Contingent

$515,000

3141 S 48th STREET, Milwaukee, WI 53219

--beds

--baths

--sqft

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Multi Family, Apartment

Built in 1951

-- sqft lot

$508,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Nestled in the beautiful and highly desirable Jackson Park neighborhood, this brick four-family apartment building represents an exceptional, turnkey addition to any investment portfolio. The low-maintenance exterior offers lasting curb appeal, while the interior features a strong mix of two spacious 2-bedroom, 1-bathroom units and two comfortable 1-bedroom, 1-bathroom units. With all four units currently fully rented, this property provides immediate, reliable cash flow and stable occupancy from day one. Offering a perfect blend of a prime location, solid brick construction, and a strong rental history, this building is a standout opportunity for savvy investors looking to expand their real estate portfolio.

18 days

173

11

Facts & features

Interior

Heating

Natural Gas, Forced Air

Appliances

Included: Dryer, Washer

Features

Basement: Block,Full,Laundry Facilities
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 10,018 Square Feet

Details

Parcel number: 5310422000
Zoning: Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick

Condition

21+ Years
New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Tax assessed value: $334,800
Annual tax amount: $8,560
Date on market: 6/11/2026
Inclusions: 4 Oven;range, 4 Refrigerator, 1washer, 1 Dryer
Exclusions: Seller And Tenants Personal Items

Estimated market value

$508,900

$483,000 - $534,000

$1,450/mo

Price history

Date	Event	Price
6/18/2026	Contingent	$515,000
Source: WIREX MLS #1965993 Report a problem
6/11/2026	Listed for sale	$515,000+77.6%
Source: WIREX MLS #1965993 Report a problem
5/6/2022	Sold	$290,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,677 +17.2%	$334,800 +20.8%
2023	$6,550 -0.8%	$277,200
2022	$6,600 -3.6%	$277,200 +12.6%
2021	$6,849	$246,100
2020	$6,849	$246,100
2019	$6,849 +6.2%	$246,100 +6.3%
2018	$6,450 +12.8%	$231,600 +14.7%
2017	$5,717 +3.8%	$202,000 -0.2%
2016	$5,507 -5%	$202,400 +9.9%
2015	$5,800	$184,100 -7%
2014	$5,800	$197,900 -2.1%
2012	--	$202,200 -9%
2011	--	$222,100
2010	$5,893 -2.9%	$222,100 -5%
2009	$6,067	$233,800 -8%
2008	--	$254,100
2007	--	$254,100
2006	--	$254,100
2005	--	$254,100 +4.1%
2004	--	$244,200 +17.9%
2003	--	$207,200 +11.9%
2002	--	$185,100 +6.7%
2001	$5,178 +5.5%	$173,500
2000	$4,909 -0.4%	$173,500 +8%
1999	$4,931	$160,700

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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