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Off market
  • $257,100

    1970 S 16th St, Milwaukee, WI 53204

    --beds
    --baths
    3,218sqft
    Multi Family
    Built in 1911
    -- sqft lot
    $257,100 Zestimate®
    $80/sqft
    $1,082 Estimated rent

    Home value

    $257,100

    $224,000 - $293,000

    $1,082/mo

    Zestimate® history
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    Owner options

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    $1,082/mo

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    $1,082/mo

    Rent Zestimate®

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    $1,711/mo

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    $1,711/mo

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    What's special

    Welcome to the vibrant and Historic Mitchell Street community, a neighborhood undergoing exciting development and restoration. Jump on board! Now is the perfect time to invest in this flourishing community. Three of the four 2-bedroom, 1-bathroom units are currently rented below market value, yet they still generate impressive cash flow. The recently remodeled back lower unit showcases the standard layout for all units. All tenants are up to date on rent and are reliable. Additionally, the attic features high ceilings and ample space, offering significant potential for build-out. Most updates needed are cosmetic, offering a fantastic opportunity to add value. Schedule your private showing today to explore the immense potential of this property!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: NextHome,MLS#: 1877684MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 3,218
    • Total interior livable area: 3,218 sqft

    Property

    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 4691727000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1911

    Community & neighborhood

    Location
    • Region: Milwaukee

    Price history

    DateEventPrice
    8/31/2024Listing removed$264,000$82/sqft
    Source: NextHome #1877684 Report a problem
    6/12/2024Listed for sale$264,000$82/sqft
    Source: NextHome #1877684 Report a problem
    6/4/2024Pending sale$264,000$82/sqft
    Source: WIREX MLS #1877684 Report a problem
    5/31/2024Listed for sale$264,000+20%$82/sqft
    Source: WIREX MLS #1877684 Report a problem
    9/10/2022Listing removed--
    Source: WIREX MLS #1796816 Report a problem
    6/9/2022Listed for sale$220,000$68/sqft
    Source: WIREX MLS #1796816 Report a problem
    6/9/2022Listing removed--
    Source: WIREX MLS #1784758 Report a problem
    5/9/2022Contingent$220,000$68/sqft
    Source: WIREX MLS #1784758 Report a problem
    3/28/2022Listed for sale$220,000+18.9%$68/sqft
    Source: WIREX MLS #1784758 Report a problem
    6/11/2021Sold$185,000+58.1%$57/sqft
    Source: Public Record Report a problem
    6/29/2020Sold$117,000-21.9%$36/sqft
    Source: Public Record Report a problem
    5/26/2008Listing removed$149,900$47/sqft
    Source: Homes.com #978669 Report a problem
    4/22/2008Listed for sale$149,900-12.8%$47/sqft
    Source: Homes.com #978669 Report a problem
    3/16/2006Sold$172,000+18.6%$53/sqft
    Source: Public Record Report a problem
    10/7/2005Sold$145,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,813 +16.4%$166,300 +20%
    2023$3,275 +21.3%$138,600 +22.2%
    2022$2,700 +2.7%$113,400 +20%
    2021$2,630 $94,500
    2020$2,630 $94,500
    2019$2,630 +12.8%$94,500 +12.9%
    2018$2,331 +12.1%$83,700 +4.2%
    2017$2,079 -4.8%$80,300 +0.8%
    2016$2,184 $79,700 +1.9%
    2015-- $78,200
    2014-- $78,200 -20%
    2012-- $97,800 -15%
    2011-- $115,000
    2010$3,047 $115,000

    Find assessor info on the county website

    Neighborhood: Historic Mitchell Street

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $257,100
    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
    $257,100