512 E Main St Waukesha, WI 53186
Estimated payment $1,798/month
About This Home
Large Duplex in the heart of Waukesha presents a strong investment opportunity with immediate cash flow. The lower unit offers two bedrooms, a full bathroom, kitchen, living room, and dining room, while the upper unit features three bedrooms, a full bathroom, kitchen, and living room. Both units are currently rented at $1,100 per month each, providing reliable rental income from day one. Updates include a newer roof, siding, paint, electrical improvements and updated bathrooms with much more value ad remaining! Located just a couple of blocks from Frame Park, the Fox River, and downtown Waukesha dining, shopping, and entertainment, this property is well positioned for long term value and tenant appeal. Schedule your showing today! Cash or Hard Money Only!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,853
Lot Details
- 9,583 Sq Ft Lot
Interior Spaces
- 2,068 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Seller's and Tenants' personal items.
- The owner pays for sewer, water
- Assessor Parcel Number 2911302385
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 | $2,853 | $187,800 | $50,900 | $136,900 |
| 2023 | $2,793 | $187,800 | $50,900 | $136,900 |
| 2022 | $3,100 | $157,000 | $55,000 | $102,000 |
| 2021 | $3,190 | $157,000 | $55,000 | $102,000 |
| 2020 | $3,047 | $157,000 | $55,000 | $102,000 |
| 2019 | $2,968 | $157,000 | $55,000 | $102,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $299,900 | +150.1% | $145 / Sq Ft | |
| 02/11/2025 02/11/25 | Sold | $119,900 | -7.7% | $58 / Sq Ft | View Prior Sale |
| 01/07/2025 01/07/25 | For Sale | $129,900 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $119,900 | None Listed On Document | |
| Interfamily Deed Transfer | $28,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $174,900 | Construction |
Source: Metro MLS
MLS Number: 1947455
APN: WAKC-1302-385
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Ask me questions while you tour the home.