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  • $1,532,700

    245 East Summit AVENUE, Wales, WI 53183

    --beds
    --baths
    --sqft
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $1,418,800 Zestimate®
    $--/sqft
    $1,468 Estimated rent

    Home value

    $1,418,800

    $1.04M - $1.87M

    $1,468/mo

    Zestimate® history
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    What's special

    Stately 8-unit fully occupied apartment building offered to add to your investment portfolio or to start something new you have only dreamed of! All units offer 2 bds/1 bath, storage lockers and ample parking. 7 of 8 units fully renovated with LVP floors, SS appliances, granite countertops and in-unit laundry. Common areas updated and units are separately metered for heat. Upper units have balconies. Surface parking for 18 vehicles. Take Seller's draft plans to construct 14 townhomes on the property (then, totaling 22 units), create your own development project or enjoy an existing cash flowing property! So many options! Contact Village for further details on the development & approval process for Seller's draft plans or your own. Broker has not verified building/property dimensions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Krisstina Ebner 414-250-0700,

    Port & Bay Real Estate Co. LLC

    Bought with:

    The Roth Team*

    Source: WIREX MLS,MLS#: 1874982MLS LogoOriginating MLS: Metro MLS

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • Wall/Sleeve Air
    Appliances
    • Included: Dryer, Washer, Seller Owned: Water Heater, Water Softener
    Features
    • Basement: Block,Full,Laundry Facilities
    • Has fireplace: No

    Property

    Parking
    • Parking features: Outdoor Space, Inside Parking, Outside
    Lot
    • Size: 2.6 Acres
    Details
    • Parcel number: WLSV1453999013
    • Zoning: R4
    • Special conditions: Arms Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick/Stone, Brick
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & HOA

    Location
    • Region: Wales
    • Municipality: Wales

    Financial & listing details

    • Tax assessed value: $1,191,700
    • Annual tax amount: $12,664
    • Date on market: 5/12/2024
    • Inclusions: 8 Stoves, 8 Refrigerators, 8 Wall-Sleeve A/C Units, Water Softener, 1 Common Area Washer And Dryer, 7 In-Unit Washers And Dryers.
    • Exclusions: Tenants' And Seller's Personal Property.

    Price history

    DateEventPrice
    10/5/2026Listing removed$1,450
    Source: Zillow Rentals Report a problem
    9/14/2026Listed for rent$1,450-3.3%
    Source: Zillow Rentals Report a problem
    9/3/2026Listing removed$1,500
    Source: Zillow Rentals Report a problem
    7/25/2026Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    7/8/2026Listing removed$1,500
    Source: Zillow Rentals Report a problem
    5/28/2026Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    7/14/2025Listing removed$1,500
    Source: Zillow Rentals Report a problem
    6/2/2025Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    4/15/2025Listing removed$1,500
    Source: Zillow Rentals Report a problem
    3/28/2025Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    3/12/2025Listing removed$1,500
    Source: Zillow Rentals Report a problem
    2/11/2025Price change$1,500-6.3%
    Source: Zillow Rentals Report a problem
    1/29/2025Price change$1,600+14.3%
    Source: Zillow Rentals Report a problem
    1/7/2025Listed for rent$1,400
    Source: Zillow Rentals Report a problem
    11/23/2024Listing removed$1,400
    Source: Zillow Rentals Report a problem
    11/3/2024Listed for rent$1,400-6.7%
    Source: Zillow Rentals Report a problem
    9/24/2024Listing removed$1,500
    Source: Zillow Rentals Report a problem
    8/19/2024Listed for rent$1,500+0.3%
    Source: Zillow Rentals Report a problem
    6/20/2024Sold$1,532,700+13.5%
    Source: WIREX MLS #1874982 Report a problem
    5/18/2024Contingent$1,350,000
    Source: WIREX MLS #1874982 Report a problem
    5/12/2024Listed for sale$1,350,000+37.8%
    Source: WIREX MLS #1874982 Report a problem
    8/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/4/2023Listed for rent$1,495
    Source: Zillow Rentals Report a problem
    8/17/2021Sold$980,000-14.8%
    Source: Public Record Report a problem
    5/16/2021Listed for sale$1,150,000+109.1%
    Source: WIREX MLS #1715809 Report a problem
    4/30/2003Sold$550,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,829 -4.8%$1,142,600 +6.9%
    2023$12,427 -1.9%$1,069,100
    2022$12,664 -7.8%$1,069,100
    2021$13,742 +31.4%$1,069,100 +61%
    2020$10,456 +2.5%$664,100
    2019$10,203 -13.6%$664,100
    2018$11,802 +4.3%$664,100
    2017$11,314 +13.5%$664,100
    2015$9,970 -8.6%$664,100
    2014$10,909 $664,100
    2013$10,909 $664,100
    2012-- $664,100
    Find assessor info on the county website

    Neighborhood: 53183

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Kettle Moraine
    • District: Kettle Moraine

    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
    $1,418,800
    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
    $1,418,800