508 11th Ave South Milwaukee, WI 53172
Historic Grant Park NeighborhoodEstimated payment $2,970/month
About This Home
Fantastic investment opportunity! This well-maintained 4-family property features spacious 3 bedroom, 1.5 bath unitseach with a separate basement, offering added storage, laundry, and full privacy for tenants. Current tenants are long-term and wish to stay, providing stability and immediate income for the next owner. Whether you're expanding your portfolio or stepping into multifamily ownership, this property offers strong rental history and endless potential. Opportunities like this don't come ofteninvestors won't want to miss out on this one!
Listing Agent
Realty Executives - Integrity Brokerage Email: hartlandfrontdesk@realtyexecutives.com License #89959-94 Listed on: 12/09/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 0.38 Acre Lot
Home Design
- Brick Exterior Construction
- Poured Concrete
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- South Milwaukee Middle School
- South Milwaukee High School
Community Details
- Operating Expense $10,000
- Net Operating Income $39,440
Listing and Financial Details
- Exclusions: All tenant personal property and appliances
- The owner pays for sewer, water
- Assessor Parcel Number 7230066000
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 | $4,240 | $366,900 | $84,000 | $282,900 |
| 2023 | $8,291 | $366,900 | $84,000 | $282,900 |
| 2022 | $8,265 | $366,900 | $84,000 | $282,900 |
| 2021 | $9,078 | $292,000 | $58,000 | $234,000 |
| 2020 | $8,963 | $292,000 | $58,000 | $234,000 |
| 2019 | $8,801 | $292,000 | $58,000 | $234,000 |
| 2018 | $8,309 | $292,000 | $58,000 | $234,000 |
| 2017 | $9,354 | $292,000 | $58,000 | $234,000 |
| 2016 | $7,329 | $292,000 | $58,000 | $234,000 |
| 2015 | $7,376 | $292,000 | $58,000 | $234,000 |
| 2014 | $7,200 | $292,000 | $58,000 | $234,000 |
| 2013 | $8,586 | $292,000 | $58,000 | $234,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Pending | -- | -- | -- |
| 12/09/2025 12/09/25 | For Sale | $499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | No Value Available |
Source: Metro MLS
MLS Number: 1944857
APN: 723-0066-000
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