3225 W Mc Kinley Blvd Milwaukee, WI 53208
Cold Spring Park NeighborhoodEstimated payment $1,536/month
About This Home
Charming VICTORIAN 3-Family - Live in One, Rent the Others! Unlock the POTENTIAL in this well-maintained, income-generating Victorian triplex! Perfect for investors or owner-occupants, this property features three unique units: a spacious 3-bedroom, a 2-bedroom, and a private 1-bedroom + sunroomideal for living in while collecting rent. The 1-bedroom unit is vacant and move-in ready, while the other two units are leased, providing immediate cash flow. Classic Victorian charm shines through with a welcoming front porch, detailed exterior moldings, and TIMELESS architectural appeal. Practical upgrades include separately metered utilities, 100 AMP service for each unit, and 3-car parking off the alley. Perfect if you're looking to expand your portfolio or offset your mortgage with rents!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,462
Home Design
Additional Features
- Basement Fills Entire Space Under The House
- 0.9 Acre Lot
Community Details
- Operating Expense $10,185
- Net Operating Income $24,942
Listing and Financial Details
- Exclusions: tenant personal property
- Assessor Parcel Number 3651421000
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 | $3,462 | $150,000 | $5,600 | $144,400 |
2023 | $3,162 | $133,800 | $5,600 | $128,200 |
2022 | $3,223 | $133,800 | $5,600 | $128,200 |
2021 | $2,751 | $103,400 | $5,700 | $97,700 |
2020 | $2,733 | $103,400 | $5,700 | $97,700 |
2019 | $2,407 | $84,300 | $5,800 | $78,500 |
2018 | $2,180 | $84,300 | $5,800 | $78,500 |
2017 | $2,122 | $78,000 | $3,300 | $74,700 |
2016 | $2,272 | $77,400 | $3,300 | $74,100 |
2015 | -- | $77,400 | $3,300 | $74,100 |
2014 | -- | $83,800 | $3,300 | $80,500 |
2013 | -- | $104,800 | $3,300 | $101,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/03/2025 09/03/25 | Price Changed | $234,000 | -6.0% | -- |
07/20/2025 07/20/25 | For Sale | $249,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $48,000 | Attorney | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $55,000 | Unknown |
Source: Metro MLS
MLS Number: 1927413

APN: 365-1421-000-9
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