Own a piece of Milwaukee's vibrant Riverwest neighborhood, where local coffee shops, breweries, restaurants, parks, and the Beerline Trail are all just moments away. This well-maintained duplex offers the flexibility to owner-occupy while offsetting your mortgage or add a turnkey asset to your investment portfolio. The occupied upper unit already generates $997.50/month in rental income, providing immediate cash flow from day one, while the vacant lower unit can be sold fully furnished, making it ideal for a furnished rental or a move-in-ready owner's unit. Whether you're house hacking or expanding your portfolio, this is your chance to invest in one of Milwaukee's most sought-after rental neighborhoods.
Active
Price cut: $14.5K (7/15)
$255,000
2867 N Fratney STREET, Milwaukee, WI 53212
4beds
--sqft
Multi Family, Duplex
Built in 1905
-- sqft lot
$255,700 Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained duplex
- 16 days |
- 589 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Hannah Martin 502-500-4039,
Premier Point Realty LLC
Source: WIREX MLS,MLS#: 1969942
Originating MLS: Metro MLS
Originating MLS: Metro MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 3140276000
- Zoning: RT4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1905
Utilities & green energy
- Electric: 2 Electric Meters
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $169,200
- Annual tax amount: $3,993
- Date on market: 7/2/2026
- Inclusions: All Furniture In The Lower Unit (Optional), 1 Refrigerator, 1 Oven/Range
- Exclusions: Tenant's Personal Property.
Estimated market value
$255,700
$243,000 - $268,000
$1,818/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $255,000-5.4% |
Source:  WIREX MLS #1969942 Report a problem | ||
| 7/2/2026 | Listed for sale | $269,500-0.1% |
Source: WIREX MLS #1969942 Report a problem | ||
| 6/25/2026 | Listing removed | $269,900 |
Source: WIREX MLS #1963741 Report a problem | ||
| 5/30/2026 | Contingent | $269,900 |
Source: WIREX MLS #1963741 Report a problem | ||
| 5/22/2026 | Listed for sale | $269,900-3.6% |
Source: WIREX MLS #1963741 Report a problem | ||
| 5/18/2026 | Listing removed | $279,900 |
Source: WIREX MLS #1958662 Report a problem | ||
| 4/30/2026 | Listed for sale | $279,900+30.2% |
Source: WIREX MLS #1958662 Report a problem | ||
| 4/28/2026 | Sold | $215,000-28.3% |
Source: Public Record Report a problem | ||
| 4/20/2026 | Listed for sale | $299,900+57.8% |
Source: WIREX MLS #1958662 Report a problem | ||
| 5/3/2023 | Listing removed | -- |
Source: WIREX MLS #1764491 Report a problem | ||
| 12/6/2021 | Sold | $190,000-5% |
Source: WIREX MLS #1764491 Report a problem | ||
| 9/25/2021 | Listed for sale | $200,000 |
Source: WIREX MLS #1764491 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,880 +11.5% | $169,200 +14.9% |
| 2023 | $3,478 -0.8% | $147,200 |
| 2022 | $3,505 +7% | $147,200 +25.1% |
| 2021 | $3,276 | $117,700 |
| 2020 | $3,276 | $117,700 |
| 2019 | $3,276 +14.1% | $117,700 +14.2% |
| 2018 | $2,871 +6.8% | $103,100 +4.6% |
| 2017 | $2,689 +2.7% | $98,600 +2.9% |
| 2016 | $2,618 -2.1% | $95,800 +3.2% |
| 2015 | $2,674 | $92,800 |
| 2014 | $2,674 | $92,800 |
| 2012 | -- | $92,800 -10% |
| 2011 | -- | $103,100 |
| 2010 | $2,666 +2.3% | $103,100 |
| 2009 | $2,606 | $103,100 -7.1% |
| 2008 | -- | $111,000 |
| 2007 | -- | $111,000 |
| 2006 | -- | $111,000 |
| 2005 | -- | $111,000 +14.8% |
| 2004 | -- | $96,700 +45.9% |
| 2003 | -- | $66,300 +12.9% |
| 2002 | -- | $58,700 +34.9% |
| 2001 | $1,564 +28.4% | $43,500 |
| 2000 | $1,218 +12.1% | $43,500 +33.8% |
| 1999 | $1,087 | $32,500 |
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: Riverwest
Nearby schools
GreatSchools rating
- 2/10Pierce Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 1/10Rufus King International Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Riverside University High SchoolGrades: 9-12Distance: 0.6 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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