Check out this rare 6-unit Apartment building in the desirable Riverwest neighborhood. This property has been extremely well taken care of. The property features updated units, hardwoods throughout, vinyl windows, and ample storage in the basement with space to add more storage units if desired. Tenant's love being in walking distance to Brady St, parks, North Ave, and the lakefront. Property has mostly long-term tenant's with below market rents. This is a great asset to add to your portfolio. Schedule your showing today!
Closed
$625,000
1225 East Wright STREET, Milwaukee, WI 53212
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$1,780 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,780/mo
Zestimate® history
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$3,533/mo
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Updated unitsVinyl windowsAmple storage
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Johns,
Keller Williams Realty-Lake Country
Bought with:
Justin J Chart
Source: WIREX MLS,MLS#: 1869315
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air, Individual Heating Units
Cooling
- Individual Heating Units
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full,Laundry Facilities,Walk-Out Access
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 3201225000
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Partial-Stone, Partial-Stucco/Slate
Condition
- 21+ Years
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $451,200
- Annual tax amount: $9,681
- Date on market: 3/29/2024
- Inclusions: 6 Ovens, 6 Refrigerators, 1 Coin Operated Washer, 1 Coin Operated Dryer.
- Exclusions: Seller's And Tenant's Personal Property.
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $625,000 |
Source:  WIREX MLS #1869315 Report a problem | ||
| 3/31/2024 | Contingent | $625,000 |
Source: WIREX MLS #1869315 Report a problem | ||
| 3/29/2024 | Listed for sale | $625,000+35.9% |
Source: WIREX MLS #1869315 Report a problem | ||
| 4/12/2021 | Sold | $460,000+68.3% |
Source: Public Record Report a problem | ||
| 12/2/2016 | Sold | $273,300+16.3% |
Source: Public Record Report a problem | ||
| 3/30/2012 | Sold | $235,000-6% |
Source: Public Record Report a problem | ||
| 4/24/2011 | Listed for sale | $250,000+66.7% |
Source: HomeSale Realty, Inc. doing business as Coldwell Banker HomeSale Realty #1197501 Report a problem | ||
| 10/13/2010 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,346 +7.3% | $451,200 +10.6% |
| 2023 | $9,641 -0.8% | $408,000 |
| 2022 | $9,714 +7.8% | $408,000 +26% |
| 2021 | $9,009 | $323,700 |
| 2020 | $9,009 | $323,700 |
| 2019 | $9,009 +12.9% | $323,700 +13% |
| 2018 | $7,976 +7.8% | $286,400 +0.1% |
| 2017 | $7,399 -5.1% | $286,000 +10.8% |
| 2016 | $7,801 | $258,200 +4% |
| 2015 | -- | $248,200 |
| 2014 | -- | $248,200 |
| 2012 | -- | $248,200 -8.6% |
| 2011 | -- | $271,600 |
| 2010 | $11,307 -2.1% | $271,600 -5% |
| 2009 | $11,553 | $286,000 -6.4% |
| 2008 | -- | $305,500 |
| 2007 | -- | $305,500 |
| 2006 | -- | $305,500 |
| 2005 | -- | $305,500 +4.1% |
| 2004 | -- | $293,400 +41.2% |
| 2003 | -- | $207,800 +25.7% |
| 2002 | -- | $165,300 +36.3% |
| 2001 | $5,227 +18.8% | $121,300 |
| 2000 | $4,402 +9.7% | $121,300 +29% |
| 1999 | $4,013 | $94,000 |
Find assessor info on the county website
Neighborhood: Riverwest
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Nearby schools
GreatSchools rating
- 2/10Pierce Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Holmes Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 4/10Riverside University High SchoolGrades: 9-12Distance: 0.5 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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- Wisconsin
- Milwaukee County
- Milwaukee
- 53212
- Riverwest
- 1225 East Wright STREET
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