$410,000
SOLD JUL 14, 2025

5246 N 54th St Milwaukee, WI 53218

McGovern Park Neighborhood
-- Bed
-- Bath
3,380 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

3% Above List Price

4 Days on Market

About This Home

As of July 2025

Excellent cash-flowing 3-unit townhouse-style property with rare 3-car garage each tenant enjoys their own private, covered parking space! All three units are over 1,100 sq ft and include additional finished basement space for extra living or family rooms. Strong long-term tenants in place with minimal landlord expenses make this an easy-to-manage, high-yield investment. Located on a quiet street near McGovern Park, this property offers tenants privacy and townhome-style living no stacked units! Perfect for an investor looking for solid returns or an owner-occupant looking to live in one unit while the other two units cover the mortgage. Add this turnkey property to your portfolio and start collecting reliable cash flow immediately.

Last Agent to Sell the Property

Michael Argeropoulos

EXP Realty, LLC~MKE License #79503-94 Listed on: 04/26/2025

EXP Realty, LLC~MKE

Last Buyer's Agent

Sharron Smith

Berkshire Hathaway HomeServices Metro Realty License #89692-94

Berkshire Hathaway HomeServices Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,276

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 3,380 Sq Ft Home
  • Brick Exterior Construction

Basement

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

Community Details

  • Operating Expense $4,225
  • Net Operating Income $46,912

Listing and Financial Details

  • Exclusions: Tenants' personal property.
  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 1900936000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,276

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.2
  • Inclusions: 1 oven, 1 refrigerator, 1 dishwasher.
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenants' personal property.
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Indoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 8712
  • Parcel #: 1900936000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Property Net Operating Income: 46912
  • Annual Operating Expense: 4225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2025
Closed on
Jul 10, 2025
Sold by
Awan Properties Llc
Bought by
Mcfarlane Kamonti
Seller's Agent
Michael Argeropoulos
EXP Realty, LLC~MKE
Buyer's Agent
Sharron Smith
Berkshire Hathaway HomeServices Metro Realty
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.55%
Original Mortgage
$389,500
Outstanding Balance
$389,169
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$76,436

Purchase Details

Closed on
Mar 29, 2024
Sold by
Awan Yasar
Bought by
Awan 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
$195,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2024
Sold by
Awan Properties Llc
Bought by
Awan Yasar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2023
Sold by
Awan Yasar
Bought by
Awan Properties Llc

Purchase Details

Closed on
Mar 13, 2023
Sold by
Simba Homes Llc
Bought by
Awan Properties Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Gross Arnold and Gross Elaine
Bought by
Simba Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $410,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $325,000 --
Warranty Deed $175,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $389,500 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $157,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $410,000 +2.8% $121 / Sq Ft
04/26/2025 04/26/25 For Sale $399,000 -- $118 / 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 $10,276 $284,500 $5,200 $279,300
2023 $3,136 $132,700 $5,200 $127,500
2022 $3,086 $132,700 $5,200 $127,500
2021 $2,947 $114,800 $5,200 $109,600
2020 $2,929 $114,800 $5,200 $109,600
2019 $2,698 $102,400 $5,700 $96,700
2018 $2,583 $102,400 $5,700 $96,700
2017 $2,722 $102,400 $7,800 $94,600
2016 $2,729 $97,700 $7,800 $89,900
2015 -- $97,700 $7,800 $89,900
2014 -- $100,700 $7,800 $92,900
2013 -- $100,700 $7,800 $92,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Argeropoulos

    EXP Realty, LLC~MKE

    (414) 712-1455

    2 in this area

    182 Total Sales

    Michael Argeropoulos
    Section Image

  • S

    Buyer's Agent in 2025

    Sharron Smith

    Berkshire Hathaway HomeServices Metro Realty

    (414) 699-5262

    1 in this area

    10 Total Sales

    Sharron Smith
    Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1915297

Metro MLS

APN: 190-0936-000-2

Wisconsin Milwaukee County Milwaukee 53218 McGovern Park

5246 N 54th St, Milwaukee, WI

This home is located at 5246 N 54th St, Milwaukee, WI 53218 and is currently priced at $410,000, approximately $121 per square foot. 5246 N 54th St is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes