FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.
Closed
$700,000
726 Minnesota AVENUE, South Milwaukee, WI 53172
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1915
-- sqft lot
$524,200 Zestimate®
$--/sqft
$1,281 Estimated rent
Home value
$524,200
$456,000 - $592,000
$1,281/mo
Zestimate® history
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$1,281/mo
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$1,281/mo
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$3,957/mo
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Zillow last checked:
Listing updated:
Listed by:
Christopher Gebert 262-599-8980,
Keller Williams Realty-Milwaukee Southwest
Bought with:
David J Cajka
Source: WIREX MLS,MLS#: 1891416
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Electric
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 9,147 sqft
Details
- Parcel number: 7719986000
- Zoning: Commercial
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: South Milwaukee
- Municipality: South Milwaukee
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2025 | Listing removed | $130 |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Listed for rent | $130 |
Source: Zillow Rentals Report a problem | ||
| 1/15/2025 | Sold | $700,000 |
Source:  WIREX MLS #1891416 Report a problem | ||
| 11/26/2024 | Contingent | $700,000 |
Source: WIREX MLS #1891416 Report a problem | ||
| 9/12/2024 | Listed for sale | $700,000+38.3% |
Source: WIREX MLS #1891416 Report a problem | ||
| 7/19/2023 | Sold | $506,000+12.5% |
Source: WIREX MLS #1836975 Report a problem | ||
| 6/7/2023 | Contingent | $449,900 |
Source: WIREX MLS #1836975 Report a problem | ||
| 6/5/2023 | Listed for sale | $449,900+45.1% |
Source: WIREX MLS #1836975 Report a problem | ||
| 11/29/2007 | Sold | $310,000 |
Source: Public Record Report a problem | ||
| 7/8/2005 | Sold | $310,000+67.6% |
Source: Public Record Report a problem | ||
| 1/22/2004 | Sold | $185,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,211 +1.1% | $366,900 |
| 2023 | $7,136 +2.6% | $366,900 +45.6% |
| 2022 | $6,957 -7.1% | $252,000 |
| 2021 | $7,485 | $252,000 |
| 2020 | $7,485 +1.2% | $252,000 |
| 2019 | $7,393 +3.1% | $252,000 |
| 2018 | $7,171 +1.4% | $252,000 |
| 2017 | $7,072 +3% | $252,000 |
| 2016 | $6,868 +8.1% | $252,000 |
| 2015 | $6,354 +2.5% | $252,000 |
| 2014 | $6,202 | $252,000 |
Find assessor info on the county website
Neighborhood: 53172
Nearby schools
GreatSchools rating
- 8/10Luther Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10South Milwaukee Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10South Milwaukee High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Middle: South Milwaukee
- High: South Milwaukee
- District: South 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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Estimated market value
$524,200
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
$524,200
- Wisconsin
- Milwaukee County
- South Milwaukee
- 53172
- 726 Minnesota AVENUE
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