NOT LISTED FOR SALE

2535 N 16th St Unit 2535A Milwaukee, WI 53206

North Division Neighborhood

Estimated Value: $84,000 - $98,000

4 Beds
2 Baths
1,956 Sq Ft
$47/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $38,000 $19 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $644/month

2 Days on Market

About This Home

As of November 2021

GREAT STARTER RENTAL OPPORTUNITY FOR AN AMBITOUS INVESTOR. LOWER TENANT IS VERY LONG TERM OF ABOUT 8 YEARS, HARDWOOD FLOORS. ADDITIONAL LOT TO THE SOUTH IS INCLUDED, PARKING IN REAR. PROPERTY DOES HAVE SOME DEFERRED MAINTENANCE.

Last Agent to Sell the Property

Sandy Ertel

RE/MAX Lakeside-North License #18634-90 Listed on: 10/11/2021

Last Buyer's Agent

Michael Montes

RE/MAX Lakeside-North License #91782-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1907

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL PROPERTY
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$591

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 2 BLOCKS SOUTH OF CENTER ST
  • New Construction: No
  • Year Built: 1907
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2535 N 16th STREET #2535A
  • Lot Acreage: 0.09
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 1956.00

Exterior Features

  • Exclusions: TENANTS PERSONAL PROPERTY
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Wood, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

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

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 591.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Ace Property Acquisitions Llc
Bought by
Milwaukee Rental 16Th Street Llc
Current Estimated Value
$92,321

Purchase Details

Closed on
Aug 22, 2022
Sold by
Stephen Colaco
Bought by
Colossus Properties Llc

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 4, 2021
Sold by
Rudig James M
Bought by
Colaco Stephen
Seller's Agent
Sandy Ertel
RE/MAX Lakeside-North
Buyer's Agent
Michael Montes
RE/MAX Lakeside-North
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.49%
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 Buyer Sale Price Title Company
Milwaukee Rental 16Th Street Llc $95,000 Merit Title
Ace Property Acquisitions Llc $82,000 Merit Title
Colossus Properties Llc $61,500 None Listed On Document
Colaco Stephen $38,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $38,000 0.0% $19 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $38,000 -- $19 / 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 $1,860 $46,600 $3,500 $43,100
2023 $834 $35,300 $2,800 $32,500
2022 $1,344 $34,700 $2,800 $31,900
2021 $532 $22,900 $3,200 $19,700
2020 $524 $22,900 $3,200 $19,700
2019 $435 $21,100 $3,300 $17,800
2018 $479 $21,100 $3,300 $17,800
2017 $502 $21,100 $2,500 $18,600
2016 $768 $23,200 $2,500 $20,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandy Ertel

    RE/MAX

  • M

    Buyer's Agent in 2021

    Michael Montes

    RE/MAX

See All Agents

Map

Source: Metro MLS

MLS Number: 1767399

Metro MLS

APN: 324-1116-100-4

Wisconsin Milwaukee County Milwaukee 53206 North Division

2535 N 16th St Unit 2535A, Milwaukee, WI

This home is located at 2535 N 16th St Unit 2535A, Milwaukee, WI 53206 since 11 October 2021 and is currently estimated at $92,321, approximately $47 per square foot. This property was built in 1907. 2535 N 16th St Unit 2535A is a home located in Milwaukee County with nearby schools including La Escuela Fratney, Craig Montessori School, and Milwaukee German Immersion School.

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