3131 W Madison St Milwaukee, WI 53215
Silver City NeighborhoodEstimated payment $1,078/month
About This Home
Two houses on one lot makes for a great opportunity for investors or owner occupant landlords! This versatile property consists of a front house with two bedrooms, formal dining room, large living room, and expandable attic with a third bedroom. The rear house offers two bedrooms, large living room, kitchen with pantry, formal dining room, and newer furnace and roof. Each unit has its own gas, electric, and heat utilities. Buy to invest, live in one unit and rent out the other, or occupy for multi-generational family housing. Add your TLC and handywork to unlock sweat equity and add value; some repairs and updating are needed. Sold as-is, take advantage of this offering and see today!
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,923
Lot Details
- 3,485 Sq Ft Lot
Home Design
- 1,832 Sq Ft Home
- Clad Trim
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Block Basement Construction
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Seller's personal property
- The owner pays for sewer, water
- Assessor Parcel Number 4351237000
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 |
|---|---|---|---|---|
| 2024 | $1,923 | $99,900 | $7,400 | $92,500 |
| 2023 | $2,016 | $85,300 | $7,400 | $77,900 |
| 2022 | $1,715 | $85,300 | $7,400 | $77,900 |
| 2021 | $1,267 | $57,700 | $7,400 | $50,300 |
| 2020 | $1,320 | $57,700 | $7,400 | $50,300 |
| 2019 | $1,324 | $64,400 | $7,400 | $57,000 |
| 2018 | $1,510 | $64,400 | $7,400 | $57,000 |
| 2017 | $1,503 | $59,700 | $7,200 | $52,500 |
| 2016 | $1,544 | $58,900 | $7,200 | $51,700 |
| 2015 | $1,552 | $60,100 | $7,200 | $52,900 |
| 2014 | $1,702 | $64,000 | $7,200 | $56,800 |
| 2013 | -- | $64,000 | $7,200 | $56,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $169,900 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | Members Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $115,000 | New Conventional |
Source: Metro MLS
MLS Number: 1931738
APN: 435-1237-000-5
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