tank in listed kit. A model-specific minimum mounting thickness has not been confirmed here; check the exact operator manual before choosing a workpiece.

  • Power: 120V corded; confirm unit nameplate
  • Annular diameter: 1.625 inches maximum
  • Cutting depth: Not confirmed for this guide
  • Speed: 475/730
  • Cutter interface: 3/4-inch Weldon quick-change
  • Base: permanent

When it belongs on your shortlist

Treat the permanent magnet as a setup characteristic, not an all-purpose recommendation. It changes what happens to magnetic attachment when motor power is interrupted, but the work still needs suitable steel and the prescribed restraint. Compare this model with both the electromagnetic 4272-21 and a cordless permanent-magnet drill if cable access is also a concern.

If the job requires frequent positioning on steel structures, compare the manufacturer's partial-magnet positioning feature with how you normally align holes. The benefit is a workflow question, not a claim of faster cutting. Obtain a demonstration or inspect the controls where possible, especially if the operator must reach them in a constrained position.

Compare a documented alternative

Check model, regional version, included accessories and current seller details before ordering.

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The limitation to check first

The marketing statement about holding on 1/4-inch steel is conditional, not a guarantee on every painted, curved or thin workpiece. Obtain the exact US manual before approving a setup at the minimum thickness. Also keep its 1-5/8-inch annular capacity separate from chuck capacity for ordinary drill bits.

Questions, answered

Will the 4274-21 magnet remain engaged without electrical power?

Milwaukee says its permanent base operates independently of electrical power. That does not remove the need for correct engagement, suitable steel and the required restraint.

Sources & further reading

Specification-based guidance; no hands-on performance testing is claimed.

Documented alternatives to compare

We have not matched this guide’s exact model to an Amazon offer. The products below are different models, not links to the model discussed above.

As an Amazon Associate I earn from qualifying purchases. Links marked “Check Amazon” are affiliate links.

DEWALT DWE1622KModel guide available

DEWALT DWE1622K

a corded two-speed option for buyers who need a 2-inch annular capacity without maintaining a battery fleet

Annular diameter
2″ maximum
Cutting depth
2″ maximum

A 2-inch annular cutter rating does not mean this drill accepts a 2-inch twist drill. It also does not turn the two fixed spindle speeds into variable speed. Do not copy specifications from DWE1622K-QS or other regional versions into a US purchase.

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Evolution EVOMAG42Model guide available

Evolution EVOMAG42

a larger-capacity alternative to the S28MAG when a single-speed corded machine suits the work

Annular diameter
1.625″ maximum
Cutting depth
2″ maximum

The US product page lists one speed, not two. Do not import a speed range from a different Evolution machine. Its chuck accessory information also distinguishes the chuck from the HTA47 adapter; confirm what the exact package contains before buying a twist-drill accessory.

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