$600,000

8712 W Mitchell St West Allis, WI 53214

Conrad Gardens Neighborhood

Estimated payment $4,281/month

Total Views 425
-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

One package, two buildings, six units in the heart of West Allis: a 4-family plus a duplex, fully occupied with $67,080 in scheduled annual rents and leases in place into 2027. Rents average just $932/unit with clear room to grow at each renewal. 2025 operating statements reflect a ~$25K one-time exterior renovation of the duplex - that reinvestment is done and the buildings show it. Steady tenant base, professional management in place, and the adjacent 22-space parking lot is separately available for buyers who want to control the whole corner. Six doors at under $100K each with documented income. Financials, rent roll, and leases on file. Do not disturb tenants; showings by appointment.

Listing Agent

William Backes

Compass RE WI-Tosa License #81585-94 Listed on: 08/27/2026

Compass RE WI-Tosa

Property Details

Home Type

  • Multi-Family

Parking

  • Outside Parking

Home Design

  • Aluminum Siding
  • Vinyl Siding

Basement

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

Additional Features

  • 19,602 Sq Ft Lot
  • Property is near public transit

Community Details

  • Operating Expense $54,337
  • Net Operating Income $578

Listing and Financial Details

  • Exclusions: Tenant's Personal Property
  • The owner pays for sewer, water, electric/public
  • Assessor Parcel Number 4510354002

Property Details

Home Type

Multi-Family

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.45
  • Inclusions: 6 Refrigerators, 6 Ranges, Laundry Equipment
  • Directions: From I-94, exit S 84th St and head south to W Mitchell St; west to the 8700 block. Two buildings on one parcel: 8712-8714 and 8714A (4-family) directly behind/adjacent.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public
  • Has Basement: Laundry Facilities, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenant's Personal Property
  • Construction Type: Aluminum Siding, Vinyl, Wood

Garage/Parking

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

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: West Allis-West Milwaukee

Lot Info

  • Lot Size Sq Ft: 19602
  • Parcel #: 4510354002

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 578
  • Annual Operating Expense: 54337

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax 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.

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
2025 $11,830 $533,400 $156,500 $376,900
2024 $10,903 $533,400 $156,500 $376,900
2023 $7,480 $261,000 $111,300 $149,700
2022 $7,409 $261,000 $111,300 $149,700
2021 $7,249 $261,000 $111,300 $149,700
2020 $7,241 $261,000 $111,300 $149,700
2019 $7,042 $261,000 $111,300 $149,700
2018 $7,085 $260,200 $29,100 $231,100
2017 $7,308 $260,200 $29,100 $231,100
2016 $7,044 $260,200 $29,100 $231,100
2015 $7,009 $260,200 $29,100 $231,100
2014 $7,029 $260,200 $29,100 $231,100
2013 $7,291 $260,200 $29,100 $231,100
Source: Public Records

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
08/27/2026 08/27/26 For Sale $600,000 -- --
Source: Metro MLS

Purchase 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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $180,000 --
Warranty Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $366,927 Unknown
Previous Owner $384,246 Unknown
Source: Public Records

Source: Metro MLS

MLS Number: 1977935

Metro MLS

APN: 451-0354-002

Wisconsin Milwaukee County West Allis 53214 Conrad Gardens

8712 W Mitchell St, West Allis, WI

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Listing Agent
William Backes
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Compass RE WI-Tosa
(414) 262-6190
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