Add to your portfolio with this cash-flowing 4-family investment property on Milwaukee's South Side! Professionally managed and offering a versatile unit mix, the property features one studio, two 1-bedroom units, and one 2-bedroom unit. Two units are currently rent-ready, offering an opportunity to place tenants and increase income right away. If you're looking to grow your rental portfolio this 4-family offers great potential. Don't miss this investment opportunity!
Contingent
$219,900
2421 S 5th PLACE, Milwaukee, WI 53207
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1895
-- sqft lot
$216,000 Zestimate®
$--/sqft
$-- HOA
What's special
One studioVersatile unit mix
- 43 days
- 88
- 12
Zillow last checked:
Listing updated:
Listed by:
Melissa Buttrum 262-227-7064,
HomeWire Realty
Source: WIREX MLS,MLS#: 1979407
Originating MLS: Metro MLS
Facts & features
Interior
Heating
- Natural Gas
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 4980552000
- Zoning: RT4 Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $167,500
- Annual tax amount: $3,398
- Date on market: 9/6/2026
- Exclusions: Appliances, Tenant's Personal Property
Estimated market value
$216,000
$205,000 - $227,000
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Contingent | $219,900 |
Source: | ||
| 9/6/2026 | Listed for sale | $219,900+193.2% |
Source: | ||
| 12/10/2018 | Sold | $75,000+36.6% |
Source: Public Record Report a problem | ||
| 6/4/2015 | Listing removed | $54,900 |
Source: Coldwell Banker Homesale Realty #1377791 Report a problem | ||
| 4/6/2015 | Price change | $54,900-15.4% |
Source: Coldwell Banker Homesale Realty #1377791 Report a problem | ||
| 1/20/2015 | Price change | $64,900-7.2% |
Source: HomeSale Realty, Inc. doing business as Coldwell Banker HomeSale Realty #1377791 Report a problem | ||
| 9/28/2014 | Price change | $69,900-4.1% |
Source: Coldwell Banker Homesale Realty #1377791 Report a problem | ||
| 8/20/2014 | Price change | $72,900-2.8% |
Source: Coldwell Banker Homesale Realty #1377791 Report a problem | ||
| 7/22/2014 | Listed for sale | $75,000+50% |
Source: HomeSale Realty, Inc. doing business as Coldwell Banker HomeSale Realty #1377791 Report a problem | ||
| 1/7/1998 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,484 +22.9% | $167,500 +35.5% |
| 2024 | $2,834 +4.8% | $123,600 +8% |
| 2023 | $2,703 -0.8% | $114,400 |
| 2022 | $2,724 +3.8% | $114,400 +21.3% |
| 2021 | $2,624 | $94,300 |
| 2020 | $2,624 | $94,300 |
| 2019 | $2,624 +8.6% | $94,300 +8.6% |
| 2018 | $2,417 +46.3% | $86,800 +43.9% |
| 2017 | $1,652 +0.9% | $60,300 +0.8% |
| 2016 | $1,638 -4% | $59,800 |
| 2015 | $1,707 | $59,800 |
| 2014 | $1,707 | $59,800 -9.9% |
| 2012 | -- | $66,400 -25.1% |
| 2011 | -- | $88,600 |
| 2010 | $2,345 -5.9% | $88,600 -7.9% |
| 2009 | $2,492 | $96,200 |
| 2008 | -- | $96,200 |
| 2007 | -- | $96,200 |
| 2006 | -- | $96,200 |
| 2005 | -- | $96,200 +37.8% |
| 2004 | -- | $69,800 +40.2% |
| 2003 | -- | $49,800 +20.6% |
| 2002 | -- | $41,300 +14.7% |
| 2001 | $1,114 +5.3% | $36,000 |
| 2000 | $1,058 +2.8% | $36,000 |
| 1999 | $1,030 | $36,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lincoln Village
Nearby schools
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.






