$275,000
SOLD OCT 25, 2024

2725 W Mckinley Blvd Unit 2727 Milwaukee, WI 53208

Cold Spring Park Neighborhood
-- Bed
-- Bath
3,536 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding
  • Golda Meir School Rated A-

About This Home

As of October 2024

Great investment opportunity on historic McKinley Blvd, near American Family Field, Mitchell Park Domes, and Harley Davidson. This 4-family property offers over 3,500 sq ft of living space across two 1-bedroom and two 2-bedroom modern units, featuring updated kitchens, hardwood floors, and tiled bathrooms. All units are fully occupied, generating $3,315 in gross monthly rent. The expansive attic and reinforced basement offer additional potential. The current owner is retiring and open to all offers--don't miss out on this rare opportunity!

Last Agent to Sell the Property

Segal Goldman Realty Group*

RE/MAX Service First License #76545-94 Listed on: 09/03/2024

Last Buyer's Agent

Joanne Ketsios

Redfin Corporation License #110637-94

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 3,536 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller and Tenant owned personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,288

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: All appliances
  • Directions: GPS
  • New Construction: No
  • Year Built: 1902
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 2725 W McKinley BOULEVARD #2727
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.12
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Full
  • Second Floor Total Sq Ft: 3536.00

Exterior Features

  • Exclusions: Seller and Tenant owned personal property.
  • Exterior Building Type: Apartment Building, Duplex +
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 4288.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 24, 2024
Sold by
National Properties Llc
Bought by
Imam Syed and Khan Ayesha T
Seller's Agent
Segal Goldman Realty Group*
RE/MAX Service First
Buyer's Agent
Joanne Ketsios
Redfin Corporation
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Views
14
Current Estimated Value
$294,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,516
Avg. Annual Appreciation
2.59%
Original Mortgage
$150,000
Outstanding Balance
$147,207
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$132,837

Purchase Details

Closed on
Jan 21, 2021
Sold by
Alvarez Orlando E
Bought by
National Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2001
Sold by
Schultz Richard E
Bought by
Alvarez Orlando E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,875
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1997
Sold by
Her Lee
Bought by
Thao True
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $230,000 None Available
Warranty Deed $74,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $184,000 Commercial
Previous Owner $184,000 Commercial
Previous Owner $76,500 Commercial
Previous Owner $55,875 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $275,000 -1.8% $78 / Sq Ft
09/03/2024 09/03/24 For Sale $279,900 -- $79 / 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
2023 $4,360 $184,500 $3,000 $181,500
2022 $4,683 $184,500 $3,000 $181,500
2021 $4,054 $142,800 $3,000 $139,800
2020 $3,860 $142,800 $3,000 $139,800
2019 $3,452 $132,000 $3,000 $129,000
2018 $3,414 $132,000 $3,000 $129,000
2017 $3,432 $126,000 $3,000 $123,000
2016 $3,670 $128,200 $3,000 $125,200
2015 -- $128,200 $3,000 $125,200
2014 -- $128,200 $3,000 $125,200
2013 -- $135,000 $3,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1890251

Metro MLS

APN: 365-0101-000-0