NOT LISTED FOR SALE

8830 W Howard Ave Unit 8828, 8832 Milwaukee, WI 53228

Morgan Heights Neighborhood

Estimated Value: $596,000 - $685,000

8 Beds
5 Baths
3,230 Sq Ft
$198/Sq Ft Est. Value

Highlights

  • Enclosed Parking
  • Golda Meir School Rated A-
  • Central Air

About This Home

This pristine, 3 unit multifamily Townhome property is true turnkey condition with ZERO deferred maintenance. Great location on a corner lot in a desirable neighborhood. This investment property is comprised of two (2) 3-Bedroom/1.5-Bathroom Townhome & (1) 2 bed, 1.5 bath Townhome all with a finished basement. 3,840 sq ft of Gross Leaseable Area. The property has been meticulously maintained and features well-manicured grounds, 3 garage spaces and 3 additional off-street surface parking spaces. Updated top to bottom. Gross Rent = $59,280 NOI = $46,561, Cap Rate = 7.01%

Last Listed By

Matthew Trenkle

Standard Real Estate Services, LLC License #53924-90 Listed on: 07/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,827

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,230 Sq Ft Home
  • Multi-Level Property

Basement

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

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Templeton Middle School
  • Hamilton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Morgan Heights Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,827

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 Refrigerators, 3 Range, 3 Washer, 3 Dryer, 1 snowblower, 1 lawnmower
  • Directions: On NE corner of 89th and Howard
  • New Construction: No
  • Year Built: 1964
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 8830 W Howard AVENUE #8828, 8832
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.18
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Block, Full, Laundry Facilities
  • Second Floor Total Sq Ft: 3230.00

Exterior Features

  • Exclusions: Seller's personal items
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Hamilton
  • Middle School: Templeton
  • High School: Hamilton
  • High School: Hamilton
  • Junior High Dist: Hamilton

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 7827.0

MLS Schools

  • Middle School: Templeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 10, 2023
Sold by
Real Estate With Integrity Llc
Bought by
8830 W Howard Ave Llc
Seller's Agent
Matthew Trenkle
Standard Real Estate Services, LLC
Buyer's Agent
Ahmed Abubaker
AA Baker Realtors LLC
List Price
$663,900
Sold Price
$612,000
Premium/Discount to List
-$51,900
-7.82%
Total Days on Market
65
Views
53
Current Estimated Value
$639,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,976
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Misiewicz Gregory Louis
Bought by
Real Estate With Integrity Llc

Purchase Details

Closed on
Jun 28, 2012
Sold by
Beres Karen and Czerwinski Tammy
Bought by
Misiewicz Gregory Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2002
Sold by
Butler Morgan R
Bought by
Beres Karen and Czerwinski Tammy

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 Buyer Sale Price Title Company
8830 W Howard Ave Llc $612,000 Prism Title
Real Estate With Integrity Llc $303,000 None Available
Misiewicz Gregory Louis $250,000 None Available
Beres Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Real Estate With Integrity Llc $440,000
Previous Owner Misiewicz Gregory Louis $187,500
Previous Owner Beres Karen $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2023 08/27/23 Off Market $663,900 -- --
07/28/2023 07/28/23 For Sale $663,900 -- $206 / 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 $7,840 $331,800 $46,400 $285,400
2022 $7,828 $331,800 $46,400 $285,400
2021 $7,476 $287,200 $46,400 $240,800
2020 $7,440 $287,200 $46,400 $240,800
2019 $7,280 $260,800 $47,000 $213,800
2018 $6,681 $260,800 $47,000 $213,800
2017 $6,520 $241,500 $49,200 $192,300
2016 $6,922 $243,800 $49,200 $194,600
2015 $6,753 $232,800 $49,200 $183,600
2014 $6,759 $228,200 $49,200 $179,000
2013 -- $218,800 $49,200 $169,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1844179

Metro MLS

APN: 560-1312-000-0