2 months on rocket

2992 S Clement Ave, Milwaukee, WI, 53207

$874,900

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2992 S Clement Ave, Milwaukee$874,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOutdoor Space, Inside Parking, Outside
Year Built1897
HeatingHot Water, Steam
BasementYes
MLS #1890115
Lot Size0.15 Acres
StatusActive

About 2992 S Clement Ave

INCREDIBLE BAY VIEW LOCATION with this Super Rare 5-Unit Property - Now Available! This Building Offers (3) 2 BR Units, (1) 1 BR Unit & (1) Studio Unit - Formerly a Barber Shop! Tons of Character, Charm & Great Updates Throughout this Turnkey Property. All 5 Units are Currently Being Rented via AirBNB - mainly longer-term bookings. 2023 AirBNB Income Nearly hit 100K, with 2024 YTD thru Oct at 79K Per Seller. Recent Improvements Include: New Roof, New Boiler, New Windows in 4 of 5 Units, Multiple Unit Renovations & More. So Many Investment Options with this Building - Keep the AirBNB bookings going, or Rent the Units to Long-Term Tenants...? Such a Great Location - Across the Street from Tenutas, Close to the Lake & So Much of What Makes Bay View such a Wonderful Neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1897

Listing Office:

  • Office Name: Keller Williams Realty-Milwaukee North Shore
  • Office Email: joanread@kw.com
  • Listing Agent: Nicholas Fetting

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Water Heater
  • 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: Hot Water, Steam

Other

Directions Information:

  • Directions: Oklahoma AVE to S Clement AVE. North on S Clement AVE to Property.

Municipality:

  • Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $874,900

Tax Information:

  • Annual Amount: $9,083
  • 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

$245.5K

Med. Price/SqFt

$176

# of Sold Homes

480

2992 S Clement Ave vs Milwaukee

80 DAYS ON ROCKET

$874,900

+$629.3K More

KEY TAKEAWAY

This property is $629.3K more than the Median Sold Price in Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1890115

Listing Office:

  • Office Name: Keller Williams Realty-Milwaukee North Shore
  • Office Email: joanread@kw.com
  • Listing Agent: Nicholas Fetting

© 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: 11/21/2024, 8:20:51 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

Sep 20, 2016Home Sold
$407,500

Tax History

YEARPROP. TAXASSESSMENT
2020$9,083$377,900
2019$9,082$348,500
2018$8,644$324,000

History based on county public records data.

Payment Calculator

$4,434

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,689

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NMLS#3030

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-413194
2
/10

  • Riley Elementary School

  • 2424 S 4th St

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-413195
2
/10

  • Zablocki Elementary School

  • 1016 W Oklahoma Ave

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-413196
7
/10

  • Willow Glen Primary School

  • 2600 E Bolivar Ave

  • 1.75 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,890. The majority of Milwaukee, WI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Milwaukee County›Milwaukee›53207›2992 S Clement Ave

This home is located at 2992 S Clement Ave in Milwaukee, WI and zip code 53207 in the Southeast neighborhood. This home, which was built in 1897, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $874,900.

Over 241 listings were sold over their listed price in October 2024 in Milwaukee, WI. In the same period over 170 listings were sold below the listed price and 69 listings were sold for the listed price. The number of homes for sale in Milwaukee, WI increased by 11.5% between September 2024 and October 2024.

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

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