Rare offering! Brick four unit apartment building in West Milwaukee is a great opportunity to grow or start an investment property portfolio. Consisting of low impact one-bedroom units, some apartments have updated flooring, bathroom vanites, and tiled tub surrounds. Some TLC is needed, but the building is stout and the mechanicals are solid. A two car garage is used for storage, with spaces for two cars in front. Separate heat, gas, and electric for ease of ownership, and coin-operated laundry available and included for addtional potential income. Convenient location near public transit and with good access to the interstate, downtown, and other area attractions. Come see why this could be your next great investment!
Closed
$360,000
5501 West Greenfield AVENUE, West Milwaukee, WI 53214
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1950
-- sqft lot
$381,700 Zestimate®
$--/sqft
$1,116 Estimated rent
Home value
$381,700
$347,000 - $416,000
$1,116/mo
Zestimate® history
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$2,463/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
John Newland 414-852-0921,
TerraNova Real Estate
Bought with:
Robert M Merkt
Source: WIREX MLS,MLS#: 1874344
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 4,791 sqft
- Dimensions: 40 x 118 TBV
Details
- Parcel number: 4551002000
- Zoning: RM-1
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum Trim, Brick/Stone, Brick, Other
Condition
- 21+ Years
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milwaukee
- Municipality: West Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Sold | $360,000+12.5% |
Source: Public Record Report a problem | ||
| 7/11/2024 | Sold | $320,000-5.9% |
Source:  WIREX MLS #1874344 Report a problem | ||
| 6/2/2024 | Contingent | $339,900 |
Source: WIREX MLS #1874344 Report a problem | ||
| 5/8/2024 | Listed for sale | $339,900+119.3% |
Source: WIREX MLS #1874344 Report a problem | ||
| 11/12/2020 | Sold | $155,000+6.9% |
Source: Public Record Report a problem | ||
| 2/4/2002 | Sold | $145,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,297 +7.5% | $301,000 +47.8% |
| 2023 | $5,858 +1.7% | $203,700 |
| 2022 | $5,757 -10.2% | $203,700 |
| 2021 | $6,411 | $203,700 |
| 2020 | $6,411 -3.5% | $203,700 |
| 2019 | $6,641 -1.5% | $203,700 |
| 2018 | $6,740 +3.8% | $203,700 |
| 2017 | $6,497 +1.4% | $203,700 |
| 2016 | $6,406 -1.5% | $203,700 |
| 2015 | $6,507 +17% | $203,700 +1.8% |
| 2014 | $5,563 -6.7% | $200,000 |
| 2012 | $5,960 +4.5% | $200,000 |
| 2011 | $5,701 +0.7% | $200,000 |
| 2010 | $5,663 -2% | $200,000 |
| 2009 | $5,777 +4.2% | $200,000 |
| 2008 | $5,546 -0.8% | $200,000 |
| 2007 | $5,592 +3.8% | $200,000 |
| 2006 | $5,386 +11.3% | $200,000 +37.9% |
| 2005 | $4,838 +3.7% | $145,000 |
| 2004 | $4,667 | $145,000 |
| 2003 | $4,667 +5.7% | $145,000 |
| 2002 | $4,417 | $145,000 |
Find assessor info on the county website
Neighborhood: 53214
Nearby schools
GreatSchools rating
- 7/10Pershing Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10West Milwaukee Intermediate SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Central High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- District: West Allis
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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Estimated market value
$381,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$381,700
- Wisconsin
- Milwaukee County
- West Milwaukee
- 53214
- 5501 West Greenfield AVENUE
Nearby cities
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