$534,900
$25K PRICE DROP

Estimated payment $3,444/month

Total Views 9,202
-- Bed
-- Bath
2,828 Sq Ft
$189 Price per Sq Ft

About This Home

Beautiful red brick 4 unit building in the heart of Riverwest. Live in one unit, rent out the rest, or use as investment. 2 units are 2 bed, 1 bath, 2 units are 1 bed, 1 bath. 3-4 off-street parking spaces in back, off alley. Attic has potential. Built-in China cabinets in lower front. Laundry in basement w/washer & dryer provided. Kitchen appliances included. Individual boilers & water heaters for each unit. Fire extinguishers on each level, City of Milwaukee fire inspection required yearly. Easy walking distance to bars, restaurants, public transit & summer farmers market. Close to freeway, lake front & UW-Milwaukee. Buyers to determine actual room sizes. Rents could be higher. Upper front tenants will vacate 8/31/25. Upper rear unit HWF's recently refinished. Rents could be higher!

Listing Agent

Claudine Lienau

Terapak Realty MKE, LLC License #56403-90 Listed on: 07/12/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 2,828 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Fratney Elementary School
  • King International Middle School
  • Riverside High School

Community Details

  • Operating Expense $8,000
  • Net Operating Income $33,760

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property
  • Assessor Parcel Number 2810980000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.1
  • Inclusions: 4 ranges, 4 refrigerators, 1 washer, 1 dryer
  • Directions: East Burleigh St to North Pierce St, south to address.
  • Special Features: None

Interior Features

  • Owner Pays: Other
  • Has Basement: Laundry Facilities, Brick, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller's and Tenant's Personal Property
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Fratney
  • Junior High Dist: Milwaukee
  • High School: Riverside
  • Middle Or Junior School: King International

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 2810980000

Rental Info

  • Tenant Pays: Water, Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 33760
  • Annual Operating Expense: 8000

Map

Range of Values:

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $534,900 -4.5% $189 / Sq Ft
07/12/2025 07/12/25 For Sale $559,900 -- $198 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1925763

Metro MLS

APN: 281-0980-000