NOT LISTED FOR SALE

820 E Locust St Milwaukee, WI 53212

Riverwest Neighborhood

Estimated Value: $486,892

-- Beds
-- Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: February 27, 2026

Last sale price $485,000

Current estimated payment $3,186 / mo

112 Days on Market

About This Home

As of February 2026

Excellent mixed-use investment opportunity in Riverwest featuring 8 total units: 5 commercial spaces on the first floor and 3 residential units above. 2 residential units already renovated with the opportunity to add 1-2 units in the unfinished 3rd floor. Located just 1 mile from I-43 access at W Locust Street, this property offers outstanding visibility and accessibility. Premier Milwaukee location with close proximity to downtown amenities, public transportation, and major thoroughfares. Strong potential for rental income growth and property enhancement. Ideal for investors seeking value-add opportunities in a high-demand area.

Last Agent to Sell the Property

Joe Eldredge, CCIM

Inland Real Estate Partners, LLC Brokerage Phone: 414-276-9500 License #48337-90 Listed on: 10/01/2025

Last Buyer's Agent

Paula Zamorano

Realty of America LLC License #88958-94

Realty of America LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,405

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction

Additional Features

  • Basement Fills Entire Space Under The House
  • 7,405 Sq Ft Lot

Community Details

  • Operating Expense $37,860
  • Net Operating Income $30,429

Listing and Financial Details

  • Assessor Parcel Number 3140240000

Property Details

Home Type

Multi-Family

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.17
  • Attribution Contact: 414-276-9500
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 3140240000

Rental Info

  • Tenant Pays: Other

Multi Family

  • Property Net Operating Income: 30429
  • Annual Operating Expense: 37860

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riverwest, WI

  • Haglund Home Team* Real Estate Agent - Keller Williams-MNS Wauwatosa

    Haglund Home Team*

    Keller Williams-MNS Wauwatosa

    (262) 947-4684

    25 Total Sales

    2 in Riverwest

    $210K - $230K Price Range

    Haglund Home Team*
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  • Maura Strickler Real Estate Agent - Shorewest Realtors, Inc.

    Maura Strickler

    Shorewest Realtors, Inc.

    (414) 441-3374

    149 Total Sales

    1 in Riverwest

    $271,000 Price

    Maura Strickler
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  • Kristel Sikora Real Estate Agent - Shorewest Realtors, Inc.

    Kristel Sikora

    Shorewest Realtors, Inc.

    (262) 947-4510

    210 Total Sales

    4 in Riverwest

    $123K - $314K Price Range

    Kristel Sikora
     Section Image
  • Gabriella Clemens Real Estate Agent - Coldwell Banker Realty

    Gabriella Clemens

    Responds Quickly

    Coldwell Banker Realty

    (414) 348-8611

    170 Total Sales

    3 in Riverwest

    $105K - $236K Price Range

    Gabriella Clemens
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  • Julie Bushman Real Estate Agent - List2Sell, LLC

    Julie Bushman

    List2Sell, LLC

    (262) 333-6335

    112 Total Sales

    1 in Riverwest

    $114,045 Price

    Julie Bushman
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  • Pete Picciolo Real Estate Agent - Shorewest Realtors, Inc.

    Pete Picciolo

    Shorewest Realtors, Inc.

    (414) 626-0873

    57 Total Sales

    1 in Riverwest

    $590,000 Price

    Pete Picciolo
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 Sold $485,000 -2.8% --
01/21/2026 01/21/26 Pending -- -- --
12/03/2025 12/03/25 Price Changed $499,000 -9.3% --
10/01/2025 10/01/25 For Sale $549,900 0.0% --
08/28/2025 08/28/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $549,900 -- --
Source: Metro MLS

Agents Affiliated with this Home

  • Joe Eldredge, CCIM Real Estate Agent - Inland Real Estate Partners, LLC

    Seller's Agent in 2026

    Joe Eldredge, CCIM

    Inland Real Estate Partners, LLC

    (414) 982-6988

    1 in this area

    27 Total Sales

    Joe Eldredge, CCIM
    Section Image

  • PZ

    Buyer's Agent in 2026

    Paula Zamorano

    Realty of America LLC

    (414) 530-7657

    1 in this area

    68 Total Sales

    Paula Zamorano
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Map

Source: Metro MLS

MLS Number: 1931073

Metro MLS
Wisconsin Milwaukee County Milwaukee 53212 Riverwest

820 E Locust St, Milwaukee, WI

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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.

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