Welcome to this cash producing duplex in the Lincoln Village neighborhood, offering an opportunity with a current rental income of $1,950 per month. Recent improvements include new roof in 2023, ensuring durability for years to come. Lower unit includes 2 bed/1 bath and upper unit includes 3 bed/1 bath. this property cash flows effectively, making it an option for investors looking to enhance value through a bit of renovation. Located in the Lincoln Village offers convenience of public transportation services. Don't miss your chance to own a duplex with strong rental potential.
Closed
$190,000
2487 South 12th STREET, Milwaukee, WI 53215
5beds
--sqft
Multi Family, Duplex
Built in 1902
-- sqft lot
$227,000 Zestimate®
$--/sqft
$1,376 Estimated rent
Home value
$227,000
$209,000 - $245,000
$1,376/mo
Zestimate® history
Owner options
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$1,376/mo
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$1,376/mo
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$1,349/mo
Est. payment
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$1,349/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rodolfo Garcia-Garcia,
reThought Real Estate
Bought with:
All-In Real Estate Group*
Source: WIREX MLS,MLS#: 1889429
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Total spaces: 4
- Parking features: No Garage, 4 Car, 1 Space
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 4970115000
- Zoning: RT4
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1902
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $175,600
- Annual tax amount: $2,310
- Date on market: 8/27/2024
- Inclusions: None
- Exclusions: Sellers And Tenants Personal Property
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $190,000-2.6% |
Source:  WIREX MLS #1889429 Report a problem | ||
| 10/4/2024 | Pending sale | $195,000 |
Source: WIREX MLS #1889429 Report a problem | ||
| 10/4/2024 | Contingent | $195,000 |
Source: WIREX MLS #1889429 Report a problem | ||
| 8/27/2024 | Listed for sale | $195,000+72.6% |
Source: WIREX MLS #1889429 Report a problem | ||
| 10/1/2021 | Sold | $113,000-1.7% |
Source: Public Record Report a problem | ||
| 8/26/2021 | Pending sale | $115,000 |
Source:  NextHome #1757070 Report a problem | ||
| 8/25/2021 | Listed for sale | $115,000 |
Source: NextHome #1757070 Report a problem | ||
| 8/25/2021 | Pending sale | $115,000 |
Source: WIREX MLS #1757070 Report a problem | ||
| 8/9/2021 | Listed for sale | $115,000+687.7% |
Source: WIREX MLS #1757070 Report a problem | ||
| 5/15/2014 | Sold | $14,600+1459900% |
Source: Public Record Report a problem | ||
| 2/26/2014 | Listed for sale | $1-100% |
Source: Auction.com Report a problem | ||
| 12/20/2013 | Sold | $84,192+42.7% |
Source: Public Record Report a problem | ||
| 9/23/2013 | Listed for sale | $59,000-36.4% |
Source: One World Realty Report a problem | ||
| 3/23/2006 | Sold | $92,700+81.8% |
Source: Public Record Report a problem | ||
| 12/6/2001 | Sold | $51,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,652 +39.1% | $175,600 +53.4% |
| 2024 | $2,625 +10.2% | $114,500 +13.6% |
| 2023 | $2,382 -0.8% | $100,800 |
| 2022 | $2,400 +16.2% | $100,800 +35.8% |
| 2021 | $2,065 | $74,200 |
| 2020 | $2,065 | $74,200 |
| 2019 | $2,065 -3.8% | $74,200 -3.8% |
| 2018 | $2,147 +22.6% | $77,100 +12.2% |
| 2017 | $1,751 -2.8% | $68,700 -7.3% |
| 2016 | $1,802 -12.2% | $74,100 |
| 2015 | $2,051 | $74,100 +2.5% |
| 2014 | $2,051 | $72,300 |
| 2012 | -- | $72,300 -15% |
| 2011 | -- | $85,100 |
| 2010 | $2,287 -8.1% | $85,100 -9.9% |
| 2009 | $2,490 | $94,500 -13.5% |
| 2008 | -- | $109,200 +14.9% |
| 2007 | -- | $95,000 |
| 2006 | -- | $95,000 |
| 2005 | -- | $95,000 +14% |
| 2004 | -- | $83,300 +32.6% |
| 2003 | -- | $62,800 +21.7% |
| 2002 | -- | $51,600 +12.9% |
| 2001 | $1,277 +5.3% | $45,700 |
| 2000 | $1,212 -16.2% | $45,700 +13.1% |
| 1999 | $1,447 | $40,400 |
Find assessor info on the county website
Neighborhood: Lincoln Village
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Nearby schools
GreatSchools rating
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.6 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 1 mi
- 3/10Riley ElementaryGrades: PK-6Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Hayes Bilingual
- High: South Division
- 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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- Wisconsin
- Milwaukee County
- Milwaukee
- 53215
- Lincoln Village
- 2487 South 12th STREET
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