800 E Chambers St Milwaukee, WI 53212
Riverwest NeighborhoodEstimated payment $3,667/month
About This Home
Fantastic Investment Opportunity in the heart of Riverwest! This solid brick 6-unit building features a versatile mix of units and strong income potential. Property includes a storefront commercial unit, along with (1) 3-bdrm, (1) 2-bdrm, (1) recently updated 1-bdrm, (1) 1-bdrm + den w/ 2 private entry doors, & a cozy studio. Fenced-in yard and patio for tenant enjoyment, along with 2 off-street parking spaces for added convenience. There's also untapped potential in Unit 3, which includes a large unfinished room that could be converted into a 2nd bedrooman excellent value-add opportunity. With its prime Riverwest location, close to local coffee shops, restaurants, parks, and public transportation, this property is a fantastic addition to any investor's portfolio. *See Private Remarks*
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,172
Year Built
- 1905
Lot Details
- 4,356 Sq Ft Lot
Home Design
- 4,626 Sq Ft Home
- Brick Exterior Construction
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Listing and Financial Details
- Exclusions: Seller's personal property / tenant's personal property
- The owner pays for electric/public, electric-tenant, heat, gas
- Assessor Parcel Number 28110050000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $7,172 | $303,500 | $10,500 | $293,000 |
| 2022 | $7,199 | $303,500 | $10,500 | $293,000 |
| 2021 | $7,493 | $283,900 | $10,500 | $273,400 |
| 2020 | $7,456 | $283,900 | $10,500 | $273,400 |
| 2019 | $6,776 | $260,000 | $10,500 | $249,500 |
| 2018 | $6,726 | $260,000 | $10,500 | $249,500 |
| 2017 | $7,009 | $257,000 | $10,500 | $246,500 |
| 2016 | $6,793 | $237,000 | $10,500 | $226,500 |
| 2015 | $6,766 | $231,000 | $10,500 | $220,500 |
| 2014 | $6,909 | $231,000 | $10,500 | $220,500 |
| 2013 | -- | $231,000 | $10,500 | $220,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | For Sale | $549,900 | +20.9% | $119 / Sq Ft |
| 05/27/2022 05/27/22 | Sold | $455,000 | 0.0% | $98 / Sq Ft |
| 04/06/2022 04/06/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $455,000 | -- | $98 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | None Listed On Document | |
| Warranty Deed | $233,500 | None Available | |
| Warranty Deed | $165,000 | None Available | |
| Warranty Deed | $340,000 | -- | |
| Warranty Deed | $199,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Land Contract | $160,000 | -- | |
| Quit Claim Deed | $49,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,000 | New Conventional | |
| Previous Owner | $315,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $0 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $275,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $189,987 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $205,000 | Commercial | |
| Previous Owner | $159,200 | Commercial | |
| Previous Owner | $145,000 | Commercial | |
| Previous Owner | $153,000 | Commercial | |
| Previous Owner | $144,000 | Seller Take Back |
Source: Metro MLS
MLS Number: 1913298
APN: 281-1005-000-5
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