Great 12-unit investment opportunity in Milwaukee's Franklin Heights neighborhood. This property offers steady cash flow with potential for future rent increases. Conveniently located near Rufus King High School and the shops, restaurants, and businesses along Capitol Drive. Tenants enjoy easy access to public transportation and the interstate, making commuting simple. A solid income producing property with strong investment potential.
Active
Price cut: $10K (9/2)
$790,000
2613 W Capitol DRIVE, Milwaukee, WI 53206
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1928
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 22 days
- 162
- 7
Zillow last checked:
Listing updated:
Listed by:
Tamairo Moutry 414-939-5566,
Milwaukee's Best Real Estate Services LLC
Source: WIREX MLS,MLS#: 1976319
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Electric
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 2701209000
- Zoning: LB2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $623,700
- Annual tax amount: $12,794
- Date on market: 8/14/2026
Estimated market value
Not available
Estimated sales range
Not available
$971/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $790,000-1.3% |
Source:  WIREX MLS #1976319 Report a problem | ||
| 8/14/2026 | Price change | $800,000+0.6% |
Source: WIREX MLS #1976319 Report a problem | ||
| 7/12/2026 | Price change | $795,000-0.6% |
Source: WIREX MLS #1964314 Report a problem | ||
| 5/27/2026 | Listed for sale | $800,000+28% |
Source: WIREX MLS #1964314 Report a problem | ||
| 3/5/2026 | Sold | $625,000-9.4% |
Source: WIREX MLS #1944674 Report a problem | ||
| 1/16/2026 | Contingent | $689,900 |
Source: WIREX MLS #1944674 Report a problem | ||
| 1/12/2026 | Price change | $689,900-1.4% |
Source: WIREX MLS #1944674 Report a problem | ||
| 12/5/2025 | Listed for sale | $699,900-10.3% |
Source: WIREX MLS #1944674 Report a problem | ||
| 11/20/2025 | Listing removed | $779,900 |
Source: WIREX MLS #1929278 Report a problem | ||
| 10/16/2025 | Price change | $779,900-8.2% |
Source: WIREX MLS #1929278 Report a problem | ||
| 9/30/2025 | Price change | $849,900-5% |
Source: WIREX MLS #1929278 Report a problem | ||
| 9/15/2025 | Price change | $894,900-0.6% |
Source: WIREX MLS #1929278 Report a problem | ||
| 8/20/2025 | Price change | $899,900-10% |
Source: WIREX MLS #1929278 Report a problem | ||
| 8/1/2025 | Listed for sale | $999,900+57% |
Source: WIREX MLS #1929278 Report a problem | ||
| 4/11/2024 | Sold | $637,000-2% |
Source: WIREX MLS #1871068 Report a problem | ||
| 12/2/2023 | Listing removed | $650,000 |
Source: BHHS broker feed #1844509 Report a problem | ||
| 7/31/2023 | Listed for sale | $650,000-3.7% |
Source: WIREX MLS #1844509 Report a problem | ||
| 7/19/2023 | Listing removed | -- |
Source: BHHS broker feed Report a problem | ||
| 6/13/2023 | Price change | $675,000-3.6% |
Source: WIREX MLS #1830474 Report a problem | ||
| 4/13/2023 | Listed for sale | $699,900+34.6% |
Source: WIREX MLS #1830474 Report a problem | ||
| 4/12/2021 | Sold | $520,000+44.4% |
Source: Public Record Report a problem | ||
| 10/3/2018 | Sold | $360,000-12.2% |
Source: Public Record Report a problem | ||
| 12/27/2006 | Sold | $410,000+244.5% |
Source: Public Record Report a problem | ||
| 11/15/2004 | Sold | $119,000+119.6% |
Source: Public Record Report a problem | ||
| 11/21/2003 | Sold | $54,200-13.8% |
Source: Public Record Report a problem | ||
| 5/1/2002 | Sold | $62,896-21.4% |
Source: Public Record Report a problem | ||
| 5/21/1996 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,973 +3.2% | $623,700 +13.7% |
| 2024 | $12,575 +4.5% | $548,400 +7.7% |
| 2023 | $12,032 -0.8% | $509,200 |
| 2022 | $12,124 +30.6% | $509,200 +52.6% |
| 2021 | $9,284 | $333,600 |
| 2020 | $9,284 | $333,600 |
| 2019 | $9,284 -0.1% | $333,600 |
| 2018 | $9,291 +60.3% | $333,600 +48.9% |
| 2017 | $5,795 -5.1% | $224,000 +2.1% |
| 2016 | $6,108 -2.9% | $219,500 |
| 2015 | $6,291 | $219,500 |
| 2014 | $6,291 | $219,500 |
| 2012 | -- | $219,500 -10% |
| 2011 | -- | $243,800 |
| 2010 | $6,644 -7.6% | $243,800 -12% |
| 2009 | $7,192 | $277,100 -6.3% |
| 2008 | -- | $295,700 |
| 2007 | -- | $295,700 |
| 2006 | -- | $295,700 +19.5% |
| 2005 | -- | $247,500 +72.7% |
| 2004 | -- | $143,300 +47.7% |
| 2003 | -- | $97,000 +11.8% |
| 2002 | -- | $86,800 -15.4% |
| 2001 | $3,146 -39.5% | $102,600 |
| 2000 | $5,204 +115.9% | $102,600 |
| 1999 | $2,410 | $102,600 |
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: Franklin Heights
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.
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