708 S 7th St Unit 710 Milwaukee, WI 53204
Walker's Point NeighborhoodEstimated payment $1,801/month
About This Home
Excellent income-producing 3-unit property located just 1 block from Walker's Point's popular restaurants, entertainment, & local attractions! This unique property features a front duplex along w/ a separate 3-bedroom single-family cottage in the rear. The front 2-units currently generate $2,875/month, while the rear home was previously rented for $1,150/month, offering a total of $4025 monthly rental income. Property includes a large parking lot plus an additional side lot w/ potential for expanded parking. Major mechanical updates have already been completed, with all 3 furnaces replaced within the last year. Ideal opportunity for investors seeking steady rental income in one of Milwaukee's most desirable and rapidly developing neighborhoods.
Listing Agent
Berkshire Hathaway HomeServices Metro Realty License #87737-94 Listed on: 02/28/2026
Property Details
Home Type
- Multi-Family
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,893 Sq Ft Home
- Basement Fills Entire Space Under The House
Community Details
- Operating Expense $17,294
- Net Operating Income $24,567
Listing and Financial Details
- Exclusions: Seller & Tenant's Personal Property.
- The owner pays for sewer, water
- Assessor Parcel Number 4321023100
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 | $4,234 | $188,500 | $15,000 | $173,500 |
| 2023 | $3,237 | $137,000 | $15,000 | $122,000 |
| 2022 | $3,189 | $137,000 | $15,000 | $122,000 |
| 2021 | $2,287 | $89,700 | $15,000 | $74,700 |
| 2020 | $2,272 | $89,700 | $15,000 | $74,700 |
| 2019 | $1,775 | $80,400 | $14,100 | $66,300 |
| 2018 | $3,943 | $80,400 | $14,100 | $66,300 |
| 2017 | $1,755 | $67,000 | $4,000 | $63,000 |
| 2016 | $1,830 | $66,400 | $4,000 | $62,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2026 02/28/26 | For Sale | $275,000 | -- | $95 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $200,000 | Knight Barry Title Inc | |
| Warranty Deed | $51,100 | None Available | |
| Warranty Deed | $14,100 | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional |
Source: Metro MLS
MLS Number: 1951971
APN: 432-1023-100-6
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