$181,900
SOLD APR 18, 2025
-- Bed
-- Bath
3,310 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

1% Above List Price

13 Days on Market

About This Home

As of April 2025

This unique investment opportunity features three income-generating units on one lot, consisting of a front duplex and a rear single-family home. The duplex offers a two-bedroom, one-bath unit and a three-bedroom, one-bath unit, while the single-family home features two bedrooms and one bath. All tenants are on a month-to-month lease, each paying $775 per unit, providing immediate cash flow. Located in the Walker Square neighborhood on Milwaukee's South Side, this property is conveniently near local amenities, shopping, and transportation. Ideal for investors looking to expand their portfolio, this is a great opportunity to own a multi-unit income property.

Last Agent to Sell the Property

Holly Speranza

Keller Williams-MNS Wauwatosa License #56826-90 Listed on: 02/22/2025

Keller Williams-MNS Wauwatosa

Last Buyer's Agent

Miguel Perea De La Cruz

Realty of America LLC License #95631-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,975

Home Design

  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Community Details

  • Net Operating Income $27,900

Listing and Financial Details

  • Exclusions: Seller's and Tenants' personal items.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 4600883000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,975

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Inclusions: None
  • Directions: I-94 to Lapham Blvd, West on Lapham Blvd to S 15th Pl, North on S 15th Pl to W Orchard Ave, East on W Orchard Ave to Property.
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Seller's and Tenants' personal items.
  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Near Public Transit

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 4600883000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 27900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Apr 18, 2025
Sold by
Rentalvest Llc
Bought by
Martinez Jose E and Garcia Gladiola Cruz
Seller's Agent
Holly Speranza
Keller Williams-MNS Wauwatosa
Buyer's Agent
Miguel Perea De La Cruz
Realty of America LLC
List Price
$179,900
Sold Price
$181,900
Premium/Discount to List
$2,000
1.11%
Views
201
Current Estimated Value
$193,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,907
Avg. Annual Appreciation
11.15%
Original Mortgage
$143,900
Outstanding Balance
$143,261
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$50,546

Purchase Details

Closed on
Feb 13, 2025
Sold by
Hassel Patricia M
Bought by
Rentalvest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.91%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $181,900 None Listed On Document
Warranty Deed $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,900 New Conventional
Previous Owner $165,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $181,900 +1.1% $55 / Sq Ft
02/22/2025 02/22/25 For Sale $179,900 -- $54 / 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 $3,975 $177,200 $7,300 $169,900
2023 $3,169 $134,100 $7,300 $126,800
2022 $3,120 $134,100 $7,300 $126,800
2021 $2,190 $86,000 $7,400 $78,600
2020 $2,175 $86,000 $7,400 $78,600
2019 $1,824 $65,200 $7,400 $57,800
2018 $1,620 $65,200 $7,400 $57,800
2017 $1,654 $63,300 $5,100 $58,200
2016 $1,724 $62,700 $5,100 $57,600
2015 -- $59,700 $5,100 $54,600
2014 -- $78,300 $5,100 $73,200
2013 -- $82,500 $5,100 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1907608

Metro MLS

APN: 460-0883-000-2