Seller's Agent in 2025
Michael Borowski
Homestead Realty, Inc
(414) 514-4699
3 in this area
871 Total Sales
2571 N 8th St Unit 2573 Milwaukee, WI 53206
North Division Neighborhood
--
Bed
--
Bath
3,961
Sq Ft
4,792
Sq Ft Lot
About This Home
As of July 2025The 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
Last Agent to Sell the Property
Homestead Realty, Inc License #58673-90 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,058
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
- Tenant pays for electricity, heat
- The owner pays for sewer, water
- Assessor Parcel Number 3231473000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2021
Sold by
Simpson Michele M
Bought by
Morris Lloyd R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Outstanding Balance
$106,436
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,861
Purchase Details
Closed on
Apr 12, 2008
Sold by
Simpson Mary C
Bought by
Simpson Michele M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $146,000 | None Available | |
| Warranty Deed | $39,000 | Land Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,800 | New Conventional | |
| Previous Owner | $29,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $285,000 | 0.0% | $72 / Sq Ft |
| 04/30/2025 04/30/25 | Off Market | $285,000 | -- | -- |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $279,000 | -- | $70 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $8,058 | $98,600 | $3,200 | $95,400 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Frederick Kyles
808 Realty LLC
(414) 461-4040
1 in this area
30 Total Sales
Map
Source: Metro MLS
MLS Number: 1909920
APN: 323-1473-000-2
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