Solid investment in the Saint Joseph neighborhood of Milwaukee. Currently 100% occupied with historically low vacancy. Owner pays common gas & electric, water & sewer. Tenants pay for heat, gas and electric. Converted from one central boiler to new individual furnaces in 2015 along with the new ductwork to with it. Low maintenance brick exterior with approximately 12 year old flat rubber roof. Leased coin-op laundry for additional income and storage in the basement. Invest in this property, raise the rents and enjoy your cash flow! Conservative projected rents of $815 for 2 Bedrooms, $725 for 1 Bedrooms. Possible alternative uses are adult care building or government programs for guaranteed income. Buyer to cooperate with Sellers 1031 exchange.
Closed
$490,000
5823 West Appleton AVENUE, Milwaukee, WI 53210
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1929
-- sqft lot
$-- Zestimate®
$--/sqft
$797 Estimated rent
Home value
Not available
Estimated sales range
Not available
$797/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$797/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$797/mo
Rent Zestimate®
Refinance and save
$3,309/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$3,309/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 08, 2023 at 06:19am
Listed by:
Bryan Caprioli 262-719-2277,
CAP Investment Realty, LLC
Bought with:
Hoffmann Team*
Source: WIREX MLS,MLS#: 1832342
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air, Individual Heating Units
Cooling
- Individual Heating Units
Appliances
- Included: Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Water Heater
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 7,840 sqft
Details
- Parcel number: 3060627000
- Zoning: LB2 / Apartment
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Other
Other facts
- Listing terms: Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $490,000-8.4% |
Source:  WIREX MLS #1832342 Report a problem | ||
| 7/13/2023 | Contingent | $535,000 |
Source: WIREX MLS #1832342 Report a problem | ||
| 5/17/2023 | Price change | $535,000-5.3% |
Source: WIREX MLS #1832342 Report a problem | ||
| 4/28/2023 | Listed for sale | $565,000+182.5% |
Source: WIREX MLS #1832342 Report a problem | ||
| 1/16/2018 | Listing removed | $495 |
Source: MKE PM Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $7,019 +8.6% | $294,800 +26.9% |
| 2021 | $6,465 | $232,300 |
| 2020 | $6,465 | $232,300 |
Find assessor info on the county website
Neighborhood: Saint Joseph
Nearby schools
GreatSchools rating
- 3/10Sherman ElementaryGrades: PK-8Distance: 0.5 mi
- 4/10Washington High School of Information TechnologyGrades: 9-12Distance: 0.9 mi
- 5/10Milwaukee French Immersion 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Wisconsin
- Milwaukee County
- Milwaukee
- 53210
- Saint Joseph
- 5823 West Appleton AVENUE