$310,000

Estimated payment $2,001/month

Total Views 530
-- Bed
-- Bath
3,476 Sq Ft
$89 Price per Sq Ft

About This Home

We're excited to present a rare ownership opportunity in a well-positioned mixed-use property within Milwaukee's sought-after near westside-campus district. Just blocks from Marquette University, this investment delivers immediate cash flow, strong tenant demand, and value-add potential through rent growth. Priced at $310,000 with an established NOI of $30,863.69, the property achieves a 10 cap ratean excellent entry point into a thriving submarket known for consistent occupancy and long-term stability. Ideal for investors seeking steady income and appreciation potential in a proven location near the university

Listing Agent

Alshun Cole

Fathom Realty, LLC License #73855-94 Listed on: 11/13/2025

Fathom Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,398

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,476 Sq Ft Home
  • Basement Fills Entire Space Under The House

Community Details

  • Operating Expense $12,539
  • Net Operating Income $30,864

Listing and Financial Details

  • Exclusions: Tenants personal property
  • The owner pays for sewer, water
  • Assessor Parcel Number 3890302000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,398

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.03
  • Inclusions: unit101 cook top and refrigerator,unit 102 fridge, dishwasher, cooktop, microwave.unit 201 refrigerator and cooktop
  • Directions: N27th street to property
  • Special Features: None

Interior Features

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

Exterior Features

  • Exclusions: Tenants personal property
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Milwaukee

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 3890302000

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 30863.69
  • Annual Operating Expense: 12539.31

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,398 $181,800 $2,600 $179,200
2023 $3,495 $147,900 $2,600 $145,300
2022 $6,480 $147,500 $2,600 $144,900
2021 $3,974 $147,500 $2,600 $144,900
2020 $4,055 $147,500 $2,600 $144,900
2019 $3,970 $139,000 $2,600 $136,400
2018 $3,755 $139,000 $2,600 $136,400
2017 $3,748 $132,000 $2,600 $129,400
2016 $4,017 $127,000 $2,600 $124,400
2015 -- $127,000 $2,600 $124,400
2014 -- $127,000 $2,600 $124,400
2013 -- $127,000 $2,600 $124,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $310,000 -- $89 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Prism Tiitloe Midwest
Warranty Deed -- None Available
Warranty Deed $289,200 --
Warranty Deed $133,500 --
Warranty Deed $43,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 Future Advance Clause Open End Mortgage
Previous Owner $130,800 Purchase Money Mortgage
Source: Public Records

Source: Metro MLS

MLS Number: 1942783

Metro MLS

APN: 389-0302-000-5