Value-Add 6-Unit Investment Opportunity in Milwaukee!This vacant brick multifamily features 4 one-bedroom and 2 two-bedroom units ready for rehab. Some work has already been started--new windows, doors, roof, gutters, and concrete sidewalks have been installed. Now it's your turn to complete the interior and unlock major upside. Property includes separate gas/electric meters, a full basement with potential for storage or coin laundry, and off-street parking. Located in a high-demand rental area close to public transit, schools, and shopping. Once renovated, this building has strong income potential with market-rate rents. Sold as-is. Perfect opportunity for investors looking to add value and build long-term wealth.
Closed
$360,000
4024 North 61st STREET, Milwaukee, WI 53216
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1957
-- sqft lot
$-- Zestimate®
$--/sqft
$1,477 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,477/mo
Zestimate® history
Owner options
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$1,477/mo
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$1,477/mo
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$2,395/mo
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$2,395/mo
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Zillow last checked:
Listing updated:
Listed by:
Ralph Rudolf 414-207-8141,
Premier Point Realty LLC
Bought with:
Segal Goldman Realty Group*
Source: WIREX MLS,MLS#: 1921391
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.30 Acres
Details
- Parcel number: 2509993000
- Zoning: RM1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Listing removed | $1,349 |
Source: Zillow Rentals Report a problem | ||
| 1/27/2026 | Listed for rent | $1,349+3.8% |
Source: Zillow Rentals Report a problem | ||
| 11/9/2025 | Listing removed | $1,299 |
Source: Zillow Rentals Report a problem | ||
| 10/19/2025 | Listed for rent | $1,299 |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Sold | $360,000+2.9% |
Source:  WIREX MLS #1921391 Report a problem | ||
| 6/9/2025 | Pending sale | $349,900 |
Source: WIREX MLS #1921391 Report a problem | ||
| 6/8/2025 | Listed for sale | $349,900+141.3% |
Source: WIREX MLS #1921391 Report a problem | ||
| 9/16/2024 | Sold | $145,000-43.1% |
Source: Public Record Report a problem | ||
| 5/16/2007 | Sold | $255,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,347 -19.4% | $276,800 -17% |
| 2023 | $7,876 -0.8% | $333,300 |
| 2022 | $7,936 -14.4% | $333,300 |
| 2021 | $9,276 | $333,300 |
| 2020 | $9,276 | $333,300 |
| 2019 | $9,276 +41.5% | $333,300 +41.6% |
| 2018 | $6,556 -15.1% | $235,400 +10.5% |
| 2017 | $7,725 -3.7% | $213,000 +13.6% |
| 2016 | $8,022 | $187,500 |
| 2015 | -- | $187,500 +5% |
| 2014 | -- | $178,600 |
| 2012 | -- | $178,600 -20% |
| 2011 | -- | $223,200 |
| 2010 | $7,194 -24.9% | $223,200 -8% |
| 2009 | $9,574 | $242,600 -12.5% |
| 2008 | -- | $277,400 |
| 2007 | -- | $277,400 |
| 2006 | -- | $277,400 |
| 2005 | -- | $277,400 +10.1% |
| 2004 | -- | $251,900 +36.6% |
| 2003 | -- | $184,400 +7% |
| 2002 | -- | $172,300 +15.9% |
| 2001 | $4,445 +5.5% | $148,700 |
| 2000 | $4,215 +2.9% | $148,700 +7% |
| 1999 | $4,097 | $139,000 |
Find assessor info on the county website
Neighborhood: Capitol Heights
Nearby schools
GreatSchools rating
- 3/10Carson Academy of ScienceGrades: PK-8Distance: 0.6 mi
- 3/10Milwaukee School of LanguagesGrades: 6-12Distance: 1.9 mi
- 6/10Craig Montessori SchoolGrades: PK-8Distance: 1.1 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
- 53216
- Capitol Heights
- 4024 North 61st STREET
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