2535 S 15th St Milwaukee, WI 53215
Lincoln Village NeighborhoodEstimated payment $1,239/month
About This Home
This updated duplex in the heart of Lincoln Village offers a great opportunity for both owner-occupants and investors. Featuring two spacious units, the lower is currently rented for **$900/month**, while the upper unit is vacant and ready for your personal touch. With just a few cosmetic updates, you can maximize the property's potential and boost long-term value. Live in one unit and rent out the other to offset your mortgage, or rent both for strong cash flow. Recent improvements offer peace of mind, while the remaining light updates present an easy value-add opportunity. Don't miss your chance to own a solid, income-producing property in a desirable neighborhood.
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,779
Lot Details
- 3,920 Sq Ft Lot
- Property fronts an alley
Interior Spaces
- 1,760 Sq Ft Home
- Basement Fills Entire Space Under The House
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: tenants personal property
- The owner pays for sewer, water
- Assessor Parcel Number 4960899000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,779 | $125,000 | $7,500 | $117,500 |
| 2023 | $2,455 | $103,900 | $7,500 | $96,400 |
| 2022 | $2,401 | $103,900 | $7,500 | $96,400 |
| 2021 | $2,117 | $83,200 | $7,500 | $75,700 |
| 2020 | $2,102 | $83,200 | $7,500 | $75,700 |
| 2019 | $1,929 | $72,200 | $7,500 | $64,700 |
| 2018 | $1,801 | $72,200 | $7,500 | $64,700 |
| 2017 | $1,897 | $72,200 | $6,100 | $66,100 |
| 2016 | $2,158 | $77,800 | $6,100 | $71,700 |
| 2015 | -- | $77,800 | $6,100 | $71,700 |
| 2014 | -- | $76,000 | $6,100 | $69,900 |
| 2013 | -- | $70,200 | $6,100 | $64,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $189,900 | -- | $108 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $57,000 | 1St Service Title & Closing | |
| Special Warranty Deed | $26,600 | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | $82,200 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $51,058 | FHA |
Source: Metro MLS
MLS Number: 1939420
APN: 496-0899-000-2
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