NOT LISTED FOR SALE

1324 Marquette Ave South Milwaukee, WI 53172

M District Neighborhood

Estimated Value: $265,180 - $321,000

-- Bed
-- Bath
2,197 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $265,000 $121 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,739/month

5 Days on Market

Highlights

  • Enclosed Parking
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of January 2024

Rare South Milwaukee triplex, ideal for owner occupants or investors. Turnkey property with 2 rented units and 1 vacant unit for flexibility or increased income. NEWER ROOF. Includes a convenient 2-car garage with 2 additional off street parking spots. Both rented units operate on month-to-month leases, generating $950 and $875 each. Tenants are current on rent, offering a seamless investment opportunity. Don't miss out on this prime triplex in a sought-after location!

Last Agent to Sell the Property

Andrew Lied

Venture Real Estate Group LLC License #91080-94 Listed on: 01/12/2024

Last Buyer's Agent

Susan Dakins

Custom Fit Realty, LLC License #55324-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 1900

Lot Details

  • 7,841

Home Design

  • Duplex
  • Wood Siding
  • Aluminum Trim

Interior Spaces

  • 2,197 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • South Milwaukee Middle School
  • South Milwaukee High School

Additional Features

  • 7,841 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller and tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,577

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1324 Marquette AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2197.00

Exterior Features

  • Exclusions: Seller and tenant personal property
  • Exterior Building Type: Duplex +
  • Exterior: Aluminum Trim, Wood

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • High School: South Milwaukee
  • Junior High Dist: South Milwaukee

Lot Info

  • Zoning: RB
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3576.86

MLS Schools

  • Middle School: South Milwaukee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jan 31, 2024
Sold by
Mackximus Llc
Bought by
1222 Llc
Seller's Agent
Andrew Lied
Venture Real Estate Group LLC
Buyer's Agent
Susan Dakins
Custom Fit Realty, LLC
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%
Views
19
Current Estimated Value
$298,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,795
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Feb 15, 2023
Sold by
Spangler Robin W and Spangler Nancy A
Bought by
Mackximus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
1222 Llc $265,000 None Listed On Document
Mackximus Llc $180,000 Land Mark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mackximus Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $265,000 +2.3% $121 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $259,000 -- $118 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

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
2024 $2,005 $183,200 $75,200 $108,000
2023 $4,462 $183,200 $75,200 $108,000
2022 $5,964 $183,200 $75,200 $108,000
2021 $4,641 $134,000 $50,000 $84,000
2020 $7,143 $134,000 $50,000 $84,000
2019 $3,884 $134,000 $50,000 $84,000
2018 $5,375 $134,000 $50,000 $84,000
2017 $4,304 $134,000 $50,000 $84,000
2016 $3,323 $134,000 $50,000 $84,000
2015 $3,341 $134,000 $50,000 $84,000
2014 $3,260 $134,000 $50,000 $84,000
2013 $3,796 $134,000 $50,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andrew Lied

    Venture Real Estate Group LLC

    (262) 370-7834

    1 in this area

    126 Total Sales

    Andrew Lied
    Section Image

  • S

    Buyer's Agent in 2024

    Susan Dakins

    Custom Fit Realty, LLC

    (262) 894-0623

    2 in this area

    72 Total Sales

    Susan Dakins
    Section Image
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Map

Source: Metro MLS

MLS Number: 1861922

Metro MLS

APN: 770-0457-000

Wisconsin Milwaukee County South Milwaukee 53172 M District

1324 Marquette Ave, South Milwaukee, WI

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