$156,000
SOLD FEB 28, 2025
-- Bed
-- Bath
3,192 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

1% Above List Price

2 Days on Market

About This Home

As of February 2025

Discover the potential of this triplex nestled in the heart of Milwaukee's sought-after South Side. The lower unit boasts a spacious 3-bedroom, 1-bath layout and comes complete with a brand-new furnaceproviding efficient heating and peace of mind for years to come. Upstairs, you'll find two 1-bedroom, 1-bath units offering cozy living spacesperfect for attracting reliable tenants or accommodating extended family. Currently, the lower unit is occupied, ensuring immediate rental income, while two units are vacant and ready for your finishing touches or new tenants. Property being sold ''As-is Where-is''

Last Agent to Sell the Property

Bret Duer

The Real Estate Edge, LLC License #92596-94 Listed on: 02/07/2025

Last Buyer's Agent

Todd Wage

Lannon Stone Realty LLC License #48875-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,369

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,192 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $4,634
  • Net Operating Income $17,566

Listing and Financial Details

  • Exclusions: Seller and tenants' personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 4692813000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,369

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.07
  • Inclusions: Stove and refrigerator vacant upper unit B
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Seller and tenants' personal property
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 4692813000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 17566
  • Annual Operating Expense: 4634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Feb 24, 2025
Sold by
Ab Normal I Llc and Ab Normal 1 Llc
Bought by
Aveer Llc
Seller's Agent
Bret Duer
The Real Estate Edge, LLC
Buyer's Agent
Todd Wage
Lannon Stone Realty LLC
List Price
$155,000
Sold Price
$156,000
Premium/Discount to List
$1,000
0.65%
Views
42
Current Estimated Value
$160,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,004
Avg. Annual Appreciation
2.22%
Original Mortgage
$110,000
Outstanding Balance
$109,540
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$48,185

Purchase Details

Closed on
Nov 6, 2015
Sold by
Gruis2177 Llc
Bought by
Ab Normal 1 Llc

Purchase Details

Closed on
Jul 31, 2009
Sold by
Us Bank National Association
Bought by
Genesis Fulfillment Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
9%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 3, 2008
Sold by
Gaditskiy Adrian
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 20, 2006
Sold by
Veller Sergei and Veller Svetlana
Bought by
Gaditskiy Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2005
Sold by
Lukic Helen
Bought by
Veller Sergei and Veller Sveilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.12%
Mortgage Type
Commercial
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 $156,000 Frontier Title
Warranty Deed $125,000 None Available
Special Warranty Deed $18,700 None Available
Sheriffs Deed -- None Available
Warranty Deed $180,000 Clear Title East Llc
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Previous Owner $225,000 Commercial
Previous Owner $88,400 Balloon
Previous Owner $126,000 Commercial
Previous Owner $108,750 Commercial
Previous Owner $0 Stand Alone Second
Closed $29,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $156,000 +0.6% $49 / Sq Ft
02/19/2025 02/19/25 Off Market $155,000 -- --
02/09/2025 02/09/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $155,000 -- $49 / 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 $2,369 $104,400 $12,300 $92,100
2023 $1,867 $79,000 $7,600 $71,400
2022 $1,830 $79,000 $7,600 $71,400
2021 $2,277 $83,600 $7,800 $75,800
2020 $2,215 $83,600 $7,800 $75,800
2019 $1,541 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1906326

Metro MLS

APN: 469-2813-100