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$425,000
Est. payment /mo
4 Beds
3 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1977547
Bedrooms 4
Full Baths 3
Year Built 1885
Annual Tax Amount $7,222
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Property Description
One parcel, two buildings, five units: approx. $49,400 gross income with below-market rents and upside at turnover. Over $115,000 in documented capital improvements since 2019: three units remodeled (kitchens, baths, flooring, lighting), two high-efficiency furnaces, engineered foundation repair, relined sewer lateral, rebuilt garage structure, new precast exterior stairs. The heaviest investments are behind it; what remains is cosmetic. Hold as-is as a producing asset or add value on your timeline. Four-unit apartment building plus a detached 3BR bungalow: live in the house while four units pay the bills. Established tenants, off-street parking. Financials and improvement list available.
Location
State WI
County Milwaukee
Zoning RM1
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Individual Heating Units
Inclusions (5) Refrigerators, (5) Ovens/Ranges, (1) Dishwasher
Equipment Seller Owned: Water Heater
Exterior
Exterior Feature Aluminum/Steel, Aluminum, Vinyl
Building
Dwelling Type Duplex +
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Milwaukee
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