$415,000
SOLD MAY 30, 2025

2833 N Downer Ave Milwaukee, WI 53211

Upper East Side Neighborhood
-- Bed
-- Bath
2,803 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

3% Below List Price

10 Days on Market

About This Home

As of May 2025

ATTN: INVESTORS, PARENTS W/STUDENTS AT UWM, OR OWNER OCCUPANTS, SUPER SIZED DUPLEX ON UPPER EAST SIDE WITH GREAT RENTS. LOWER FEAT. 3 BDRMS/1 BATH AND UPPER W/4 BDRMS/2 BATHS. LOTS OF BEAUTIFUL HARDWOOD FLOORS THROUGHOUT. RECENT UPDATES INCLUDE ROOF(2008), WINDOWS(2008), FURNACE(2021), AND TWO H2O HEATERS(2019). 3 PARKING SPOTS OFF ALLEY IIN THE REAR. UPPER UNIT FEATURES IN-UNIT LAUNDRY AND LOWER HAS LAUNDRY IN BASEMENT. 3 STORAGE CAGES IN BASEMENT, ONE FOR EACH UNIT AND ONE FOR THE OWNER. EXCELLENT LONG TERM INVESTMENT FOR THE SAVY INVESTOR

Last Agent to Sell the Property

Michael Sterr

Coldwell Banker Realty License #33831-94 Listed on: 04/04/2025

Coldwell Banker Realty

Last Buyer's Agent

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,944

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts an alley

Interior Spaces

  • 2,803 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: TENANTS ARE SELLER'S PERSONAL PROPERTY
  • Tenant pays for electricity
  • The owner pays for heat, water
  • Assessor Parcel Number 3161416000

Property Details

Property Type

Other

Est. Annual Taxes

$6,944

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.11
  • Inclusions: UPPER UNIT-WASHER,DRYER,RANGE,REFRIGERATOR LOWER UNIT-RANGE,REFRIGERATOR,PORTABLE DISHWASHER
  • Directions: LOCUST TO DOWNER. SOUTH TO PROPERTY
  • Property Information:Est Total Sq Ft: 2803
  • Special Features: None

Interior Features

  • Owner Pays: Heat, Water
  • Has Basement: Full

Exterior Features

  • Exclusions: TENANTS ARE SELLER'S PERSONAL PROPERTY
  • Construction Type: Aluminum

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Space, Alley Entrance
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 3161416000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6944.21
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 29, 2025
Sold by
Lemke Robert A and Lemke Michelle M
Bought by
Nexgen Ventures Llc
Seller's Agent
Michael Sterr
Coldwell Banker Realty
Buyer's Agent
Andrew Meurer
Milwaukee Executive Realty, LLC
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Views
37
Current Estimated Value
$425,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,786
Avg. Annual Appreciation
3.85%
Original Mortgage
$311,250
Outstanding Balance
$310,454
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$115,332

Purchase Details

Closed on
May 2, 2012
Sold by
Lemke Investmetns Llc
Bought by
Lemke Robert A and Lemke Michelle M

Purchase Details

Closed on
Apr 28, 2009
Sold by
Maldonado Rosado Carmen and Maldonado Johnny Rodriguez
Bought by
Lemke Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Maldonado Rosado Carmen and Maldonado Johnny Rodriguez
Bought by
Madonado Rosado Carmen and Maldonado Johnny Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,950
Interest Rate
8.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 29, 1998
Sold by
Kania Russell R
Bought by
Weise John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $415,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $254,000 Advantage America Title
Interfamily Deed Transfer -- None Available
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $222,950 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $415,000 -3.5% $148 / Sq Ft
04/04/2025 04/04/25 For Sale $429,900 -- $153 / Sq Ft
Source: Metro MLS

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 $6,944 $306,700 $72,400 $234,300
2023 $6,132 $259,500 $72,400 $187,100
2022 $6,106 $259,500 $72,400 $187,100
2021 $6,357 $244,600 $76,100 $168,500
2020 $6,326 $244,600 $76,100 $168,500
2019 $6,827 $257,200 $76,100 $181,100
2018 $6,588 $257,200 $76,100 $181,100
2017 $6,309 $233,800 $60,400 $173,400
2016 $6,581 $231,900 $60,400 $171,500
2015 $6,727 $231,900 $60,400 $171,500
2014 $6,870 $231,900 $60,400 $171,500
2013 -- $231,900 $60,400 $171,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Sterr

    Seller's Agent in 2025

    Michael Sterr

    Coldwell Banker Realty

    (262) 689-8930

    2 in this area

    133 Total Sales

    Michael Sterr
    Section Image

  • A

    Buyer's Agent in 2025

    Andrew Meurer

    Milwaukee Executive Realty, LLC

    (414) 975-1133

    1 in this area

    64 Total Sales

    Andrew Meurer
    Section Image
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Map

Source: Metro MLS

MLS Number: 1912525

Metro MLS

APN: 316-1416-000-7

Wisconsin Milwaukee County Milwaukee 53211 Upper East Side

2833 N Downer Ave, Milwaukee, WI

Sold

Other

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