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2518 N 1st St, Milwaukee, WI, 53212

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
3,297 SqFt
$182/SqFt
Multi

Location

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2518 N 1st St, Milwaukee$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOutdoor Space, Inside Parking, Outside
Year Built1908
HeatingForced Air, Natural Gas
BasementYes
MLS #1903299
Lot Size0.15 Acres
StatusActive

About 2518 N 1st St

Discover this beautifully maintained 5-unit brick Victorian building offering modern updates and timeless charm. Located in the heart of Harambee, this property features four 1-bedroom, 1-bathroom units, each with a full kitchen, living room, hardwood floors, and an abundance of natural light. The spacious 5th unit boasts 3 BD, 1 BA, kitchen, LR, formal dining room. Recent updates include foundation bracing, fresh paint, new flooring, upgraded cabinets, and newer windows. Additional highlights are a 5-year old roof, upgraded electric service, forced air heating in all units, and convenient coin-operated laundry. The property also provides six off-street parking spaces accessible via alley. With total gross monthly rents of $4,950, this investment is both appealing and profitable.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Living Area: 3,297 SqFt

Listing Office:

  • Office Name: reThought Real Estate
  • Office Phone: (414) 797-6128
  • Listing Agent: Rodolfo Garcia-Garcia

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Outdoor Space, Inside Parking, Outside

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: North Ave to 1st St, north to building

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $5,798
  • 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

$250K

Med. Price/SqFt

$180

# of Sold Homes

484

2518 N 1st St vs Milwaukee

1 DAY ON ROCKET

$599,000

+$348.9K More

$182/SqFt

+$1 More

KEY TAKEAWAY

This property is $348.9K more than the Median Sold Price and $1/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: #1903299

Listing Office:

  • Office Name: reThought Real Estate
  • Office Phone: (414) 797-6128
  • Listing Agent: Rodolfo Garcia-Garcia

© 2025 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: 1/8/2025, 10:25:11 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

Feb 08, 2013Home Sold
$82,000
Feb 26, 2010Home Sold
$75,000
Dec 05, 2005Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,798$251,600
2019$5,798$222,500
2018$5,769$223,000

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-1421185
2
/10

  • Riverwest Elementary School

  • 2765 N Fratney St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-1421186
2
/10

  • Elm Creative Arts Elementary School

  • 900 W Walnut St

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-1421187
2
/10

  • Fratney Elementary School

  • 3255 N Fratney St

  • 1.01 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 $15,278. Residents of Milwaukee, WI typically earn less than $35k each year. Typical family type is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53212›2518 N 1st St

This home is located at 2518 N 1st St in Milwaukee, WI and zip code 53212 in the Northeast neighborhood. This 3,297 square foot home, which was built in 1908, sits on a 0.15 acre lot. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $599,000.

Milwaukee, WI housing market in December 2024 saw over 177 listings sold above listed price, more than 78 sold at listed price and over 229 sold below. The number of listings in Milwaukee, WI decreased by 6.7% between November 2024 and December 2024.

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

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