Two houses on one lot offer a fantastic investment opportunity. The front house features 2 bedrooms and 1 full bath, with a complete interior rehab completed in January 2022. Recent upgrades include a brand-new roof and furnace installed in October 2024. The front house is currently occupied. The rear house is a cozy 1-bedroom, 1-bath home, tenant-occupied with a rental income of $800 per month with lease ending 2/28/26. This unique property provides flexibility, whether you're looking for an income-generating investment or additional living space. Don't miss out on this versatile opportunity!
Closed
$152,000
1518 South 15th PLACE, Milwaukee, WI 53204
3beds
1,550sqft
Multi Family
Built in 1903
-- sqft lot
$163,300 Zestimate®
$98/sqft
$1,463 Estimated rent
Home value
$163,300
$147,000 - $181,000
$1,463/mo
Zestimate® history
Owner options
List your home for rent
$1,463/mo
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$1,463/mo
Rent Zestimate®
Refinance and save
$1,066/mo
Est. payment
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$1,066/mo
Est. payment
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List your homeWhat's special
Complete interior rehabBrand-new roof
Zillow last checked:
Listing updated:
Listed by:
Holly Speranza 414-517-3387,
Keller Williams-MNS Wauwatosa
Bought with:
Miguel E Perea De La Cruz
Source: WIREX MLS,MLS#: 1906558
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 4601158100
- Zoning: RT4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1903
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: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $152,000-4.9%$98/sqft |
Source:  WIREX MLS #1906558 Report a problem | ||
| 3/6/2025 | Pending sale | $159,900$103/sqft |
Source: WIREX MLS #1906558 Report a problem | ||
| 3/3/2025 | Listed for sale | $159,900$103/sqft |
Source: WIREX MLS #1906558 Report a problem | ||
| 2/25/2025 | Contingent | $159,900$103/sqft |
Source: WIREX MLS #1906558 Report a problem | ||
| 2/10/2025 | Listed for sale | $159,900+110.4%$103/sqft |
Source: WIREX MLS #1906558 Report a problem | ||
| 3/24/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/17/2022 | Price change | $995-2.9%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/4/2022 | Listed for rent | $1,025$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/15/2021 | Sold | $76,000+8.6%$49/sqft |
Source: Public Record Report a problem | ||
| 4/23/2021 | Listed for sale | $70,000+218.2%$45/sqft |
Source:  Metro MLS #1735362 Report a problem | ||
| 5/10/1996 | Sold | $22,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,596 +29.9% | $69,600 +33.8% |
| 2023 | $1,229 -0.8% | $52,000 |
| 2022 | $1,238 +21.9% | $52,000 +42.5% |
| 2021 | $1,016 | $36,500 |
| 2020 | $1,016 | $36,500 |
| 2019 | $1,016 +9.9% | $36,500 +9.9% |
| 2018 | $925 +13.8% | $33,200 +0.6% |
| 2017 | $813 -1.7% | $33,000 +0.9% |
| 2016 | $827 | $32,700 +5.1% |
| 2015 | -- | $31,100 -23.6% |
| 2014 | -- | $40,700 -9.8% |
| 2012 | -- | $45,100 -18.1% |
| 2011 | -- | $55,100 |
| 2010 | $1,748 -7.8% | $55,100 -10% |
| 2009 | $1,895 | $61,200 -16% |
| 2008 | -- | $72,900 +15.2% |
| 2007 | -- | $63,300 |
| 2006 | -- | $63,300 |
| 2005 | -- | $63,300 +36.1% |
| 2004 | -- | $46,500 +34% |
| 2003 | -- | $34,700 +11.2% |
| 2002 | -- | $31,200 +5.4% |
| 2001 | $875 +5.5% | $29,600 |
| 2000 | $829 +9.6% | $29,600 +8.4% |
| 1999 | $757 | $27,300 |
Find assessor info on the county website
Neighborhood: Historic Mitchell Street
Nearby schools
GreatSchools rating
- 2/10Forest Home Avenue SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.7 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 0.2 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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Estimated market value
$163,300
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
$163,300
- Wisconsin
- Milwaukee County
- Milwaukee
- 53204
- Historic Mitchell Street
- 1518 South 15th PLACE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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