$255,000
SOLD NOV 25, 2025
-- Bed
-- Bath
2,424 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

32% Below List Price

30 Days on Market

About This Home

As of November 2025

Incredible investment opportunity in the heart of Riverwest's business district on Center St! This offering includes two buildings on one lot, featuring a charming duplex with vintage details, hardwood floors, spacious bedrooms, a front porch, and two balconies, located in a highly rentable area. The approx. 1,250 sq ft commercial space offers excellent visibility, strong foot traffic, and is brimming with opportunities for a variety of business uses. Situated on a prime corner lot with six off-street parking spaces. Surrounded by neighborhood shops, dining, and community events. Ideal for investors, owner-occupants, or redevelopment.

Last Agent to Sell the Property

Kathleen Klassen

Keller Williams Realty-Milwaukee North Shore License #78479-94 Listed on: 05/22/2025

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Kathleen Klassen

Keller Williams Realty-Milwaukee North Shore License #78479-94 Listed on: 05/22/2025

Keller Williams Realty-Milwaukee North Shore

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,597

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley

Interior Spaces

  • 2,424 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All of tenant's and seller's personal property.
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 3140020000

Property Details

Property Type

Other

Est. Annual Taxes

$3,597

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.16
  • Inclusions: 2 refrigerators, 2 stoves, washer and dryer
  • Property Information:Est Total Sq Ft: 2424
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full

Exterior Features

  • Exclusions: All of tenant's and seller's personal property.

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Space, Alley Entrance
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 3140020000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3597
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Nov 25, 2025
Sold by
Lawson Mark E
Bought by
Shersty Naomi
Seller's Agent
Kathleen Klassen
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Kathleen Klassen
Keller Williams Realty-Milwaukee North Shore
List Price
$375,000
Sold Price
$255,000
Premium/Discount to List
-$120,000
-32%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$204,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2002
Sold by
Kuester Emil E and Kuester Rosalie
Bought by
Lawson Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
7.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $255,000 Focus Title
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $65,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $255,000 -30.1% $105 / Sq Ft
05/31/2025 05/31/25 Price Changed $365,000 -2.7% $151 / Sq Ft
05/22/2025 05/22/25 For Sale $375,000 -- $155 / 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
2024 $3,707 $172,900 $18,000 $154,900
2023 $2,831 $119,800 $18,000 $101,800
2022 $2,648 $119,800 $18,000 $101,800
2021 $2,832 $119,800 $18,000 $101,800
2020 $2,979 $119,800 $18,000 $101,800
2019 $4,883 $116,300 $18,000 $98,300
2018 $2,845 $116,300 $18,000 $98,300
2017 $4,585 $114,000 $18,000 $96,000
2016 $4,175 $99,900 $18,000 $81,900
2015 -- $99,900 $18,000 $81,900
2014 -- $97,200 $18,000 $79,200
2013 -- $93,700 $18,000 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1917776

Metro MLS

APN: 314-0020-000-1