Closed

$182,000

2942 North 55th STREET, Milwaukee, WI 53210

4beds

1,694sqft

Multi Family, Duplex

Built in 1925

-- sqft lot

$215,000 Zestimate^®

$107/sqft

$1,287 Estimated rent

Home value

$215,000

$194,000 - $237,000

$1,287/mo

Zestimate^® history

Owner options

List your home for rent

$1,287/mo

Rent Zestimate^®

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$1,287/mo

Rent Zestimate^®

Refinance and save

$1,276/mo

Est. payment

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$1,276/mo

Est. payment

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What's special

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.

Facts & 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 sqft

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 & neighborhood

Location

Region: Milwaukee
Municipality: Milwaukee

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
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