Closed

$300,000

514 East Garfield AVENUE, Milwaukee, WI 53212

--beds

--baths

--sqft

Multi Family, Apartment

Built in 1884

-- sqft lot

$344,500 Zestimate^®

$--/sqft

$1,565 Estimated rent

Home value

$344,500

$317,000 - $376,000

$1,565/mo

Zestimate^® history

Owner options

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$1,565/mo

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$1,565/mo

Rent Zestimate^®

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$2,069/mo

Est. payment

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$2,069/mo

Est. payment

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What's special

Vinyl windows throughoutSeparate heat

Attention Investors! Fantastic Lavender Hill/Riverwest investment opportunity! Located adjacent to Brewer Hill and minutes from the Eastside and downtown, this property consists of 3 one-bedroom units and 1 two-bedroom unit, all currently occupied with separate heat, gas, and electric with each unit contributing to the water bill. Yearly rent generates $38,820 generating cash-flow with monthly rents totaling $3235. Off-street parking for 4 cars. Updates include vinyl windows throughout and all appliances. Upper units feature airy loft bedrooms with skylights. Fantastic area for this excellent opportunity

Facts & features

Interior

Heating

Natural Gas, Forced Air

Appliances

Included: Dryer, Washer, Seller Owned: Water Heater

Features

Basement: Brick,Full
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 2,613 Square Feet

Details

Parcel number: 3540028000
Zoning: RT4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Asbestos/Asphalt, Partial-Wood

Condition

21+ Years
New construction: No
Year built: 1884

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Tax assessed value: $280,800
Annual tax amount: $6,038
Date on market: 8/14/2023
Inclusions: Four Refrigerators, Four Oven/Ranges, Coin-Operated Washer And Dryer
Exclusions: Seller Or Tenants Personal Property

Price history

Date	Event	Price
9/29/2023	Sold	$300,000-6%
Source: WIREX MLS #1845847 Report a problem
8/21/2023	Contingent	$319,000
Source: WIREX MLS #1845847 Report a problem
8/14/2023	Listed for sale	$319,000+41.2%
Source: WIREX MLS #1845847 Report a problem
10/22/2002	Sold	$226,000+1406.7%
Source: Public Record Report a problem
6/18/2001	Sold	$15,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,439 +8.1%	$280,800 +11.4%
2023	$5,955 -0.8%	$252,000
2022	$6,000 +6.3%	$252,000 +24.3%
2021	$5,644	$202,800
2020	$5,644	$202,800
2019	$5,644 +13%	$202,800 +13%
2018	$4,996 +7.9%	$179,400 +0.2%
2017	$4,631 -5.1%	$179,000 -10.4%
2016	$4,879 -14.8%	$199,800 +4%
2015	$5,725	$192,100
2014	$5,725	$192,100 -11.8%
2012	--	$217,700
2011	--	$217,700
2010	$5,776 -2.9%	$217,700 -5%
2009	$5,947	$229,200 -6.4%
2008	--	$244,900
2007	--	$244,900
2006	--	$244,900 +10.2%
2005	--	$222,300 +67.8%
2004	--	$132,500 +41.7%
2003	--	$93,500 +369.8%
2002	--	$19,900 +17.8%
2001	$550 +5%	$16,900
2000	$523 -15.4%	$16,900 +0.6%
1999	$619	$16,800