$465,000
SOLD MAR 21, 2025

1685 N Franklin Place Milwaukee, WI 53202

Lower East Side Neighborhood
-- Bed
-- Bath
3,040 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

11% Below List Price

9 Days on Market

About This Home

As of March 2025

Prime Location! 3 rental units. 3/3 2family plus a 2 bedroom cottage on the same lot. Located just steps from restaurants, Brady Street, festivals and lakefront. Well maintained property..Perfect for investors, or owner occupants. Lower unit offers 3 bedroom, 1 bathroom, updated kitchen with great room area. Upper features 3 (possibly 4) bedrooms, 1 bathroom and large second level living space. Each units have separate utilities.With in-unit laundry area. Cottage is located behind the duplex, Including 2 bedroom, 1 bath, fenced in backyard with in-unit laundry. Truly an Eastside gem with a lot to offer. Schedule your showing today. Listed as two-family also: MLS 1907492

Last Agent to Sell the Property

Piera Dyer

Keller Williams Realty-Milwaukee North Shore License #45066-94 Listed on: 02/27/2025

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Segal Goldman Realty Group*

RE/MAX Service First License #76545-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,545

Year Built

  • 1915

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot

Community Details

  • Net Operating Income $38,340

Listing and Financial Details

  • Exclusions: Sellers & Tenants Personal Property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 3590603000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,545

Year Built

1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.09
  • Inclusions: 3 Refrigerators, 3 Oven/Range,3 dishwashers 1 washer & 1 dryer in cottage, 1 shared washer & dryer & 1 shared washer & dryer in the duplex
  • Directions: South of Brady Street
  • Special Features: None
  • Year Built: 1915

Interior Features

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

Exterior Features

  • Exclusions: Sellers & Tenants Personal Property
  • Construction Type: Partial-Aluminum, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 3590603000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 38340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 21, 2025
Sold by
Detoro Robert
Bought by
F Street Btc Llc
Seller's Agent
Piera Dyer
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Segal Goldman Realty Group*
RE/MAX Service First
List Price
$524,900
Sold Price
$465,000
Premium/Discount to List
-$59,900
-11.41%
Total Days on Market
9
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.90%

Purchase Details

Closed on
Aug 19, 2024
Sold by
Robert Detoro Investments Llc
Bought by
Detoro Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Peters Larry J and Peters Lawrence J
Bought by
Robert Detoro Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $244,000 New Conventional
Previous Owner $236,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $465,000 -11.4% $153 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $524,900 -- $173 / 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
2023 $8,545 $361,600 $74,300 $287,300
2022 $10,769 $361,600 $74,300 $287,300
2021 $10,652 $323,200 $58,600 $264,600
2020 $10,352 $323,200 $58,600 $264,600
2019 $9,572 $268,100 $59,100 $209,000
2018 $9,249 $268,100 $59,100 $209,000
2017 $9,144 $255,300 $41,900 $213,400
2016 $8,230 $219,800 $41,900 $177,900
2015 $7,950 $212,000 $41,900 $170,100
2014 $8,129 $212,000 $41,900 $170,100
2013 -- $212,000 $41,900 $170,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Piera Dyer

    Keller Williams Realty-Milwaukee North Shore

    (414) 315-4152

    1 in this area

    7 Total Sales

    Piera Dyer
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Map

Source: Metro MLS

MLS Number: 1908056

Metro MLS

APN: 359-0603-000-2

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

1685 N Franklin Place, Milwaukee, WI

This home is located at 1685 N Franklin Place, Milwaukee, WI 53202 and is currently priced at $465,000, approximately $152 per square foot. This property was built in 1915. 1685 N Franklin Place is a home located in Milwaukee County with nearby schools including Cass Street School, Milwaukee German Immersion School, and Craig Montessori School.

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