2571 N 8th St Unit 2573 Milwaukee, WI 53206
North Division NeighborhoodEstimated payment $1,704/month
About This Home
The perfect opportunity awaits you to purchase two homes on one lot. Live in rear cottage and generate rental income from the duplex! This property is fully cash flowing! You will appreciate the quality renovations done to the entire property including all new flooring, an updated kitchen, fresh paint, new bright lights, and newly designed closet areas in the sfh. The duplex upper floor has a newly renovated kitchen, new bright lights, a newly designed bedroom and beautifully restored hardwood floors. Both properties feature fresh exterior paint, original woodwork and lovely built in cabinets. The yard space is primed for your landscaping ideas. Located in the North Division neighborhood, with easy access to the freeway and to public transportation. Also listed as TwoFamily MLS #1909974
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,954
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,961 Sq Ft Home
- Stone Flooring
- Basement Fills Entire Space Under The House
Schools
- North Division Hi 0419 High School
Community Details
- Operating Expense $5,000
- Net Operating Income $31,000
Listing and Financial Details
- Exclusions: Tenants personal property
- The owner pays for sewer, water
- Assessor Parcel Number 3231473000
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 |
|---|---|---|---|---|
| 2023 | $1,954 | $82,700 | $2,500 | $80,200 |
| 2022 | $7,412 | $82,700 | $2,500 | $80,200 |
| 2021 | $1,331 | $40,000 | $2,900 | $37,100 |
| 2020 | $1,149 | $40,000 | $2,900 | $37,100 |
| 2019 | $886 | $21,200 | $3,000 | $18,200 |
| 2018 | $481 | $21,200 | $3,000 | $18,200 |
| 2017 | $725 | $21,200 | $2,200 | $19,000 |
| 2016 | $593 | $23,300 | $2,200 | $21,100 |
| 2015 | -- | $25,000 | $2,200 | $22,800 |
| 2014 | -- | $27,000 | $2,200 | $24,800 |
| 2013 | -- | $27,000 | $2,200 | $24,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Off Market | $279,000 | -- | -- |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $279,000 | -- | $70 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $146,000 | None Available | |
| Warranty Deed | $39,000 | Land Title Services Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,800 | New Conventional | |
| Previous Owner | $29,250 | Purchase Money Mortgage |
Source: Metro MLS
MLS Number: 1909920
APN: 323-1473-000-2
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