$284,900

1638 S 8th St Unit 1640 Milwaukee, WI 53204

Historic Mitchell Street Neighborhood

Estimated payment $1,798/month

Total Views 1,219
-- Bed
-- Bath
2,941 Sq Ft
$97 Price per Sq Ft

About This Home

MUST SEE! Excellent 3-unit investment opportunity to add to your portfolio. This property includes a spacious duplex at the front of the lot and a single-family home at the back (zoned RT4). The duplex features a 2BR/1BA lower unit renting for $1,150/mo and a large 4BR/1BA upper unit renting for $1,000/mo. The single-family home is a 3BR/1BA with a full basement, renting for $800/mo. Property highlights include separate electric and gas meters (tenant paid), newer concrete sidewalks and retaining wall, new siding and soffit, updated furnace and boiler, new kitchen flooring on the first floor, a remodeled bathroom, and recently refinished hardwood floors. Strong rents and immediate returns make this a fantastic investment opportunity! Also listed as a multifamily, MLS 1944327!

Listing Agent

Medina Real Estate Team*

Keller Williams Realty-Milwaukee Southwest Brokerage Phone: 262-599-8980 License #78624-94 Listed on: 12/02/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,648

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 2,941 Sq Ft Home
  • Vinyl Siding

Basement

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's and seller's personal property.
  • The owner pays for sewer, water
  • Assessor Parcel Number 4611478000

Property Details

Property Type

Other

Est. Annual Taxes

$3,648

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.1
  • Inclusions: 1st floor unit refrigerator and stove/oven.
  • Directions: From W Lapham Blvd, South on S 8th St to home. 16S 8W
  • Attribution Contact: 262-599-8980
  • Property Information:Est Total Sq Ft: 2941
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, Block

Exterior Features

  • Exclusions: Tenant's and seller's personal property.
  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 4611478000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3648
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,648 $162,900 $7,500 $155,400
2023 $2,798 $118,400 $7,500 $110,900
2022 $2,746 $118,400 $7,500 $110,900
2021 $1,990 $78,400 $7,600 $70,800
2020 $1,977 $78,400 $7,600 $70,800
2019 $1,639 $60,100 $7,800 $52,300
2018 $1,488 $60,100 $7,800 $52,300
2017 $1,729 $58,400 $5,500 $52,900
2016 $1,581 $57,700 $5,500 $52,200
2015 -- $55,000 $5,500 $49,500
2014 -- $72,200 $5,500 $66,700
2013 -- $76,000 $5,500 $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $284,900 -- $97 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 None Listed On Document
Warranty Deed $59,900 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 New Conventional
Previous Owner $58,415 FHA
Source: Public Records

Source: Metro MLS

MLS Number: 1944307

Metro MLS

APN: 461-1478-000-6

Wisconsin Milwaukee County Milwaukee 53204 Historic Mitchell Street

1638 S 8th St Unit 1640, Milwaukee, WI

For Sale

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Listing Agent
Medina Real Estate Team*
Keller Williams Realty-Milwaukee Southwest