This 2/2 duplex offers a solid investment opportunity on Milwaukee's north side. Each unit features 2 bedrooms and 1 full bathroom with practical layouts that support consistent rental demand. Both units are currently occupied, with the lower unit rented at $795 per month and the upper at $700 per month, both on month-to-month terms with matching security deposits, providing immediate income and future flexibility. Conveniently located near Lincoln Park, Havenwoods State Forest, and the Oak Leaf Trail, the area also offers easy access to local shops, dining, and public transit along Silver Spring Dr, with quick connections to I-43 for commuting throughout the city. A strong addition to any portfolio with upside potential.
Active
$179,900
5015 N 38th STREET, Milwaukee, WI 53209
4beds
--sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Practical layouts
- 114 days |
- 63 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Holly Speranza 414-517-3387,
Keller Williams-MNS Wauwatosa
Source: WIREX MLS,MLS#: 1959262
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 2080851000
- Zoning: RT3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Other, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $83,600
- Annual tax amount: $3,365
- Date on market: 4/23/2026
- Inclusions: None
- Exclusions: All Seller's And Tenant's Personal Items
Estimated market value
Not available
Estimated sales range
Not available
$1,327/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $179,900+50% |
Source:  WIREX MLS #1959262 Report a problem | ||
| 2/14/2024 | Listing removed | -- |
Source: WIREX MLS #1852037 Report a problem | ||
| 9/27/2023 | Listed for sale | $119,900-4% |
Source: WIREX MLS #1852037 Report a problem | ||
| 5/23/2023 | Listing removed | -- |
Source: WIREX MLS #1823811 Report a problem | ||
| 2/16/2023 | Price change | $124,900+4.2% |
Source: WIREX MLS #1823811 Report a problem | ||
| 2/3/2023 | Listed for sale | $119,900-7.7% |
Source: WIREX MLS #1823811 Report a problem | ||
| 3/30/2022 | Listing removed | -- |
Source: WIREX MLS #1773806 Report a problem | ||
| 3/7/2022 | Price change | $129,900+8.3% |
Source: WIREX MLS #1773806 Report a problem | ||
| 12/6/2021 | Listed for sale | $119,900+188.9% |
Source: WIREX MLS #1773806 Report a problem | ||
| 9/1/1994 | Sold | $41,500 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,917 -1.5% | $83,600 +1.5% |
| 2023 | $1,947 -0.8% | $82,400 |
| 2022 | $1,962 +2.8% | $82,400 +20.1% |
| 2021 | $1,909 | $68,600 |
| 2020 | $1,909 | $68,600 |
| 2019 | $1,909 +51% | $68,600 +51.1% |
| 2018 | $1,264 +5.8% | $45,400 -9.4% |
| 2017 | $1,196 -7.6% | $50,100 -4.4% |
| 2016 | $1,294 | $52,400 |
| 2015 | -- | $52,400 |
| 2014 | -- | $52,400 -10% |
| 2012 | -- | $58,200 -22% |
| 2011 | -- | $74,600 |
| 2010 | $1,908 | $74,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old North Milwaukee
Nearby schools
GreatSchools rating
- 6/10Craig Montessori SchoolGrades: PK-8Distance: 2.6 mi
- 5/10Rufus King International High SchoolGrades: 9-12Distance: 1.8 mi
- 8/10Milwaukee German Immersion SchoolGrades: PK-5Distance: 3.1 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.
- $169,9004 bd1 ba1.3k sqft5017 N 38th St, Milwaukee, WI 53209For Sale
- $--2 bd1 ba1.2k sqft5009 N 38th St #A, Milwaukee, WI 53209Off Market
- $250,0005 bd3 ba1.9k sqft5009 N 38th St #5009A, Milwaukee, WI 53209For Sale
- $109,500-- bd-- ba1.9k sqft5009 N 38th St, Milwaukee, WI 53209Off Market
- $143,4004 bd2 ba2.1k sqft5023 N 38th St, Milwaukee, WI 53209Off Market
- $80,0003 bd2 ba1k sqft5003 N 38th St, Milwaukee, WI 53209Sold
- $112,1004 bd2 ba1.1k sqft5029 N 38th St, Milwaukee, WI 53209Off Market
- $129,3002 bd1 ba775 sqft5016 N 39th St, Milwaukee, WI 53209Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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