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Price cut: $10K (6/12)

$389,900

5412 W Mill ROAD, Milwaukee, WI 53218

--beds

--baths

--sqft

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Multi Family, Apartment

Built in 1960

-- sqft lot

$388,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Large clean basementPlenty of parkingSump pumpWell-maintained brick multi-family buildingClean common areasAmple storage space

Well-maintained brick multi-family building offering a strong investment opportunity with 4 total units, each featuring 2 bedrooms. Property has plenty of parking, clean common areas, and long-term tenants providing steady income. All tenants are currently on month-to-month leases, offering flexibility for the next owner. New Roof 4/2026. Water heaters and furnaces are all in good condition, with most approximately 5 years old. Large, clean basement includes a sump pump and ample storage space. Seller is also selling the multi-family building next door MLS 1963676 and may consider a package deal.

25 days

396

29

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Facts & features

Interior

Heating

Natural Gas

Features

Basement: Full
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 9,583 Square Feet

Details

Parcel number: 1399740210
Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick

Condition

21+ Years
New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Tax assessed value: $234,000
Annual tax amount: $5,993
Date on market: 5/22/2026
Inclusions: None
Exclusions: Seller And Tenant's Personal Property.

Estimated market value

$388,500

$369,000 - $408,000

$1,387/mo

Price history

Date	Event	Price
6/12/2026	Price change	$389,900-2.5%
Source: WIREX MLS #1963675 Report a problem
5/22/2026	Listed for sale	$399,900+358.4%
Source: WIREX MLS #1963675 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
5/15/2018	Listing removed	$600
Source: Owner Report a problem
5/10/2018	Listed for rent	$600
Source: Owner Report a problem
3/12/2012	Sold	$87,244-38.1%
Source: Public Record Report a problem
5/6/2008	Sold	$141,000-41%
Source: Public Record Report a problem
3/1/2006	Sold	$239,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,366 +12%	$234,000 +15.4%
2023	$4,792 -0.8%	$202,800
2022	$4,829 +33.9%	$202,800 +56.5%
2021	$3,607	$129,600
2020	$3,607	$129,600
2019	$3,607 -0.1%	$129,600
2018	$3,609 +7.3%	$129,600 -0.3%
2017	$3,363 -5%	$130,000 -5.5%
2016	$3,541 -10.1%	$137,600 +10%
2015	$3,940	$125,100
2014	$3,940	$125,100 -12.7%
2012	--	$143,300 -10%
2011	--	$159,200
2010	$6,310 -10.3%	$159,200 -8%
2009	$7,036	$173,000 -4%
2008	--	$180,300
2007	--	$180,300
2006	--	$180,300
2005	--	$180,300 -49.7%
2004	--	$358,600

Find assessor info on the county website

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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.

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