Active

$399,900

3069 N Sherman BOULEVARD, Milwaukee, WI 53210

--beds

--baths

--sqft

$3,064/mo

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Multi Family, Apartment

Built in 1927

-- sqft lot

$386,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Newer windowsNewer flooringUpdated cabinets

Add a strong income-producing property to your portfolio with this well-maintained Milwaukee investment opportunity. The property currently generates approximately $5,145 per month in rental income, providing solid in-place cash flow from day one.The units have been mostly updated, offering an attractive opportunity for investors. Improvements throughout the property include newer flooring, updated cabinets, and updated kitchen and bathroom fixtures.Also some newer windows. Mechanicals are in good condition and 1 furnace replaced 2025. With over $61,000 in current annual gross rental income, updated units, recent mechanical improvements, and established tenants, this property offers investors an opportunity to acquire a stabilized rental asset with immediate income.

35 days
102
6

Facts & features

Interior

Heating

Natural Gas, Forced Air

Appliances

Included: Seller Owned: Water Heater

Features

Basement: Full
Has fireplace: No

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
Has garage: Yes

Lot

Size: 7,405 Square Feet

Details

Parcel number: 3070602000
Zoning: LB2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick, Vinyl Siding, Wood Siding

Condition

21+ Years
New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Tax assessed value: $330,200
Annual tax amount: $6,782
Date on market: 9/9/2026

Estimated market value

$386,500

$367,000 - $406,000

$1,100/mo

Price history

Date	Event	Price
9/11/2026	Listed for sale	$399,900+9.6%
Source: WIREX MLS #1979807 Report a problem
6/20/2025	Sold	$365,000-3.7%
Source: WIREX MLS #1914346 Report a problem
5/12/2025	Contingent	$379,000
Source: WIREX MLS #1914346 Report a problem
5/6/2025	Price change	$379,000-5%
Source: WIREX MLS #1914346 Report a problem
4/18/2025	Listed for sale	$399,000+19.1%
Source: WIREX MLS #1914346 Report a problem
2/29/2024	Sold	$335,000+134.3%
Source: Public Record Report a problem
7/19/2018	Sold	$143,000+138.3%
Source: Public Record Report a problem
9/3/2015	Sold	$60,000-63.9%
Source: Public Record Report a problem
3/29/2007	Sold	$166,000-33.6%
Source: Public Record Report a problem
2/14/2005	Sold	$250,000+150.8%
Source: Public Record Report a problem
1/21/2002	Sold	$99,700
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,868 +42.5%	$330,200 +57.1%
2024	$4,820 +7.7%	$210,200 +11%
2023	$4,476 -0.8%	$189,400
2022	$4,510 +7%	$189,400 +25%
2021	$4,216	$151,500
2020	$4,216	$151,500
2019	$4,216 +3.5%	$151,500 +3.6%
2018	$4,074 -5.4%	$146,300 -4.4%
2017	$4,308 -38.2%	$153,000 +6.8%
2016	$6,967 +13.9%	$143,300
2015	$6,118	$143,300
2014	$6,118	$143,300 -7.5%
2012	--	$155,000 -15%
2011	--	$182,300
2010	$7,711 +2.4%	$182,300 -8%
2009	$7,531	$198,100
2008	--	$198,100 -4%
2007	--	$206,400
2006	--	$206,400
2005	--	$206,400 +19.9%
2004	--	$172,100 +57.3%
2003	--	$109,400 +5.2%
2002	--	$104,000 +12.9%
2001	$3,540 +24%	$92,100
2000	$2,855 -0.3%	$92,100 +0.1%
1999	$2,864	$92,000