$447,000
SOLD SEP 17, 2025

3947 E Squire Ave Cudahy, WI 53110

-- Bed
-- Bath
3,000 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

13 Days on Market

About This Home

As of September 2025

Fantastic opportunity to own a solid brick 4-family in one of Cudahy's most sought-after locationsjust steps from Sheridan Park and the breezy shores of Lake Michigan. All four units feature 2 bedrooms and 1 bathroom, with spacious layouts and great natural light. Fully occupied with solid tenants, this property is a turnkey addition to any investment portfolio. Whether you're a seasoned investor or just getting started, this location, stability, and potential for future appreciation make it a smart move. Walkable to parks, trails, and the lakethis one checks all the boxes!

Last Agent to Sell the Property

The Hupke Team*

RE/MAX Forward License #57861-90 Listed on: 08/07/2025

Last Buyer's Agent

Joe Miller

North Shore Realty Group, LLC. License #57686-90

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 3,000 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Cudahy Middle School
  • Cudahy High School

Community Details

  • Operating Expense $22,729
  • Net Operating Income $24,611

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water, electric/public
  • Assessor Parcel Number 6320218000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.08
  • Inclusions: 4 Refrigerators; 4 Oven/Ranges
  • Directions: Layton Avenue east to lake Drive, south one block to Squire Avenue, right on Squire to house, which is third one on the left.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenant's personal property
  • Construction Type: Wood, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Cudahy
  • High School: Cudahy
  • Middle Or Junior School: Cudahy

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 6320218000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 24611
  • Annual Operating Expense: 22729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Sep 16, 2025
Sold by
Downes Brian Patrick
Bought by
48 Real Estate Llc
Seller's Agent
The Hupke Team*
RE/MAX Forward
Buyer's Agent
Joe Miller
North Shore Realty Group, LLC.
List Price
$449,000
Sold Price
$447,000
Premium/Discount to List
-$2,000
-0.45%
Views
110
Current Estimated Value
$443,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,605
Avg. Annual Appreciation
-2.95%
Original Mortgage
$357,600
Outstanding Balance
$357,600
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$85,795

Purchase Details

Closed on
May 20, 2022
Sold by
Downes Jennifer M
Bought by
Downes Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2020
Sold by
Downes Jennifer and Downes Brian
Bought by
Boy Wonder Porperties Llc

Purchase Details

Closed on
Apr 14, 2020
Sold by
Boy Wonder Properties Llc
Bought by
Downes Brian and Downes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2020
Sold by
Downes Jennifer and Downes Brian
Bought by
Boy Wonder 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
$198,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 20, 2018
Sold by
Thm Real Estate Llc
Bought by
Dowenes Jennifer and Dowenes Brian
Seller's Agent
SCWMLS Non-Member
South Central Non-Member
Buyer's Agent
Rachel Kvasnica
RE/MAX Preferred
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$198,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2016
Sold by
Mackenzie Bryan
Bought by
Thm Real Estate Llc

Purchase Details

Closed on
May 17, 2016
Sold by
Smartassets Llc
Bought by
Mackenzie Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2014
Sold by
Us Bank Na
Bought by
Smart Assets Llc

Purchase Details

Closed on
Oct 28, 2013
Sold by
Madala Paul
Bought by
Us Bank Na As Legal Title Trustee For Tr
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
Personal Reps Deed $447,000 None Listed On Document
Quit Claim Deed $10,000 None Listed On Document
Quit Claim Deed $10,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $265,000 None Available
Quit Claim Deed -- Attorney
Warranty Deed $177,000 Merit Title
Special Warranty Deed $67,000 None Available
Deed $158,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,600 New Conventional
Previous Owner $203,000 New Conventional
Previous Owner $198,000 New Conventional
Previous Owner $198,750 New Conventional
Previous Owner $141,600 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2025 09/17/25 Sold $447,000 -0.4% $149 / Sq Ft
08/07/2025 08/07/25 For Sale $449,000 +69.4% $150 / Sq Ft
04/20/2018 04/20/18 Sold $265,000 -3.6% $74 / Sq Ft View Prior Sale
03/11/2018 03/11/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $275,000 -- $76 / 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
2024 $9,633 $526,600 $45,400 $481,200
2023 $7,294 $341,900 $45,400 $296,500
2022 $6,772 $265,000 $45,400 $219,600
2021 $6,181 $265,000 $45,400 $219,600
2020 $7,256 $265,000 $45,400 $219,600
2019 $7,364 $265,000 $45,400 $219,600
2018 $5,219 $177,000 $45,400 $131,600
2017 $4,774 $177,000 $45,400 $131,600
2016 $4,812 $177,000 $45,400 $131,600
2015 $3,976 $121,200 $45,400 $75,800
Source: Public Records

Agents Affiliated with this Home

  • The Hupke Team*

    Seller's Agent in 2025

    The Hupke Team*

    RE/MAX

    (262) 613-2548

    4 in this area

    349 Total Sales

    The Hupke Team*
    Section Image
  • Joe Miller

    Buyer's Agent in 2025

    Joe Miller

    North Shore Realty Group, LLC.

    (414) 750-1118

    2 in this area

    21 Total Sales

    Joe Miller
    Section Image

  • S

    Seller's Agent in 2018

    SCWMLS Non-Member

    South Central Non-Member

  • Rachel Kvasnica

    Buyer's Agent in 2018

    Rachel Kvasnica

    RE/MAX

    (262) 853-7010

    84 Total Sales

    Rachel Kvasnica
    Section Image
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Map

Source: Metro MLS

MLS Number: 1929315

Metro MLS

APN: 632-0218-000

Wisconsin Milwaukee County Cudahy 53110

3947 E Squire Ave, Cudahy, WI

Sold

MultiFamily

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