$389,900
$43K PRICE DROP

1232 W Keefe Ave Milwaukee, WI 53206

Arlington Heights Neighborhood

Estimated payment $2,524/month

Total Views 40,098
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime investment opportunity! This charming 1930s multifamily property features four townhouse-style units, each with 3 bedrooms, 1.5 baths, a private basements for each unit, plenty of natural light. Tenants will love the balcony access and ample outdoor parking. Ideally located near public transportation, colleges, restaurants, and with easy interstate access, this property is perfect for steady rental income. 3 Newer furnaces, roof replacement December 2021.

Listing Agent

Lisa Sullivan

Integrity Real Estate Team LLC License #58260-90 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.37 Acre Lot

Community Details

  • Operating Expense $11,226
  • Net Operating Income $34,658

Listing and Financial Details

  • Exclusions: Seller/Tenant personal property
  • The owner pays for sewer, water
  • Assessor Parcel Number 2830136100

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.37
  • Inclusions: 2 refrigerators, 1 washer, 1 dryer, 1 stove.
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Seller/Tenant personal property
  • Construction Type: Brick

Garage/Parking

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

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 2830136100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Property Net Operating Income: 34658
  • Annual Operating Expense: 11226

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $389,900 -2.5% --
07/09/2025 07/09/25 Price Changed $399,900 -5.9% --
07/03/2025 07/03/25 Price Changed $425,000 -1.8% --
06/19/2025 06/19/25 For Sale $432,900 -- --
Source: Metro MLS

Source: Metro MLS

MLS Number: 1922950

Metro MLS

APN: 283-0136-100

Wisconsin Milwaukee County Milwaukee 53206 Arlington Heights

1232 W Keefe Ave, Milwaukee, WI

This home is located at 1232 W Keefe Ave, Milwaukee, WI 53206 and is currently priced at $389,900. 1232 W Keefe Ave is a home with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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Lisa Sullivan
Listing Agent
Lisa Sullivan
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Integrity Real Estate Team LLC
(414) 376-5647