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Pending
  • Price cut: $20K (6/25)
    $329,999

    507 N 31st STREET #509, Milwaukee, WI 53208

    9beds
    1,100sqft
    : 
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    Multi Family, Duplex
    Built in 1908
    -- sqft lot
    $328,400 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    New furnacesNew foundationTall ceilingsTons of charmNew kitchensStainless steel appliancesNew central air units
    Welcome to your brand new dream home, or next turnkey investment money maker! This 3/6 fully renovated vacant duplex with over 12 cap rate is what you've been waiting for! This property is massive in size, will command over $4,000 monthly in gross rent, & is a CASH COW! Also features two units with an extra in-laws suite in attic, that could also be rented, has tons of charm.You will fall in love with the tall ceilings, stainless steel appliances, new kitchens, bathrooms, new furnaces, new central air units, new foundation & exterior just to name a few (see attached seller updates document).Plenty of parking in the back as well as on the street. Located just blocks away from Marquette University High School, & minutes away from both Miller Park & Downtown Milwaukee.
    41 days
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    322
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Leigh Jackson 323-919-6417,

    First Weber Inc - Brookfield

    Source: WIREX MLS,MLS#: 1965186MLS LogoOriginating MLS: Metro MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Basement: Brick,Full,Concrete
      • Has fireplace: No
      Interior area
      • Total structure area: 1,100
      • Total interior livable area: 1,100 sqft

      Property

      Parking
      • Parking features: Attached
      • Has attached garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,920 Square Feet
      Details
      • Parcel number: 4012038000
      • Zoning: RT4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Brick/Stone, Brick, Vinyl Siding
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: 2 Gas Meters

      Community & HOA

      Location
      • Region: Milwaukee
      • Municipality: Milwaukee

      Financial & listing details

      • Price per square foot: $300/sqft
      • Annual tax amount: $3,162
      • Date on market: 6/4/2026
      • Inclusions: Stoves, Refrigerators, Microwaves

        Estimated market value

        $328,400

        $312,000 - $345,000

        $1,229/mo

        Price history

        DateEventPrice
        7/2/2026Pending sale$329,999$300/sqft
        Source: WIREX MLS #1965186 Report a problem
        6/25/2026Price change$329,999-5.7%$300/sqft
        Source: WIREX MLS #1965186 Report a problem
        6/8/2026Price change$349,999-2.2%$318/sqft
        Source: WIREX MLS #1965186 Report a problem
        6/4/2026Listed for sale$358,000+2.3%$325/sqft
        Source: WIREX MLS #1965186 Report a problem
        2/24/2026Listing removed$349,999$318/sqft
        Source: WIREX MLS #1950481 Report a problem
        2/17/2026Listed for sale$349,999$318/sqft
        Source: WIREX MLS #1950481 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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: Merrill Park

        Getting around

        74 / 100
        Very Walkable
        55 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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