2722 N Richards St Unit 2724 Milwaukee, WI 53212
Harambee NeighborhoodEstimated payment $1,453/month
About This Home
High income producing property in fast appreciating location! Seller has owned for 20 years. Many updates throughout that time, including roofs, furnaces, water heaters, and some flooring. Duplex and single family house on double lot. Long-term tenant occupied. Tenants on MTM leases would like to stay.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,481
Year Built
- 1896
Lot Details
- 10,019 Sq Ft Lot
Home Design
- 3,285 Sq Ft Home
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Community Details
- Operating Expense $3,000
- Net Operating Income $22,800
Listing and Financial Details
- Exclusions: Tenants personal property
- The owner pays for sewer, water
- Assessor Parcel Number 3211826100
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 | $3,481 | $147,300 | $11,900 | $135,400 |
| 2022 | $3,534 | $147,300 | $11,900 | $135,400 |
| 2021 | $2,678 | $99,400 | $11,900 | $87,500 |
| 2020 | $3,570 | $134,300 | $11,900 | $122,400 |
| 2019 | $1,035 | $38,900 | $4,100 | $34,800 |
| 2018 | $1,089 | $38,900 | $4,100 | $34,800 |
| 2017 | $1,088 | $38,900 | $3,800 | $35,100 |
| 2016 | $1,238 | $38,500 | $3,800 | $34,700 |
| 2015 | -- | $37,700 | $3,800 | $33,900 |
| 2014 | -- | $40,200 | $3,800 | $36,400 |
| 2013 | -- | $42,300 | $3,800 | $38,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $219,000 | -- | $67 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $78,500 | First American Title | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $149,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $28,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,175 | New Conventional | |
| Previous Owner | $125,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Credit Line Revolving | |
| Previous Owner | $119,200 | Purchase Money Mortgage | |
| Previous Owner | $22,400 | Purchase Money Mortgage | |
| Closed | $14,900 | No Value Available |
Source: Metro MLS
MLS Number: 1920179
APN: 321-1826-100-2
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