Don't miss this one of a kind investment opportunity right along Pewaukee Lake! Whether seeking a perfect owner-occupant property or adding to an existing portfolio, this home is not to be missed. The lower unit has been fully renovated to modern sensibilities and offers high-return AirBNB potential. Meanwhile, the two fully-rented upper units provide stable, long-term renter cashflow and opportunity for growth to market rates. Mere blocks from the waterfront, the home attracts lake lovers and beach vacationers alike! The long driveway provides ample outdoor parking, while the sizable yard invites tenants to soak in the sun. Newer mechanicals and quality maintenance ensure a smooth transition into the home. Schedule your tour today!
Closed
$530,000
135 Lake STREET, Pewaukee, WI 53072
--beds
--baths
--sqft
Multi Family, Apartment, Duplex
Built in ----
-- sqft lot
$506,700 Zestimate®
$--/sqft
$1,666 Estimated rent
Home value
$506,700
$461,000 - $552,000
$1,666/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 27, 2025 at 03:13am
Listed by:
One Roof Real Estate Group* brookfieldfrontdesk@realtyexecutives.com,
Realty Executives Integrity Brookfield
Bought with:
Omar I Habib
Source: WIREX MLS,MLS#: 1882317
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Seller Owned: Water Heater, Water Softener
Features
- Basement: Full,Laundry Facilities,Walk-Out Access
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 9,147 sqft
Details
- Parcel number: PWV 0896049
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment, Duplex
Materials
- Partial-Wood, Vinyl Siding
Condition
- 21+ Years
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pewaukee
- Municipality: Pewaukee
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $530,000-7.8% |
Source:  WIREX MLS #1882317 | ||
| 2/1/2025 | Listing removed | $574,900 |
Source: WIREX MLS #1882317 | ||
| 1/14/2025 | Contingent | $574,900 |
Source: WIREX MLS #1882317 | ||
| 1/13/2025 | Listed for sale | $574,900 |
Source: WIREX MLS #1882317 | ||
| 11/16/2024 | Listing removed | $574,900 |
Source: WIREX MLS #1882317 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,965 -10.6% | $242,700 |
| 2022 | $3,315 +12.2% | $242,700 +20% |
| 2021 | $2,954 -6.7% | $202,200 |
Find assessor info on the county website
Neighborhood: 53072
Nearby schools
GreatSchools rating
- NAPewaukee Lake Elementary SchoolGrades: PK-2Distance: 0.3 mi
- 9/10Asa Clark Middle SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Pewaukee High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Middle: Asa Clark
- High: Pewaukee
- District: Pewaukee
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Get a free Zillow Showcase℠ listing and you could sell for .
$506,700
2% more+ $10,134
With Zillow Showcase(estimated)
$516,834