This well-maintained Milwaukee duplex is a prime investment opportunity, offering two updated units, each with 2 bedrooms and 1 bathroom. Both the upper and lower units feature modern kitchens with all appliances included, making them move-in ready. The basement is thoughtfully divided, providing each unit with private access to its own laundry area, complete with a washer and dryer. With current rents at $1,000 and $1,200 per month, this property generates strong rental income. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage with rental income, this duplex offers a fantastic opportunity in a convenient Milwaukee location.
Closed
$182,000
2942 North 55th STREET, Milwaukee, WI 53210
4beds
1,694sqft
Multi Family, Duplex
Built in 1925
-- sqft lot
$209,800 Zestimate®
$107/sqft
$1,386 Estimated rent
Home value
$209,800
$187,000 - $233,000
$1,386/mo
Zestimate® history
Owner options
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$1,386/mo
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$1,386/mo
Rent Zestimate®
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$1,292/mo
Est. payment
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$1,292/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
One Roof Real Estate Group* brookfieldfrontdesk@realtyexecutives.com,
Realty Executives Integrity Brookfield
Bought with:
Bonnie E Bruno
Source: WIREX MLS,MLS#: 1889076
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,694
- Total interior livable area: 1,694 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 3060513000
- Zoning: RT2 Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1925
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
- Price per square foot: $107/sqft
- Tax assessed value: $170,500
- Annual tax amount: $2,375
- Date on market: 8/28/2024
- Inclusions: 2 Ovens/Ranges; 2 Refrigerators; 2 Washers; 2 Dryers
- Exclusions: Seller And Tenants Personal Property
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2024 | Sold | $182,000+4%$107/sqft |
Source:  WIREX MLS #1889076 Report a problem | ||
| 9/5/2024 | Contingent | $175,000$103/sqft |
Source: WIREX MLS #1889076 Report a problem | ||
| 8/28/2024 | Listed for sale | $175,000+45.8%$103/sqft |
Source: WIREX MLS #1889076 Report a problem | ||
| 2/21/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/13/2022 | Listed for rent | $1,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/20/2018 | Sold | $120,000+118.6%$71/sqft |
Source: Public Record Report a problem | ||
| 5/31/2018 | Sold | $54,900-18.7%$32/sqft |
Source: Public Record Report a problem | ||
| 11/21/2017 | Sold | $67,500-38.6%$40/sqft |
Source: Public Record Report a problem | ||
| 2/4/2008 | Sold | $110,000$65/sqft |
Source: Public Record Report a problem | ||
| 3/3/2004 | Sold | $110,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,546 +2.6% | $170,500 +13.1% |
| 2024 | $3,456 +27.4% | $150,700 +31.3% |
| 2023 | $2,713 -0.8% | $114,800 |
| 2022 | $2,733 +16.1% | $114,800 +35.7% |
| 2021 | $2,354 | $84,600 |
| 2020 | $2,354 | $84,600 |
| 2019 | $2,354 +21.8% | $84,600 +21.9% |
| 2018 | $1,933 +10.5% | $69,400 -5.6% |
| 2017 | $1,749 -49.4% | $73,500 +14.1% |
| 2016 | $3,459 | $64,400 |
| 2015 | -- | $64,400 -9.9% |
| 2014 | -- | $71,500 -5% |
| 2012 | -- | $75,300 -24.9% |
| 2011 | -- | $100,300 |
| 2010 | $3,732 | $100,300 |
Find assessor info on the county website
Neighborhood: Saint Joseph
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Nearby schools
GreatSchools rating
- 3/10Sherman ElementaryGrades: PK-8Distance: 0.2 mi
- 4/10Washington High School of Information TechnologyGrades: 9-12Distance: 0.9 mi
- 5/10Milwaukee French Immersion SchoolGrades: PK-5Distance: 0.8 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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- Wisconsin
- Milwaukee County
- Milwaukee
- 53210
- Saint Joseph
- 2942 North 55th STREET
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