Excellent brick duplex investment opportunity with strong cash flow and upside in a convenient Milwaukee location. This well-maintained property offers a total of 6 bedrooms, 3 full bathrooms, and 2 additional half bathrooms, providing flexible layouts and strong tenant appeal. Both main units are currently rented at $1,450 per month each, generating $2,900 in immediate monthly income. The property also features a finished basement area with potential for an additional studio rental, estimated at $650 per month, bringing total projected monthly income to $3,550. Property is being sold in ''AS IS'' condition. Garage siding and roof have a hole
Active
Price increase: $20K (3/13)
$245,000
2944 North 48th STREET, Milwaukee, WI 53210
6beds
--sqft
Est.:
Multi Family, Duplex
Built in 1927
-- sqft lot
$242,100 Zestimate®
$--/sqft
$-- HOA
What's special
Finished basement areaBrick duplexFlexible layouts
- 52 days |
- 806 |
- 43 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 12:31am
Listed by:
Leslie Boyea,
Quorum Enterprises, Inc.
Source: WIREX MLS,MLS#: 1950400
Originating MLS: Metro MLS
Originating MLS: Metro MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Detached, No Garage, 2 Car
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 3070476000
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1927
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: Milwaukee
Financial & listing details
- Tax assessed value: $127,600
- Annual tax amount: $3,347
- Date on market: 2/13/2026
Estimated market value
$242,100
$230,000 - $254,000
$1,361/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Price change | $245,000+8.9% |
Source:  WIREX MLS #1950400 Report a problem | ||
| 2/13/2026 | Listed for sale | $225,000+47.5% |
Source: WIREX MLS #1950400 Report a problem | ||
| 3/6/2024 | Sold | $152,500+543.5% |
Source: Public Record Report a problem | ||
| 3/12/2012 | Sold | $23,700 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $2,800 +0.8% | $117,600 +17.8% |
| 2021 | $2,777 | $99,800 |
| 2020 | $2,777 | $99,800 |
| 2019 | $2,777 +36.2% | $99,800 +36.3% |
| 2018 | $2,039 -39.4% | $73,200 +13% |
| 2017 | $3,365 -11.9% | $64,800 -0.2% |
| 2016 | $3,820 | $64,900 -5% |
| 2015 | -- | $68,300 -10% |
| 2014 | -- | $75,900 -14.4% |
| 2012 | -- | $88,700 -20% |
| 2011 | -- | $110,900 |
| 2010 | $2,873 -39.5% | $110,900 |
| 2009 | $4,747 | $110,900 -26.5% |
| 2008 | -- | $150,900 |
| 2007 | -- | $150,900 |
| 2006 | -- | $150,900 |
| 2005 | -- | $150,900 +20.6% |
| 2004 | -- | $125,100 +36.6% |
| 2003 | -- | $91,600 +8.7% |
| 2002 | -- | $84,300 +18.4% |
| 2001 | $3,228 +61.9% | $71,200 |
| 2000 | $1,994 -32.4% | $71,200 +13.2% |
| 1999 | $2,948 | $62,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,628/mo
Principal & interest
$1279
Property taxes
$349
More affordability tools
Climate risks
Neighborhood: Saint Joseph
Nearby schools
GreatSchools rating
- 3/10Sherman ElementaryGrades: PK-8Distance: 0.2 mi
- 4/10Washington High School of Information TechnologyGrades: 9-12Distance: 0.6 mi
- 5/10Milwaukee French Immersion SchoolGrades: PK-5Distance: 0.8 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 53210
- Wisconsin
- Milwaukee County
- Milwaukee
- 53210
- Saint Joseph
- 2944 North 48th STREET
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