Closed

$287,500

601 North Grand AVENUE, Waukesha, WI 53186

--beds

--baths

--sqft

Multi Family, Apartment

Built in 1910

-- sqft lot

$385,800 Zestimate^®

$--/sqft

$1,606 Estimated rent

Home value

$385,800

$332,000 - $448,000

$1,606/mo

Zestimate^® history

Owner options

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$1,824/mo

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$1,824/mo

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What's special

Commercial spaceTwo bedroom unitsEfficiency unitTwo drivewaysNewer roofRed brick buildingAdditional parking spaces

Fantastic investment opportunity with the mixed use building located in the heart of Waukesha! This charming red brick building has (1) commercial space (currently a Dentist office), (2) two bedroom units and (1) efficiency unit. Property has two driveways, a 2 car garage plus several additional parking spaces! Building has newer roof and boiler. Great location just blocks from Carroll University and right across the street from the library and Cutler Park. Leases are currently as follows: Upper front 2 bedroom rented MTM at $800/month & $800 sec dep. Rear upper 2 bedroom is rented MTM at $700 per month. The commercial space and studio apartment are currently vacant.

Facts & features

Interior

Heating

Natural Gas, Hot Water/Steam

Appliances

Included: Seller Owned: Water Heater

Features

Basement: Full
Has fireplace: No

Property

Parking

Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
Has garage: Yes

Lot

Size: 7,405 Square Feet

Details

Parcel number: 2911308074
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick, Wood Siding

Condition

21+ Years
New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Waukesha
Municipality: Waukesha

Financial & listing details

Tax assessed value: $346,259
Annual tax amount: $4,777
Date on market: 6/18/2024
Inclusions: (3) Stoves (3) Refrigerators
Exclusions: Sellers & Tenants Personal Property

Price history

Date	Event	Price
7/16/2025	Sold	$287,500-17.9%
Source: WIREX MLS #1880065 Report a problem
6/12/2025	Pending sale	$350,000
Source: WIREX MLS #1880065 Report a problem
6/1/2025	Contingent	$350,000
Source: WIREX MLS #1880065 Report a problem
3/25/2025	Price change	$350,000-6.7%
Source: WIREX MLS #1880065 Report a problem
2/3/2025	Price change	$375,000-6.3%
Source: WIREX MLS #1880065 Report a problem
6/18/2024	Listed for sale	$400,000+131.2%
Source: WIREX MLS #1880065 Report a problem
11/2/2016	Sold	$173,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,877 +2.1%	$318,800
2023	$4,777 -13.7%	$318,800 +14.6%
2022	$5,532 -2.9%	$278,200
2021	$5,697 +4.7%	$278,200
2020	$5,443 +2.6%	$278,200
2019	$5,304 -3.3%	$278,200 +7%
2018	$5,484 +0.8%	$260,000
2017	$5,438 +28.9%	$260,000 +25.6%
2015	$4,219 +5%	$207,000 +7%
2014	$4,016 -1.6%	$193,500
2013	$4,082	$193,500