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Off market
  • $257,700

    2375 S 16th St, Milwaukee, WI 53215

    1beds
    450sqft
    MultiFamily
    Built in 1903
    -- sqft lot
    $257,700 Zestimate®
    $573/sqft
    $1,008 Estimated rent

    Home value

    $257,700

    $214,000 - $309,000

    $1,008/mo

    Zestimate® history
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    Owner options

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    $1,008/mo

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    $1,008/mo

    Rent Zestimate®

    Refinance and save

    $1,457/mo

    Est. payment

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    $1,457/mo

    Est. payment

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    What's special

    REDUCED! Collect $2,600/month OR MORE on this 5-Unit Property in Milwaukee, WI! ** Seller Financing! ** • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 5 income-producing units! PRICED TO MOVE QUICKLY: $140,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? Pro Forma Cap Rate 13.5% ? Cash on cash return 27.1% ? 5 year ROI 59.2% ? Stable Property in hot rental area ? No repairs needed ? New roof on both buildings ? Priced to MOVE ? Great Community ? Fully occupied ? Great unit mix ? Perfect multifamily deal ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 414-982-1250 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 414-982-1250 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air
    Appliances
    • Included: Washer
    Features
    • Basement: Partially finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 450 sqft

    Property

    Parking
    • Parking features: Off-street
    Lot
    • Size: 4,800 sqft
    Details
    • Parcel number: 4960021000

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1903

    Community & neighborhood

    Location
    • Region: Milwaukee

    Price history

    DateEventPrice
    1/17/2020Sold$53,000-47%$118/sqft
    Source: Public Record Report a problem
    8/16/2016Sold$100,000+18.3%$222/sqft
    Source: Public Record Report a problem
    1/27/1999Sold$84,500$188/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2022$4,414 +51.4%$185,400 +76.9%
    2021$2,917 $104,800
    2020$2,917 $104,800

    Find assessor info on the county website

    Neighborhood: Forest Home Hills

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.