726 Minnesota Ave, South Milwaukee, WI 53172 $700,000

726 Minnesota Ave, South Milwaukee 6 Units $700,000 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 6
  • Unit Type 1 # of Units: 1
  • Unit Type 1 Avg Rent: $675
  • Unit Type 2 # of Units: 3
  • Unit Type 2 Avg Rent: $800
  • Unit Type 3 # of Units: 2
  • Unit Type 3 Avg Rent: $1,200
  • Inside Parking: 5
  • Est. Square Footage: 3,686
  • Est. Year Built: 1915
  • Est. Acreage: 0.21
  • School District: South Milwaukee
  • High School: South Milwaukee
  • County: Milwaukee
  • Property Taxes: $7,899
  • Property Tax Year: 2023
  • Postal Municipality: South Milwaukee
  • MLS#: 1891416
  • Listing Company: Keller Williams Realty-Milwaukee Southwest - 262-599-8980
  • Price/SqFt: $189
  • Zip Code: 53172
  • Concession Offered: Yes

726 Minnesota Ave, South Milwaukee, WI 53172 - 6-unit Apartment building - Cash Cow Alert in up-and-coming South Milwaukee! This property generates over 6k a month in rental income 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. 4 of 6 units updated. All leases are MTM. 1 unit currently vacant (a 2- BR lower unit). 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.

Additional Features
  • Full, Laundry Facilities
  • Heating/Cooling: Electric
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 6 - refrigerators 6 - stoves 2 - coin op washers 2 - coin up dryers
  • Apartment Building
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1891416 Active Sep 11 2024 8:22PM $700,000 25
1836975 Sold ActiveWO Jul 19 2023 12:00AM $506,000 2
1836975 ActiveWO Active Jun 7 2023 12:41PM 2
1836975 Active Jun 5 2023 7:59AM $449,900 2

Estimated Monthly Payment

$3,287 per month
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