Investor's delight in Burnham Park! This stout brick building could be cash flow central with its two spacious three-bedroom units and two efficiency units. Each three-bedroom unit offers a dining room with charming built-ins, living room, and kitchen with pantry. The upper efficiency unit has a skylight for natural light and a nice tiled tub surround. The lower efficiency is a huge open space and boasts tall ceilings and central air to keep things cool. Separate heat, electric, and gas utilities for each unit, as well as individual laundry hook ups. Vacant units can use some cosmetic enhancements to increase value and rent, but consider the income generated by a building with this set up. Off-street parking for two cars. This is a great opportunity to score a solid building & investment.
Closed
$268,000
3534 West Mitchell STREET, Milwaukee, WI 53215
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1929
-- sqft lot
$344,600 Zestimate®
$--/sqft
$1,791 Estimated rent
Home value
$344,600
$320,000 - $369,000
$1,791/mo
Zestimate® history
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Huge open spaceGas utilitiesSeparate heatCentral air
Zillow last checked:
Listing updated:
Listed by:
John Newland 414-852-0921,
TerraNova Real Estate
Bought with:
Aaron Gerakosov
Source: WIREX MLS,MLS#: 1850042
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Electric, Natural Gas, Central Air, Forced Air, Hot Water/Steam
Cooling
- Central Air
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Full,Concrete
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 3,920 Square Feet
- Dimensions: 40 x 100 TBV
Details
- Parcel number: 4579884000
- Zoning: RT4
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $294,000
- Annual tax amount: $5,020
- Date on market: 9/12/2023
- Inclusions: 4 Oven/Ranges (Three In Unit, One In Basement), 3 Refrigerators, 1 Washer, And 1 Dryer.
- Exclusions: Seller And Tenant Personal Property.
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $268,000-10.6% |
Source:  WIREX MLS #1850042 Report a problem | ||
| 9/15/2023 | Contingent | $299,900 |
Source: WIREX MLS #1850042 Report a problem | ||
| 9/12/2023 | Listed for sale | $299,900+147.9% |
Source: WIREX MLS #1850042 Report a problem | ||
| 10/16/2013 | Sold | $121,000+34.4% |
Source: Public Record Report a problem | ||
| 8/30/2002 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,115 +1.6% | $294,000 +12% |
| 2024 | $6,021 +19.1% | $262,600 +22.8% |
| 2023 | $5,054 -0.8% | $213,900 |
| 2022 | $5,093 -3% | $213,900 +13.4% |
| 2021 | $5,252 | $188,700 |
| 2020 | $5,252 | $188,700 |
| 2019 | $5,252 +24.5% | $188,700 +24.6% |
| 2018 | $4,219 +34.7% | $151,500 +35.1% |
| 2017 | $3,132 +2.6% | $112,100 +0.6% |
| 2016 | $3,053 -4.2% | $111,400 -1.9% |
| 2015 | $3,188 | $113,600 -6% |
| 2014 | $3,188 | $120,900 |
| 2012 | -- | $120,900 -15% |
| 2011 | -- | $142,300 |
| 2010 | $3,772 -4.9% | $142,300 -7% |
| 2009 | $3,967 | $153,000 -6% |
| 2008 | -- | $162,700 |
| 2007 | -- | $162,700 |
| 2006 | -- | $162,700 |
| 2005 | -- | $162,700 +15% |
| 2004 | -- | $141,500 +29.7% |
| 2003 | -- | $109,100 +11.4% |
| 2002 | -- | $97,900 +21.8% |
| 2001 | $2,426 +5.4% | $80,400 |
| 2000 | $2,302 +6.6% | $80,400 +8.4% |
| 1999 | $2,160 | $74,200 |
Find assessor info on the county website
Neighborhood: Burnham Park
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Nearby schools
GreatSchools rating
- 5/10Greenfield Bilingual SchoolGrades: PK-8Distance: 0 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 1.4 mi
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 1.8 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
- 53215
- Burnham Park
- 3534 West Mitchell STREET
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