Excellent investment opportunity in Milwaukee's south side! This three-unit multifamily property is fully occupied, providing immediate cash flow for the next owner with room to increase rents.Each unit has received some updates over time, offering a solid foundation with tenants already in place. While the property has been reasonably maintained, there remains room for value-add opportunities, allowing an investor to further increase rents and overall returns through additional improvements.Whether you're expanding your portfolio or looking for a stable, income-producing asset with growth potential, this is the one not to miss!
Active
Price cut: $10K (2/2)
$259,900
2005 South 7th STREET, Milwaukee, WI 53204
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1880
-- sqft lot
$247,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 21 days |
- 531 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: February 02, 2026 at 09:35am
Listed by:
Andrew Boisvert PropertyInfo@shorewest.com,
Shorewest Realtors - South Metro
Source: WIREX MLS,MLS#: 1948169
Originating MLS: Metro MLS
Tour with a local agent
Facts & features
Interior
Heating
- Electric, Natural Gas
Features
- Basement: None / Slab
- Has fireplace: No
Video & virtual tour
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 4681111000
- Zoning: RT4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick/Stone, Brick, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $99,100
- Annual tax amount: $3,184
- Date on market: 1/23/2026
Estimated market value
$247,100
$235,000 - $259,000
$1,319/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $259,900-3.7% |
Source: | ||
| 1/23/2026 | Listed for sale | $269,900+54.2% |
Source: | ||
| 8/27/2021 | Sold | $175,000-7.8% |
Source: | ||
| 8/16/2021 | Pending sale | $189,900-5% |
Source: Realty Executives Broker of Record #1745986 Report a problem | ||
| 6/28/2021 | Price change | $199,900-2.4% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $2,174 +20.4% | $91,300 +40.7% |
| 2021 | $1,806 | $64,900 |
| 2020 | $1,806 | $64,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,701/mo
Principal & interest
$1240
Property taxes
$370
Home insurance
$91
Climate risks
Neighborhood: Historic Mitchell Street
Nearby schools
GreatSchools rating
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.2 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 0.6 mi
- 2/10Forest Home Avenue SchoolGrades: PK-5Distance: 0.6 mi
Schools provided by the listing agent
- District: Milwaukee
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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