Charming upper/lower duplex perfect for investors looking to grow their portfolio or those looking to start their rental portfolio! The lower unit features 2 bedrooms and 1 bath ($1025mo), while the upper unit offers 1 bedroom and 1 bath ($600mo)--both currently rented. This bungalow-style property is full of character with beautiful hardwood floors, built-ins, and timeless charm. Within the last 5years the basement walls have been reinforced, new windows, hot water heater and AC. A fantastic opportunity to generate income from day one with long term tenants!!
Closed
$259,000
1427 Madison AVENUE, South Milwaukee, WI 53172
3beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$275,400 Zestimate®
$--/sqft
$1,504 Estimated rent
Home value
$275,400
$248,000 - $303,000
$1,504/mo
Zestimate® history
Owner options
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$1,504/mo
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$1,504/mo
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$1,772/mo
Est. payment
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$1,772/mo
Est. payment
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List your homeWhat's special
Timeless charmHardwood floors
Zillow last checked:
Listing updated:
Listed by:
The Borowski Group*,
Homestead Realty, Inc
Bought with:
Chris L Slinker
Source: WIREX MLS,MLS#: 1919290
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Block,Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 3,920 sqft
Details
- Parcel number: 7700405000
- Zoning: Residential
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1929
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: South Milwaukee
- Municipality: South Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Sold | $259,000-5.8% |
Source:  WIREX MLS #1919290 Report a problem | ||
| 5/29/2025 | Contingent | $274,900 |
Source: WIREX MLS #1919290 Report a problem | ||
| 5/23/2025 | Listed for sale | $274,900+89.6% |
Source: WIREX MLS #1919290 Report a problem | ||
| 6/15/2021 | Sold | $145,000+33% |
Source: Public Record Report a problem | ||
| 12/23/2016 | Sold | $109,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,611 +1.1% | $185,500 |
| 2023 | $3,573 +14% | $185,500 +61.3% |
| 2022 | $3,133 -8.3% | $115,000 |
| 2021 | $3,416 | $115,000 |
| 2020 | $3,416 +1.2% | $115,000 |
| 2019 | $3,374 +3.1% | $115,000 |
| 2018 | $3,272 +5.5% | $115,000 |
| 2017 | $3,103 +2.2% | $115,000 |
| 2016 | $3,036 +6.3% | $115,000 |
| 2015 | $2,856 +2.5% | $115,000 |
| 2014 | $2,787 -13.6% | $115,000 |
| 2012 | $3,226 +1.2% | $115,000 |
| 2011 | $3,187 -8.5% | $115,000 -23.3% |
| 2010 | $3,485 +2.1% | $150,000 |
| 2009 | $3,414 +1.9% | $150,000 |
| 2008 | $3,349 +4.9% | $150,000 |
| 2007 | $3,194 +9% | $150,000 +42.9% |
| 2006 | $2,930 +1.3% | $105,000 |
| 2005 | $2,891 +3.7% | $105,000 |
| 2004 | $2,788 +5.8% | $105,000 |
| 2003 | $2,635 +11.5% | $105,000 +30.6% |
| 2002 | $2,364 | $80,400 |
| 2001 | $2,364 +0.9% | $80,400 |
| 2000 | $2,342 +6% | $80,400 |
| 1999 | $2,211 | $80,400 |
Find assessor info on the county website
Neighborhood: 53172
Nearby schools
GreatSchools rating
- 5/10Rawson Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10South Milwaukee Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10South Milwaukee High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: South Milwaukee
- High: South Milwaukee
- District: South 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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Estimated market value
$275,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$275,400
- Wisconsin
- Milwaukee County
- South Milwaukee
- 53172
- 1427 Madison AVENUE
Nearby cities
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Other South Milwaukee Topics
