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
- 64 days |
- 83 |
- 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
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Facts & 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
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $179,900+50% |
Source: | ||
| 2/14/2024 | Listing removed | -- |
Source: | ||
| 9/27/2023 | Listed for sale | $119,900-4% |
Source: | ||
| 5/23/2023 | Listing removed | -- |
Source: | ||
| 2/16/2023 | Price change | $124,900+4.2% |
Source: | ||
| 2/3/2023 | Listed for sale | $119,900-7.7% |
Source: | ||
| 3/30/2022 | Listing removed | -- |
Source: | ||
| 3/7/2022 | Price change | $129,900+8.3% |
Source: | ||
| 12/6/2021 | Listed for sale | $119,900+188.9% |
Source: | ||
| 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 | $74,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Milwaukee County
- Milwaukee
- 53209
- Old North Milwaukee
- 5015 N 38th STREET






