Investor Alert! Great opportunity for cash flow with this fully occupied 3 unit rental. Monthly income is $2450. Large bright upper unit with heated sun room, Updated 3rd floor studio loft with skylights. Come see this great opportunity! (24hr notice needed)
Closed
$218,000
2405 South 5th STREET, Milwaukee, WI 53207
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1900
-- sqft lot
$267,500 Zestimate®
$--/sqft
$1,533 Estimated rent
Home value
$267,500
$241,000 - $297,000
$1,533/mo
Zestimate® history
Owner options
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$1,533/mo
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$1,547/mo
Est. payment
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$1,547/mo
Est. payment
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Heated sun room
Zillow last checked:
Listing updated:
Listed by:
Carole Wehner 414-704-7103,
Milwaukee Executive Realty, LLC
Bought with:
Donald J Schermer
Source: WIREX MLS,MLS#: 1920954
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air, Hot Water/Steam
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Partial
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 2,613 Square Feet
Details
- Parcel number: 498056000
- Zoning: LB2
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Aluminum Siding, Brick/Stone, Brick, Partial-Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $226,500
- Annual tax amount: $4,457
- Date on market: 6/5/2025
- Inclusions: 3 Stoves, 3 Refridgerators
- Exclusions: Tenant And Sellers Personal Property
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $218,000-3.1% |
Source:  WIREX MLS #1920954 Report a problem | ||
| 6/20/2025 | Pending sale | $225,000 |
Source: WIREX MLS #1920954 Report a problem | ||
| 6/5/2025 | Listed for sale | $225,000+204.1% |
Source: WIREX MLS #1920954 Report a problem | ||
| 6/4/2017 | Listing removed | $495 |
Source: Zillow Rental Network Report a problem | ||
| 4/26/2017 | Price change | $495-23.8% |
Source: Zillow Rental Network Report a problem | ||
| 3/31/2017 | Listed for rent | $650 |
Source: Zillow Rental Network Report a problem | ||
| 3/20/2017 | Sold | $74,000-12.9% |
Source: Agent Provided Report a problem | ||
| 4/9/2015 | Listing removed | $85,000 |
Source: Milwaukee Executive Realty, LLC #1412590 Report a problem | ||
| 4/2/2015 | Listed for sale | $85,000+70% |
Source: Milwaukee Executive Realty, LLC #1412590 Report a problem | ||
| 6/10/2003 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,711 +5.7% | $226,500 +16.5% |
| 2024 | $4,458 +20.3% | $194,400 +24% |
| 2023 | $3,705 -0.8% | $156,800 |
| 2022 | $3,733 +48.4% | $156,800 +73.5% |
| 2021 | $2,516 | $90,400 |
| 2020 | $2,516 | $90,400 |
| 2019 | $2,516 -5.7% | $90,400 -5.6% |
| 2018 | $2,668 +33.8% | $95,800 +24.3% |
| 2017 | $1,994 -4.9% | $77,100 -6.5% |
| 2016 | $2,097 -13.3% | $82,500 |
| 2015 | $2,418 | $82,500 +2.4% |
| 2014 | $2,418 | $80,600 |
| 2012 | -- | $80,600 -14.7% |
| 2011 | -- | $94,500 |
| 2010 | $2,592 -4.6% | $94,500 -9.9% |
| 2009 | $2,718 | $104,900 -13.3% |
| 2008 | -- | $121,000 +14.9% |
| 2007 | -- | $105,300 |
| 2006 | -- | $105,300 |
| 2005 | -- | $105,300 +49.6% |
| 2004 | -- | $70,400 |
Find assessor info on the county website
Neighborhood: Lincoln Village
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Nearby schools
GreatSchools rating
- 3/10Riley ElementaryGrades: PK-6Distance: 0.1 mi
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.5 mi
- 2/10Bay View Middle and High SchoolGrades: 9-12Distance: 1 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
$267,500
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
$267,500
- Wisconsin
- Milwaukee County
- Milwaukee
- 53207
- Lincoln Village
- 2405 South 5th STREET
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