$750,000
SOLD JUL 30, 2025

707 E Brady St Milwaukee, WI 53202

Lower East Side Neighborhood
-- Bed
-- Bath
-- Sq Ft
30,056 Sq Ft Lot

Recently Sold

6% Below List Price

15 Days on Market

About This Home

As of July 2025

This is an investment property sale. A commercial tenant occupies the restaurant (Sticky Rice) on the main level through November 2029. The 2nd floor has a 2-bed, 1-bath unit, and the 3rd floor has a 1-bed, 1-bath unit. See Offering Memorandum for more information on financials.

Last Agent to Sell the Property

Steve Brunow

Cushman & Wakefield / Boerke License #77307-94 Listed on: 05/22/2025

Last Buyer's Agent

Andrew Meurer

Milwaukee Executive Realty, LLC License #56982-90

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.69 Acre Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Additional Features

  • Basement

Community Details

  • Operating Expense $29,994
  • Net Operating Income $58,206

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 3600001000

Property Details

Home Type

Multi-Family

Lot Details

0.69 Acres

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.69
  • Directions: Contact Steve Brunow at Cushman & Wakefield | Boerke for additional information on this investment sale. sbrunow@boerke.com (414) 477-4485
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Poured Concrete
  • Basement YN: Yes

Exterior Features

  • Construction Type: Wood, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Parcel #: 3600001000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Property Net Operating Income: 58206
  • Annual Operating Expense: 29994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jul 23, 2025
Sold by
707 East Brady Llc
Bought by
Nexgen Ventures Llc
Seller's Agent
Steve Brunow
Cushman & Wakefield / Boerke
Buyer's Agent
Andrew Meurer
Milwaukee Executive Realty, LLC
List Price
$800,000
Sold Price
$750,000
Premium/Discount to List
-$50,000
-6.25%
Views
23
Current Estimated Value
$735,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,838
Avg. Annual Appreciation
-1.08%
Original Mortgage
$562,500
Outstanding Balance
$561,532
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$183,418

Purchase Details

Closed on
Mar 3, 2020
Sold by
707 Brady Llc
Bought by
707 East Brady Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2018
Sold by
Aditi Llc
Bought by
707 Brady Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Warranty Deed $750,000 None Listed On Document
Warranty Deed $650,000 Knight Barry Title Inc
Warranty Deed $590,000 Knight Barry Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $520,000 Commercial
Previous Owner $490,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2025 07/30/25 Sold $750,000 -6.3% --
06/06/2025 06/06/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $800,000 -- --
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 $20,112 $746,700 $74,900 $671,800
2023 $15,126 $640,100 $74,900 $565,200
2022 $17,041 $640,100 $74,900 $565,200
2021 $18,196 $637,900 $74,900 $563,000
2020 $17,720 $637,900 $74,900 $563,000
2019 $20,005 $603,000 $74,900 $528,100
2018 $16,893 $603,000 $74,900 $528,100
2017 $19,543 $591,000 $74,900 $516,100
2016 $20,700 $574,000 $74,900 $499,100
2015 $21,923 $595,000 $74,900 $520,100
2014 $18,797 $565,000 $74,900 $490,100
2013 -- $565,000 $74,900 $490,100
Source: Public Records

Agents Affiliated with this Home

  • Steve Brunow

    Seller's Agent in 2025

    Steve Brunow

    Cushman & Wakefield / Boerke

    (414) 477-4485

    1 in this area

    3 Total Sales

    Steve Brunow
    Section Image

  • A

    Buyer's Agent in 2025

    Andrew Meurer

    Milwaukee Executive Realty, LLC

    (414) 975-1133

    4 in this area

    64 Total Sales

    Andrew Meurer
    Section Image
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Map

Source: Metro MLS

MLS Number: 1919013

Metro MLS

APN: 360-0001-000-0

Wisconsin Milwaukee County Milwaukee 53202 Lower East Side

707 E Brady St, Milwaukee, WI

Sold

MultiFamily

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