Excellent investment opportunity in Milwaukee's south side! This three-unit multifamily property is fully occupied, providing immediate cash flow for the next owner with room to increase rents.Each unit has received some updates over time, offering a solid foundation with tenants already in place. While the property has been reasonably maintained, there remains room for value-add opportunities, allowing an investor to further increase rents and overall returns through additional improvements.Whether you're expanding your portfolio or looking for a stable, income-producing asset with growth potential, this is the one not to miss!
Active
Price cut: $4.1K (3/19)
$224,900
2005 South 7th STREET, Milwaukee, WI 53204
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1880
-- sqft lot
$225,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 62 days |
- 653 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 01:09am
Listed by:
Andrew Boisvert PropertyInfo@shorewest.com,
Shorewest Realtors - South Metro
Source: WIREX MLS,MLS#: 1948169
Originating MLS: Metro MLS
Originating MLS: Metro MLSTour with a local agent
Facts & features
Interior
Heating
- Electric, Natural Gas
Features
- Basement: None / Slab
- Has fireplace: No
Video & virtual tour
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 4681111000
- Zoning: RT4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick/Stone, Brick, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milwaukee
- Municipality: Milwaukee
Financial & listing details
- Tax assessed value: $99,100
- Annual tax amount: $3,184
- Date on market: 1/23/2026
Estimated market value
$225,500
$214,000 - $237,000
$1,015/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $224,900-1.8% |
Source:  WIREX MLS #1948169 Report a problem | ||
| 3/12/2026 | Price change | $229,000-4.5% |
Source: WIREX MLS #1948169 Report a problem | ||
| 3/10/2026 | Price change | $239,900-4% |
Source: WIREX MLS #1948169 Report a problem | ||
| 2/25/2026 | Price change | $249,900-3.8% |
Source: WIREX MLS #1948169 Report a problem | ||
| 2/2/2026 | Price change | $259,900-3.7% |
Source: WIREX MLS #1948169 Report a problem | ||
| 1/23/2026 | Listed for sale | $269,900+54.2% |
Source: WIREX MLS #1948169 Report a problem | ||
| 8/27/2021 | Sold | $175,000-7.8% |
Source: WIREX MLS #1745979 Report a problem | ||
| 8/16/2021 | Pending sale | $189,900-5% |
Source: Realty Executives Broker of Record #1745986 Report a problem | ||
| 6/28/2021 | Price change | $199,900-2.4% |
Source:  Metro MLS #1745986 Report a problem | ||
| 6/12/2021 | Price change | $204,900-2.4% |
Source: Metro MLS #1745986 Report a problem | ||
| 5/29/2021 | Price change | $209,900-4.5% |
Source: Realty Executives Broker of Record #1738324 Report a problem | ||
| 5/15/2021 | Price change | $219,900-4.3% |
Source: Realty Executives Broker of Record #1738324 Report a problem | ||
| 5/4/2021 | Listed for sale | $229,900+71.6% |
Source: Realty Executives Broker of Record #1738324 Report a problem | ||
| 3/25/2021 | Sold | $134,000+72.9% |
Source: Agent Provided Report a problem | ||
| 3/30/2020 | Listing removed | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 2/28/2020 | Listed for rent | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 2/6/2015 | Sold | $77,500+3.5% |
Source: Public Record Report a problem | ||
| 12/6/2014 | Listed for sale | $74,900+177.4% |
Source: RE/MAX Lakeside #1397010 Report a problem | ||
| 3/18/2010 | Sold | $27,000-22.9% |
Source: Public Record Report a problem | ||
| 12/23/2009 | Sold | $35,000-53.3% |
Source: Public Record Report a problem | ||
| 4/12/2007 | Sold | $75,000+1775% |
Source: Public Record Report a problem | ||
| 5/25/2004 | Sold | $4,000-96% |
Source: Public Record Report a problem | ||
| 6/24/2003 | Sold | $100,000+217.5% |
Source: Public Record Report a problem | ||
| 5/9/2001 | Sold | $31,500 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $2,174 +20.4% | $91,300 +40.7% |
| 2021 | $1,806 | $64,900 |
| 2020 | $1,806 | $64,900 |
| 2019 | $1,806 +9.4% | $64,900 +9.4% |
| 2018 | $1,652 +9.8% | $59,300 +2.4% |
| 2017 | $1,504 -0.2% | $57,900 +6.2% |
| 2016 | $1,507 +0.5% | $54,500 +5.6% |
| 2015 | $1,499 | $51,600 -23.8% |
| 2014 | $1,499 | $67,700 -9.7% |
| 2012 | -- | $75,000 -18% |
| 2011 | -- | $91,500 |
| 2010 | $2,702 -64% | $91,500 -9.9% |
| 2009 | $7,500 | $101,600 -7% |
| 2008 | -- | $109,200 +5.1% |
| 2007 | -- | $103,900 |
| 2006 | -- | $103,900 |
| 2005 | -- | $103,900 +45.3% |
| 2004 | -- | $71,500 +26.3% |
| 2003 | -- | $56,600 +14.8% |
| 2002 | -- | $49,300 +11.3% |
| 2001 | $3,808 +10.2% | $44,300 |
| 2000 | $3,456 +38.6% | $44,300 +12.2% |
| 1999 | $2,493 | $39,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,480/mo
Principal & interest
$1160
Property taxes
$320
More affordability tools
Climate risks
Neighborhood: Historic Mitchell Street
Nearby schools
GreatSchools rating
- 4/10Hayes Bilingual SchoolGrades: PK-8Distance: 0.2 mi
- 3/10South Division High SchoolGrades: 9-12Distance: 0.6 mi
- 2/10Forest Home Avenue SchoolGrades: PK-5Distance: 0.6 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.
Local experts in 53204
- Wisconsin
- Milwaukee County
- Milwaukee
- 53204
- Historic Mitchell Street
- 2005 South 7th STREET
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