NOT LISTED FOR SALE

1545 E Irving Place Unit 1545A Milwaukee, WI 53202

Lower East Side Neighborhood

Estimated Value: $431,097 - $543,000

6 Beds
2 Baths
3,080 Sq Ft
$155/Sq Ft Est. Value

About This Home

RARE Lower Eastside jumbo duplex, close to Brady St! Fully leased with current cash-flow, PLUS upside rent or HUGE Airbnb potential. 4/4 duplex w/high ceilings is a hard to find asset for your new or growing rental portfolio. Total monthly income $3750 on 1 year leases. New leases being marketed for next season...projected gross monthly income of $4400-4600 when finalized. Owner will deliver property, rented or vacant if you are an owner-occupant buyer. Turnkey for new ownership, no improvements or remodeling required. Coin laundry machines for extra income. This property has been configured specifically by an expert to lead the market, save on maintenance, and outperform competing properties for many years to come! Do your homework, check alternatives and then invest here confidently!

Last Agent to Sell the Property

Ben Halverson

Livewell REM, LLC License #56031-90 Listed on: 04/23/2023

Last Buyer's Agent

Tamaran Cook

Shorewest Realtors, Inc. License #59581-90

Shorewest Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1895

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Aluminum Trim

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,327

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: (2) Fridges, (2) Ranges, (1) Washer (1) Dryer
  • Directions: E Brady to N Oakland. Around the block to E Irving (one-way street in front of property)
  • New Construction: No
  • Year Built: 1895
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1545 E Irving PLACE #1545A
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 3080.00

Exterior Features

  • Exclusions: Tenant personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim, Partial-Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 6327.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Ewens Susan
Bought by
Susan C Ewens Living Trust and Ewens
Current Estimated Value
$478,024

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 30, 2023
Sold by
Big Sister Capital Llc and Lmh Ii Llc
Bought by
Ewens Susan
Seller's Agent
Ben Halverson
Livewell REM, LLC
Buyer's Agent
Tamaran Cook
Shorewest Realtors, Inc.
List Price
$489,900
Sold Price
$481,501
Premium/Discount to List
-$8,399
-1.71%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%

Purchase Details

Closed on
Nov 16, 2022
Sold by
Ws18 Llc
Bought by
Big Sister Capital Llc and Lmh Ii Llc

Purchase Details

Closed on
Dec 31, 2014
Sold by
Waterstone Bank Ssb
Bought by
Ws18 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,005,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2014
Sold by
J & G Rodman Investments Llc
Bought by
Waterstone Bank Ssb
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
Susan C Ewens Living Trust -- None Listed On Document
Ewens Susan $481,333 None Listed On Document
Big Sister Capital Llc $258,000 --
Ws18 Llc $4,500,000 None Available
Waterstone Bank Ssb -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ws18 Llc $4,005,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2023 07/02/23 Off Market $489,900 -- --
06/16/2023 06/16/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $489,900 0.0% $159 / Sq Ft
04/28/2023 04/28/23 For Sale $489,900 -- $159 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
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 $8,402 $370,300 $61,400 $308,900
2023 $6,352 $268,800 $61,400 $207,400
2022 $6,327 $268,800 $61,400 $207,400
2021 $6,709 $258,000 $68,100 $189,900
2020 $6,676 $258,000 $68,100 $189,900
2019 $7,244 $252,800 $67,800 $185,000
2018 $6,474 $252,800 $67,800 $185,000
2017 $6,200 $229,800 $25,700 $204,100
2016 $6,159 $217,200 $25,700 $191,500
2015 $6,295 $217,200 $25,700 $191,500
2014 $6,283 $212,300 $25,700 $186,600
2013 -- $212,300 $25,700 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1831645

Metro MLS

APN: 355-0283-000-5