$230,000
SOLD FEB 7, 2025

2445 S 9th Place Unit 2447 Milwaukee, WI 53215

Lincoln Village Neighborhood
-- Bed
-- Bath
2,844 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Forced Air Heating System

About This Home

As of February 2025

Income producing and fully occupied remodeled 3 bedroom/3 bedroom duplex is ready for purchase with an additional 2 bedroom cottage in the rear. Tenants in lower are paying $1150/mo, tenants in the upper are paying $1100/mo and the cottage tenant is paying $875/mo ($3,125/mo). Don't miss the chance to add this cash producing rental property to your portfolio, call today!

Last Agent to Sell the Property

Donald Krenzien

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #98168-94 Listed on: 01/20/2025

Shorewest Realtors, Inc.

Last Buyer's Agent

Mike Pias

MKE Estates LLC License #55390-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,139

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 Refrigerators, 3 Ovens/Ranges
  • Directions: I-43 to W Lincoln Ave to S 9th Pl to the residence at 2445 South 9th Place 2447, Milwaukee, WI 53215
  • New Construction: No
  • Year Built: 1914
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2445 S 9th PLACE #2447
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2844.00

Exterior Features

  • Exterior Building Type: Duplex +
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4139.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Feb 3, 2025
Sold by
Gronwall Nicholas J
Bought by
2445 S 9Th Place Llc
Seller's Agent
Donald Krenzien
Shorewest Realtors, Inc.
Buyer's Agent
Mike Pias
MKE Estates LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Total Days on Market
1
Views
13
Current Estimated Value
$238,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,009
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Feb 15, 2023
Sold by
Jw Investment Group Llc
Bought by
Gronwall Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2016
Sold by
Andres Ronald J and Andres Patricia L
Bought by
Jw Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2005
Sold by
Anders Ronald J and Anders Patricia L
Bought by
Ronald J & Patricia L Anders Family Tr

Purchase Details

Closed on
Dec 17, 2004
Sold by
Anders Ronald J and Anders Patricia L
Bought by
Anders Ronald J and Anders Patricia L
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 $230,000 None Listed On Document
Warranty Deed $174,000 --
Trustee Deed $75,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,500 New Conventional
Previous Owner $106,447 Commercial
Previous Owner $60,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $230,000 -2.1% $81 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $235,000 -- $83 / 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 $4,211 $178,200 $7,500 $170,700
2022 $4,170 $178,200 $7,500 $170,700
2021 $2,608 $101,900 $7,500 $94,400
2020 $2,592 $101,900 $7,500 $94,400
2019 $2,098 $87,800 $7,500 $80,300
2018 $2,205 $87,800 $7,500 $80,300
2017 $2,323 $87,800 $6,100 $81,700
2016 $2,514 $90,200 $6,100 $84,100
2015 -- $90,200 $6,100 $84,100
2014 -- $88,100 $6,100 $82,000
2013 -- $88,100 $6,100 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1904488

Metro MLS

APN: 497-0007-000-9