2 months on rocket

1331 N Dr Martin Luther King Jr Dr, Milwaukee, WI, 53212

$1,995,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 2 Partial
8,000 SqFt
$249/SqFt
House

Location

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1331 N Dr Martin Luther King Jr Dr, Milwaukee$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOpener Included, Heated, Attached, 4 Car, 1 Space
Attached Garage4 spaces
Year Built1895
HeatingNatural Gas
CoolingCentral Air, Wall/Window Unit(s)
MLS #1893885
Lot Size0.09 Acres
StatusActive

About 1331 N Dr Martin Luther King Jr Dr

Location is everything and this beautiful, historic mixed-use building is in one of the best locations in the city. Easy freeway access & blocks from the Deer District, Fiserv Forum, new MKE Public Museum & The Trade hotel, this is a great opportunity/investment to live-work-play in downtown Milwaukee. The 1st floor is perfectly set up for office/workspace including a loft area and a conference room separated by a modern garage door. Take the stairs or industrial elevator to the 2nd floor where you'll find a luxe 1-bedroom apartment with pine flooring, maple cabinetry, exposed Cream City brick & outdoor terrace, plus huge garage and ample storage big enough to fit multiple vans. Must see to truly appreciate. Seller is also offering lucrative cleaning business for a possible sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1895
  • Stories: 2
  • Living Area: 8,000 SqFt

Listing Office:

  • Office Name: Mahler Sotheby's International Realty
  • Office Phone: (414) 964-2000
  • Listing Agent: Lisa Ashley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Wood
  • Interior: Cable/Satellite Available, High Speed Internet, Security System, Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Opener Included, Heated, Attached, 4 Car, 1 Space

Virtual/3D Tour

  • Virtual Tour: 1331 N Dr Martin Luther King Jr Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: McKinley Blvd. to Martin Luther King Jr. Drive north one block.

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $15,770
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milwaukee, WI.

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Milwaukee, WI

City

Med. Sold Price

$249.9K

Med. Price/SqFt

$178

Avg. Days On Market

13

# of Sold Homes

434

1331 N Dr Martin Luther King Jr Dr vs Milwaukee

87 DAYS ON ROCKET

+74 Days

$1,995,000

+$1.7M More

$249/SqFt

+$70 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $70/SqFt more than other homes in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1893885

Listing Office:

  • Office Name: Mahler Sotheby's International Realty
  • Office Phone: (414) 964-2000
  • Listing Agent: Lisa Ashley

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 22, 2021Home Sold
$820,000
May 05, 2010Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$15,770$525,000
2019$15,769$525,000
2018$13,769$475,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1273005
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-1273006
4
/10

  • Siefert Elementary School

  • 1547 N 14th St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-1273007
1
/10

  • Brown Street Academy

  • 2029 N 20th St

  • 1.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,153. Most Milwaukee, WI residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1331 N Dr Martin Luther King Jr Dr

What is the listing price of this property?

The listing price of 1331 N Dr Martin Luther King Jr Dr property is $1,995,000.

What type of property is this?

The property 1331 N Dr Martin Luther King Jr Dr is a house located in Milwaukee, Wisconsin, 53212.

Is this property for sale now?

Active Listing: 1331 N Dr Martin Luther King Jr Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,770 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 22, 2021 for $820,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1331 N Dr Martin Luther King Jr Dr has 2 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 1331 N Dr Martin Luther King Jr Dr is 8,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1331 N Dr Martin Luther King Jr Dr is 1895.

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53212›1331 N Dr Martin Luther King Jr Dr

This home is located at 1331 N Dr Martin Luther King Jr Dr in Milwaukee, WI and zip code 53212 in the Haymarket neighborhood. This 8,000 square foot home, which was built in 1895, sits on a 0.09 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $1,995,000.

Over 203 listings were sold over their listed price in November 2024 in Milwaukee, WI. In the same period over 167 listings were sold below the listed price and 64 listings were sold for the listed price. The inventory of homes for sale in Milwaukee, WI between October 2024 and November 2024 decreased by 0.1%. In November 2024 median list price was $249,907 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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