NOT LISTED FOR SALE

1202 1st Ave Grafton, WI 53024

Grafton Area

Estimated Value: $647,504

Studio
-- Bath
-- Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: July 25, 2025

Last sale price $480,000

Est. 35% increase in value since last sale

Current estimated payment $3,984 / mo

25 Days on Market

About This Home

As of July 2025

Great investment opportunity in Grafton. Brick 5 family near shopping and located on a highly visible corner. All units are occupied. Four - 1 bed/ 1 bath units and one 6 bed/ 3.5 bath unit. Large storage units for 1 bedroom units. Off street parking lot. New fire alarm system in 2020. New mansard roof in 2021. Coin operated laundry in basement.

Last Agent to Sell the Property

Adam Williquette

American Commercial Real Estate, LLC License #57017-90 Listed on: 06/12/2025

Last Buyer's Agent

Jacob Lishanski

Rubins Realty, LLC License #55501-90

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 13,939 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Clad Trim

Basement

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

Schools

  • John Long Middle School
  • Grafton High School

Community Details

  • Operating Expense $25,400
  • Net Operating Income $41,000

Listing and Financial Details

  • Exclusions: Tenants/sellers personal property.
  • Tenant pays for electricity
  • The owner pays for sewer, water, electric/public, heat
  • Assessor Parcel Number 101140081000

Property Details

Home Type

Multi-Family

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.32
  • Inclusions: Wall air conditioners, stoves, refrigerators, dishwashers, and coin operated washers and dryers.
  • Directions: Highway 60 to 1st Avenue, south on 1st Avenue to property.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public, Heat
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenants/sellers personal property.
  • Construction Type: Low Maintenance Trim, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Grafton
  • High School: Grafton
  • Middle Or Junior School: John Long

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 101140081000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Property Net Operating Income: 41000
  • Annual Operating Expense: 25400

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Bought by
Current Estimated Value
$647,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,982
Outstanding Balance
$256,121
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$391,383

Purchase Details

Closed on
Dec 30, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Grafton, WI

  • Lora Brewster Real Estate Agent - Keller Williams Ozaukee

    Lora Brewster

    Keller Williams Ozaukee

    (414) 250-0585

    25 Total Sales

    3 in Grafton

    $334K - $700K Price Range

    Lora Brewster
     Section Image
  • The Combs Team * Real Estate Agent - RE/MAX Lakeside-Central

    The Combs Team *

    RE/MAX Lakeside-Central

    (262) 333-0309

    139 Total Sales

    1 in Grafton

    $390,000 Price

    The Combs Team *
     Section Image
  • Nada Stojadinovic Real Estate Agent - Keller Williams Realty-Lake Country

    Nada Stojadinovic

    Keller Williams Realty-Lake Country

    (866) 792-1686

    69 Total Sales

    1 in Grafton

    $505,000 Price

    Nada Stojadinovic
     Section Image
  • Tony Wendorf & Associates Team* Real Estate Agent - Keller Williams Realty-Lake Country

    Tony Wendorf & Associates Team*

    Keller Williams Realty-Lake Country

    (262) 912-1849

    618 Total Sales

    1 in Grafton

    $430,000 Price

    Tony Wendorf & Associates Team*
     Section Image
  • Enlighten Realty Group* Real Estate Agent - Keller Williams-MNS Wauwatosa

    Enlighten Realty Group*

    Keller Williams-MNS Wauwatosa

    (262) 888-5088

    119 Total Sales

    1 in Grafton

    $235,000 Price

    Enlighten Realty Group*
     Section Image
  • Adam Weir Real Estate Agent - Shorewest Realtors, Inc.

    Adam Weir

    Shorewest Realtors, Inc.

    (262) 381-2641

    134 Total Sales

    2 in Grafton

    $420K - $480K Price Range

    Adam Weir
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$374,200 Knight Barry Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $299,982
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $480,000 -15.0% --
06/12/2025 06/12/25 For Sale $565,000 -- --
Source: Metro MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,185 $425,000 $100,000 $325,000
2024 $6,365 $375,000 $82,000 $293,000
2023 $5,940 $375,000 $82,000 $293,000
2022 $5,897 $375,000 $82,000 $293,000
2021 $6,152 $375,000 $82,000 $293,000
2020 $6,201 $375,000 $82,000 $293,000
2019 $7,092 $335,200 $79,000 $256,200
2018 $6,981 $335,200 $79,000 $256,200
2017 $7,047 $335,200 $79,000 $256,200
2016 $6,598 $335,200 $79,000 $256,200
2015 $6,748 $335,200 $79,000 $256,200
2014 -- $335,200 $79,000 $256,200
2013 $6,630 $336,800 $79,000 $257,800
Source: Public Records

Agents Affiliated with this Home

  • Adam Williquette Real Estate Agent - American Commercial Real Estate, LLC

    Seller's Agent in 2025

    Adam Williquette

    American Commercial Real Estate, LLC

    (262) 424-3217

    3 Total Sales

    Adam Williquette
    Section Image

  • J

    Buyer's Agent in 2025

    Jacob Lishanski

    Rubins Realty, LLC

    (262) 240-2200

    33 Total Sales

    Jacob Lishanski
    Section Image
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Map

Source: Metro MLS

MLS Number: 1922042

Metro MLS

APN: 101140081000

Wisconsin Ozaukee County Grafton 53024

1202 1st Ave, Grafton, WI

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