$675,000

Estimated payment $4,425/month

-- Bed
-- Bath
4,804 Sq Ft
$141 Price per Sq Ft

About This Home

Located in Milwaukee's sought-after Columbus Park neighborhood, this well-maintained brick building features eight 1-bedroom, 1-bath units. Each apartment offers a full eat-in kitchen, a spacious living room, gleaming hardwood floors, and plenty of natural light throughout. The property includes 8 off-street parking spaces and convenient alley access. A newer roof (installed 5 yrs ago) and forced air heating in every unit add to the property's value and appeal. Tenants enjoy the convenience of on-site coin-operated laundry in the basement. Near public transportation, freeway access, and a variety of popular dining options, this property is highly attractive to renters. With gross monthly rents totaling $6,800 all units currently leased - this is a strong and stable investment.

Listing Agent

Rodolfo Garcia

RE/MAX Service First License #86176-94

RE/MAX Service First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,895

Year Built

  • 1958

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 4,804 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Schools

  • Craig Montessori Elementary School
  • Milw Hi Sch Of The Arts High School

Community Details

  • Operating Expense $19,250
  • Net Operating Income $61,750

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property.
  • The owner pays for sewer, water
  • Assessor Parcel Number 2240348000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,895

Year Built

1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.22
  • Inclusions: 8 refrigerators; 8 ovens/ranges
  • Directions: See GPS
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller's and tenant's personal property.
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Craig Montessori
  • Junior High Dist: Milwaukee
  • High School: Milw Hi Sch of the Arts

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 2240348000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 61750
  • Annual Operating Expense: 19250

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,895 $334,100 $30,400 $303,700
2022 $7,993 $334,100 $30,400 $303,700
2021 $8,812 $334,100 $28,000 $306,100
2020 $8,770 $334,100 $28,000 $306,100
2019 $7,255 $278,000 $28,000 $250,000
2018 $7,192 $278,000 $28,000 $250,000
2017 $6,845 $251,000 $28,000 $223,000
2016 $6,753 $235,600 $28,000 $207,600
2015 $6,901 $235,600 $28,000 $207,600
2014 $6,711 $224,400 $28,000 $196,400
2013 -- $224,400 $28,000 $196,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $675,000 +8.9% $141 / Sq Ft
03/21/2025 03/21/25 Sold $620,000 -4.0% $129 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $646,000 -- $134 / Sq Ft
Source: Metro MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $620,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Previous Owner $129,630 Unknown
Source: Public Records

Source: Metro MLS

MLS Number: 1915199

Metro MLS

APN: 224-0348-000-6