NOT LISTED FOR SALE
1 Bed
1 Bath
2,292 Sq Ft
2,614 Sq Ft Lot

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding
  • Golda Meir School Rated A-
  • Asbestos
  • 4-minute walk to Kadish Park

About This Home

Attention Investors! Fantastic Lavender Hill/Riverwest investment opportunity! Located adjacent to Brewer Hill and minutes from the Eastside and downtown, this property consists of 3 one-bedroom units and 1 two-bedroom unit, all currently occupied with separate heat, gas, and electric with each unit contributing to the water bill. Yearly rent generates $38,820 generating cash-flow with monthly rents totaling $3235. Off-street parking for 4 cars. Updates include vinyl windows throughout and all appliances. Upper units feature airy loft bedrooms with skylights. Fantastic area for this excellent opportunity

Last Agent to Sell the Property

Jay Schmidt

Keller Williams Realty-Milwaukee North Shore License #57868-90 Listed on: 08/08/2023

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Dylan Page

Smart Asset Realty Inc License #87447-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,038

Year Built

  • Built in 1884

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Wood Siding
  • Asbestos

Interior Spaces

  • 2,292 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller or Tenants Personal Property

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,038

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Four refrigerators, four oven/ranges, coin-operated washer and dryer
  • Directions: Holton Ave south of North Ave to Garfield Ave, east to property
  • New Construction: No
  • Year Built: 1884
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 514 E Garfield AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.06
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2292.00

Exterior Features

  • Exclusions: Seller or Tenants Personal Property
  • Exterior Building Type: Apartment Building
  • Exterior: Asbestos/Asphalt, Partial-Wood

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT4
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 6038.2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2023 10/08/23 Off Market $319,000 -- --
08/14/2023 08/14/23 For Sale $319,000 -- $139 / Sq Ft
Source: Metro MLS

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 $8,575 $280,800 $3,100 $277,700
2023 $5,955 $252,000 $3,100 $248,900
2022 $6,038 $252,000 $3,100 $248,900
2021 $5,363 $202,800 $3,100 $199,700
2020 $5,334 $202,800 $3,100 $199,700
2019 $4,675 $179,000 $3,100 $175,900
2018 $4,631 $179,000 $3,100 $175,900
2017 $4,879 $179,000 $3,100 $175,900
2016 $5,725 $199,800 $3,100 $196,700
2015 $5,624 $192,100 $3,100 $189,000
2014 $5,743 $192,100 $3,100 $189,000
2013 -- $217,700 $3,100 $214,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1845847

Metro MLS