Opportunity awaits with this recently updated duplex offering the perfect blend of immediate income and owner-occupant flexibility. The lower unit is currently leased at $1,377/month, providing instant cash flow, while the vacant upper unit is rent-ready--ideal for an owner looking to house hack or an investor seeking to maximize rental income.Both units offer spacious layouts with generous living areas and functional floor plans that appeal to today's tenants. Outside, you'll find a 2-car detached garage.Whether you're looking to offset your mortgage by living in one unit or add a turnkey investment to your portfolio, this property is a fantastic opportunity with strong income potential and minimal work needed.
Active
Price cut: $10K (7/29)
$230,000
5400 N 53rd STREET #5402, Milwaukee, WI 53218
6beds
968sqft
Multi Family, Duplex
Built in 1956
-- sqft lot
$224,700 Zestimate®
$238/sqft
$-- HOA
What's special
Spacious layoutsFunctional floor plans
- 50 days
- 545
- 47
Zillow last checked:
Listing updated:
Listed by:
Horizon Homes Group* 414-441-6925,
Compass RE WI-Northshore
Source: WIREX MLS,MLS#: 1970794
Originating MLS: Metro MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 968
- Total interior livable area: 968 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 1909898000
- Zoning: RS6
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1956
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
- Price per square foot: $238/sqft
- Annual tax amount: $4,857
- Date on market: 7/9/2026
- Inclusions: 2 Ovens / Ranges, 2 Refrigetators
- Exclusions: Tenant's Personal Property
Estimated market value
$224,700
$213,000 - $236,000
$1,625/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $230,000-4.2%$238/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $240,000+13.7%$248/sqft |
Source: | ||
| 8/15/2024 | Sold | $211,000-10.2%$218/sqft |
Source: | ||
| 7/12/2024 | Pending sale | $235,000$243/sqft |
Source: | ||
| 6/26/2024 | Price change | $235,000-4.1%$243/sqft |
Source: | ||
| 6/7/2024 | Listed for sale | $245,000+80.3%$253/sqft |
Source: | ||
| 6/17/2022 | Listing removed | -- |
Source: | ||
| 1/18/2022 | Price change | $135,900-6.3%$140/sqft |
Source: | ||
| 12/27/2021 | Listed for sale | $145,000+2771.3%$150/sqft |
Source: | ||
| 4/19/2016 | Listing removed | $5,050$5/sqft |
Source: Kapital Real Estate #1461149 Report a problem | ||
| 2/20/2016 | Listed for sale | $5,050-57.9%$5/sqft |
Source: Kapital Real Estate #1461149 Report a problem | ||
| 8/18/2015 | Listing removed | $12,000$12/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES METRO REALTY #1437486 Report a problem | ||
| 8/11/2015 | Listed for sale | $12,000$12/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES METRO REALTY #1437486 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.Climate risks
Neighborhood: McGovern Park
Nearby schools
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.




