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. 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 1963675 and may consider a package deal.
Contingent
Price cut: $10K (6/12)
$389,900
6407 N 54th STREET, Milwaukee, WI 53223
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1960
-- sqft lot
$389,300 Zestimate®
$--/sqft
$-- HOA
What's special
Large clean basementPlenty of parkingSump pumpClean common areasAmple storage space
- 47 days |
- 56 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Melina Cortes 414-699-0910,
Premier Point Realty LLC
Source: WIREX MLS,MLS#: 1963676
Originating MLS: Metro MLS
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 1399740200
- 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 & Tenant's Personal Property.
Estimated market value
$389,300
$370,000 - $409,000
$1,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Contingent | $389,900 |
Source: | ||
| 6/12/2026 | Price change | $389,900-2.5% |
Source: | ||
| 5/22/2026 | Listed for sale | $399,900+353.6% |
Source: | ||
| 3/14/2012 | Sold | $88,158-32.2% |
Source: Public Record Report a problem | ||
| 6/11/2008 | Sold | $130,000-45.6% |
Source: Public Record Report a problem | ||
| 2/17/2006 | 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 +5.5% | $129,600 -0.3% |
| 2017 | $3,421 -5% | $130,000 -5.7% |
| 2016 | $3,602 -10.2% | $137,900 +10% |
| 2015 | $4,011 | $125,400 |
| 2014 | $4,011 | $125,400 -12.6% |
| 2012 | -- | $143,500 -10% |
| 2011 | -- | $159,500 |
| 2010 | $7,224 +7% | $159,500 -8% |
| 2009 | $6,751 | $173,300 -4% |
| 2008 | -- | $180,600 |
| 2007 | -- | $180,600 |
| 2006 | -- | $180,600 |
| 2005 | -- | $180,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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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Climate risks
Neighborhood: Graceland
Nearby schools
GreatSchools rating
- 3/10Barton Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Craig Montessori SchoolGrades: PK-8Distance: 3 mi
- 5/10Rufus King International High SchoolGrades: 9-12Distance: 3.7 mi
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.
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A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Milwaukee County
- Milwaukee
- 53223
- Graceland
- 6407 N 54th STREET






