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Listed by William Backes Compass RE WI-Tosa
$ 425,000
Est. payment | /mo
$ 425,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1977547
Year Built 1885
Acres 0.31
Property Sub-Type Multi-Family
Property Description
One parcel, two buildings, five units: approx. $49,400 gross income with below-market rents and upside at turnover. Over $115,000 in documented capital improvements since 2019: three units remodeled (kitchens, baths, flooring, lighting), two high-efficiency furnaces, engineered foundation repair, relined sewer lateral, rebuilt garage structure, new precast exterior stairs. The heaviest investments are behind it; what remains is cosmetic. Hold as-is as a producing asset or add value on your timeline. Four-unit apartment building plus a detached 3BR bungalow: live in the house while four units pay the bills. Established tenants, off-street parking. Financials and improvement list available.
Location
State WI
County Milwaukee
Zoning RM1
Direction Hawley Rd over I-94 is closed for construction. Exit I-94 at Mitchell Blvd, S to W National Ave, W to S Hawley Rd, N to property.
Rooms
Basement Full
Interior
Inclusions (5) Refrigerators, (5) Ovens/Ranges, (1) Dishwasher
Exterior
Parking Features Near Public Transit, Outdoor Space
Exclusions Tenants Personal Property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding,Vinyl
Schools
School District Milwaukee
Others
Tax ID 4210501000
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REVIEWS
Buyer
June 23, 2026
It was a pleasure working with Keisha . She was very good with explaining information to educate me through out the process of purchasing a home . . Keisha was very professional and caring as well . I would refer her to another person who is interested in purchasing a home .
Denise Walton
July 10, 2026
I appreciated Keshia's professionalism with both the buying and selling of my properties. Throughout both experiences, she was incredibly professional and made the entire process feel truly painless. I was so impressed that we received an offer within just two weeks of her listing the property. When the first buyer attempted a low offer, I really appreciated how tactfully Keshia declined the offer, with my approval of course. Seeing a second offer come in during that same week for MORE than the listing price was fantastic! I also appreciate how Keshia was always available to explain documents and for answering all of my questions so quickly. She is a wonderful hands-on agent, and her commitment to walking me through every step of the process made me feel completely comfortable. It was such a pleasure to work with her.
Ruth Chojnacki
October 20, 2023
Keshia is a superb real estate agent whose extraordinary competence and responsiveness inspired our confidence during a summer of searching. She listened carefully to what we hoped to find in a new home as we assessed those we visited, pointing out good and not-so-good qualities at each.. Her availability, consistent communication, warmth, and extraordinary diligence were a wonderful source of support for us. Most important, Keshia identified a home that perfectly matched our desires and guided us to a successful offer. In short, we loved working with Keshia Tally. We are grateful for her service and sure that prospective real estate clients will find her an excellent partner.
