5405 W Lincoln Ave, West Allis, WI 53219 Sold for $510,000 on 05/12/2025

5405 W Lincoln Ave, West Allis 4 Units $510,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 4
  • Unit Type 1 # of Units: 1
  • Unit Type 1 Avg Rent: $710
  • Unit Type 2 # of Units: 1
  • Unit Type 2 Avg Rent: $750
  • Unit Type 3 # of Units: 1
  • Unit Type 3 Avg Rent: $720
  • Unit Type 4 # of Units: 1
  • Unit Type 4 Avg Rent: $705
  • Outside Parking: 5
  • Est. Square Footage: 3,740
  • Est. Year Built: 1950
  • School District: West Allis-West Milwaukee
  • County: Milwaukee
  • Postal Municipality: West Allis
  • MLS#: 1912796
  • Listing Company: BOLD REALTY
  • Price/SqFt: $133
  • Zip Code: 53219

5405 W Lincoln Ave, West Allis, WI 53219 - Welcome to 5405 W Lincoln Ave in West Allis! This well-maintained 4-unit multi-family building offers a great investment opportunity. The property features four spacious 2-bedroom, 1-bath units, each with eat-in kitchens, dining rooms, and individual furnaces. Units are currently rented all rented with plenty of room to increase rents. The building has been recently updated with a new roof and gutters. Parking is also available with 5 off-street spots. Situated on a 0.16-acre lot, the building is close to local amenities. Tenants cover their own gas and electricity, while the owner pays for water, sewer, and common area electricity. This property is a great opportunity to start or expand your investment portfolio!

Additional Features
  • Block, Full
  • Heating/Cooling: Forced Air, Indiv. Heating Units, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 4 ovens/ranges, 4 refrigerators, snow blower, 2 dehumidifiers, lawn mower, extra water heater if old water heater doesn't fail before closing.
  • Apartment Building
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1912796 Sold ActiveWO May 12 2025 12:00AM $510,000 4
1912796 Sold ActiveWO May 12 2025 12:00AM $510,000 4
1912796 ActiveWO Active Apr 14 2025 2:56PM 4
1912796 Active Delayed Apr 10 2025 2:17AM 4
1912796 Delayed Apr 7 2025 5:44PM $500,000 4

    Estimated Monthly Payment

    $3,287 per month
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    The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
    REALTOR *MLS* Equal Housing Opportunity

    Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
    All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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