NOT LISTED FOR SALE

2500 E Edgewood Ave Unit 2502 Shorewood, WI 53211

-- Bed
-- Bath
2,381 Sq Ft
5,227 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $350,000 $147 Per Sq Ft

132 Days on Market

Highlights

  • 3 Car Detached Garage
  • Atwater Elementary School Rated A
  • Wood Siding

About This Home

As of November 2021

This is a three family and being marketed as a two family and Multi Family. This Investment property has had a great rental history and this is the 1st time this home is available in over 50 years. The first floor has been used as a 3 bedroom but offers flexibility in the floor plan. The 2nd floor is 3 bedrooms and the 3rd is a 1 bedroom. Yearly Gross income-$45,420-projected, Estimated expenses per seller $7802 for 2020 tax, $888 for heat (2nd & 3rd per WeEnergies), 2020 water sewer $1,251. Total estimated expenses per owner $9,941. Net projected yearly income before debt service- $32,239. Do the math based on your financing plan and you'll discover this investment offers a great return. Call for your appointment today!

Last Listed By

Desty Lorino

Keller Williams Realty-Milwaukee North Shore License #39986-90 Listed on: 06/18/2021

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,381 Sq Ft Home
  • 2-Story Property

Basement

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

Schools

  • Atwater Elementary School
  • Shorewood Middle School
  • Shorewood High School

Community Details

  • 2 Units
  • Menlo Park Subdivision

Listing and Financial Details

  • Exclusions: Seller/tenant personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,702

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 Stoves; 3 refrigerators; 1 washer; 1 dryer
  • Directions: Lake Drive to Edgewood Ave; West on Edgewood Ave to property. Home on right side of street.
  • New Construction: No
  • Year Built: 1900
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2500 E Edgewood Ave #2502
  • Lot Acreage: 0.12
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2381.00

Exterior Features

  • Exclusions: Seller/tenant personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: Shorewood
  • Elementary School: Atwater
  • Middle School: Shorewood
  • High School: Shorewood
  • Elementary School: Atwater
  • High School: Shorewood
  • Junior High Dist: Shorewood

Lot Info

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

Tax Info

  • Tax Year: 2020
  • Total Taxes: 7702.44

MLS Schools

  • Middle School: Shorewood

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $350,000 0.0% $147 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $350,000 -- $147 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Desty Lorino

    Keller Williams Realty-Milwaukee North Shore

    (414) 962-8888

    50 in this area

    226 Total Sales

    Desty Lorino
    Section Image

  • S

    Buyer's Agent in 2021

    Schnabl Real Estate Group*

    Realty Executives Integrity~Brookfield

See All Agents

Map

Source: Metro MLS

MLS Number: 1747565

Metro MLS

Wisconsin Milwaukee County Shorewood 53211

2500 E Edgewood Ave Unit 2502, Shorewood, WI

Homes for Sale in Shorewood, WI

This home is located at 2500 E Edgewood Ave Unit 2502, Shorewood, WI 53211 since 18 June 2021. This property was built in 1900. 2500 E Edgewood Ave Unit 2502 is a home located in Milwaukee County with nearby schools including Atwater Elementary School, Shorewood Intermediate School, and Shorewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes