Active

Price cut: $20K (4/9)

$229,900

1940 South 57th STREET, West Allis, WI 53219

4beds

--sqft

Est.:

Multi Family, Duplex

Built in 1918

-- sqft lot

$232,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Fully occupied duplex offering strong, consistent rental income with each unit leased at $1,050 per month. Each unit features 2 bedrooms and 1 bathroom, providing a desirable and functional layout for tenants. Property also includes a 2-car detached garage for added value and tenant convenience. Located in a convenient West Allis neighborhood near Wisconsin State Fair Park, Greenfield Park, and the vibrant West Allis Farmers Market. Easy access to Interstate 94, Highway 100, and nearby amenities including Aurora West Allis Medical Center, plus shopping, dining, and entertainment along National Ave. Solid opportunity for investors seeking immediate cash flow with flexibility for future rent adjustments.

27 days

3,606

125

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Basement: Full
Has fireplace: No

Interior area

Living area range: Not Available Square Feet

Property

Parking

Total spaces: 2
Parking features: Detached, 2 Car, 1 Space
Garage spaces: 2

Features

Levels: Two
Stories: 2

Lot

Size: 5,227.2 Square Feet

Details

Parcel number: 4740087000
Zoning: RB

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Aluminum/Steel, Aluminum Siding, Other

Condition

21+ Years
New construction: No
Year built: 1918

Utilities & green energy

Electric: 2 Electric Meters
Sewer: Public Sewer
Water: Public
Utilities for property: 2 Electric Meters, 2 Gas Meters

Community & HOA

Location

Region: Milwaukee
Municipality: West Allis

Financial & listing details

Tax assessed value: $152,100
Annual tax amount: $4,643
Date on market: 3/18/2026
Inclusions: Any Items Left By The Seller At The Property Upon Closing.
Exclusions: Seller's And Tenants' Personal Items.

Estimated market value

$232,000

$220,000 - $244,000

$1,455/mo

Price history

Date	Event	Price
4/9/2026	Price change	$229,900-8%
Source: WIREX MLS #1954281 Report a problem
3/18/2026	Listed for sale	$249,900+67.7%
Source: WIREX MLS #1954281 Report a problem
7/2/2021	Sold	$149,000+14.6%
Source: Public Record Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
1/20/2020	Listing removed	$800
Source: Owner Report a problem
1/15/2020	Listed for rent	$800+34.5%
Source: Owner Report a problem
10/28/2019	Sold	$130,000+18.3%
Source: Public Record Report a problem
6/18/2018	Sold	$109,900-22.6%
Source: Public Record Report a problem
7/14/2015	Listing removed	$595
Source: MPI Property Management, LLC Report a problem
7/9/2015	Listed for rent	$595+3.5%
Source: MPI Property Management, LLC Report a problem
11/5/2014	Listing removed	$575
Source: MPI Property Management LLC Report a problem
10/9/2014	Listed for rent	$575+5.5%
Source: MPI Property Management LLC Report a problem
8/6/2014	Listing removed	$545
Source: MPI Property Management LLC Report a problem
8/1/2014	Listed for rent	$545-0.9%
Source: MPI Property Management LLC Report a problem
4/8/2014	Listing removed	$550
Source: MPI Property Management LLC Report a problem
1/17/2014	Listed for rent	$550
Source: MPI Property Management LLC Report a problem
3/24/2004	Sold	$142,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2022	$3,431 -8.1%	$125,800
2021	$3,731	$125,800
2020	$3,731 +2.4%	$125,800
2019	$3,644 -13.5%	$125,800 -12.2%
2018	$4,211 +5.9%	$143,200
2017	$3,975 +3.3%	$143,200
2016	$3,847 +0.5%	$143,200
2015	$3,829 +0.1%	$143,200
2014	$3,826	$143,200 +1.3%
2004	--	$141,400