$620,000
SOLD MAR 21, 2025
-- Bed
-- Bath
4,804 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

4% Below List Price

23 Days on Market

About This Home

As of March 2025

Charming 8-unit brick building located in Milwaukee's desirable Columbus Park neighborhood. Each unit features 1 bedroom, 1 bath, a full eat-in kitchen, a spacious living room, beautiful hardwood floors, and an abundance of natural light. The property offers 8 off-street parking spaces with convenient alley access. Roof is 5 years old. All units have forced air heating. Tenants will appreciate the onsite coin laundry in the basement and the excellent location, close to public transit, freeway access, and popular restaurants. Total gross monthly rents of $5,975 make this a solid investment opportunity!

Last Agent to Sell the Property

Rodolfo Garcia

RE/MAX Service First License #86176-94 Listed on: 01/07/2025

RE/MAX Service First

Last Buyer's Agent

Rodolfo Garcia

RE/MAX Service First License #86176-94 Listed on: 01/07/2025

RE/MAX Service First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,895

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 4,804 Sq Ft Home
  • Brick Exterior Construction

Basement

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

Schools

  • Craig Montessori Elementary School

Community Details

  • Operating Expense $17,255
  • Net Operating Income $54,445

Listing and Financial Details

  • Exclusions: Seller's and tenant's personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 2240348000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,895

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.22
  • Inclusions: 8 refrigerators, 8 oven/ranges
  • Directions: See GPS
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Seller's and tenant's personal property
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Craig Montessori
  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 2240348000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 54445
  • Annual Operating Expense: 17255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 21, 2025
Sold by
Berkec Franjo and Berkec Melita A
Bought by
Alsamarraie Mohammed
Seller's Agent
Rodolfo Garcia
RE/MAX Service First
Buyer's Agent
Rodolfo Garcia
RE/MAX Service First
List Price
$646,000
Sold Price
$620,000
Premium/Discount to List
-$26,000
-4.02%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$465,000
Outstanding Balance
$465,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$177,048
Source: Public Records

Range of Values:

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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 $620,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Previous Owner $129,630 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $668,000 -1.0% $139 / Sq Ft
04/25/2025 04/25/25 For Sale $675,000 +8.9% $141 / Sq Ft
03/21/2025 03/21/25 Sold $620,000 -4.0% $129 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $646,000 -- $134 / 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
2023 $7,895 $334,100 $30,400 $303,700
2022 $7,993 $334,100 $30,400 $303,700
2021 $8,812 $334,100 $28,000 $306,100
2020 $8,770 $334,100 $28,000 $306,100
2019 $7,255 $278,000 $28,000 $250,000
2018 $7,192 $278,000 $28,000 $250,000
2017 $6,845 $251,000 $28,000 $223,000
2016 $6,753 $235,600 $28,000 $207,600
2015 $6,901 $235,600 $28,000 $207,600
2014 $6,711 $224,400 $28,000 $196,400
2013 -- $224,400 $28,000 $196,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1903305

Metro MLS

APN: 224-0348-000-6