2 months on rocket

726 Minnesota Ave, South Milwaukee, WI, 53172

$700,000

Home List Price

$8,313*

Closing Credit

0 Baths
3,686 SqFt
$190/SqFt
Multi

Location

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726 Minnesota Ave, South Milwaukee$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingIndoor Space, Inside Parking, Outside
Year Built1915
HeatingElectric
BasementYes
MLS #1891416
Lot Size0.21 Acres
StatusActive

About 726 Minnesota Ave

FULLY RENTED 6-unit Apartment building - Cash Cow Alert! in up-and-coming South Milwaukee! This property generates over $6275 a month and $75,300 gross rents yearly with ROOM FOR GROWTH! Well maintained and ready for market with brand new vinyl siding and a 20-yr roof both with transferrable warranty. Detached Block 5 stall garage is individually rented for additional income. Property consists of (1) - Studio apt, (3) - 1 BR apt and (2) - 2 BR apt. Units updated. All leases are MTM. Tenants pay water. Full basement with coin op laundry - all units have private storage. Large side yard. A great property in a great location just walking distance from Grant Park and the lakefront. You have to check this one out.

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Living Area: 3,686 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Milwaukee Southwest
  • Office Phone: (262) 599-8980
  • Listing Agent: Christopher Gebert

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Water Heater
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Indoor Space, Inside Parking, Outside

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: Located at the corner of Minnesota Ave and Eighth St

Municipality:

  • South Milwaukee

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $190/SqFt

Tax Information:

  • Annual Amount: $7,485
  • Tax Year: 2020
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Housing Market Comparison

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

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South Milwaukee, WI

City

Med. Sold Price

$265K

Med. Price/SqFt

$181

# of Sold Homes

12

726 Minnesota Ave vs South Milwaukee

63 DAYS ON ROCKET

$700,000

+$435K More

$190/SqFt

+$9 More

KEY TAKEAWAY

This property is $435K more than the Median Sold Price and $9/SqFt more than other homes in South Milwaukee, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1891416

Listing Office:

  • Office Name: Keller Williams Realty-Milwaukee Southwest
  • Office Phone: (262) 599-8980
  • Listing Agent: Christopher Gebert

© 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: 11/14/2024, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 29, 2007Home Sold
$310,000
Jul 08, 2005Home Sold
$310,000
Jan 22, 2004Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,485$252,000
2019$7,411$252,000
2018$7,174$252,000

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-77238
7
/10

  • Luther Elementary School

  • 718 Hawthorne Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-77239
4
/10

  • Lakeview Elementary School

  • 711 Marion Ave

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-77240
5
/10

  • Rawson Elementary School

  • 1410 Rawson Ave

  • 0.82 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 $39,113. The most common annual income of people living in South Milwaukee, WI is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Milwaukee County›South Milwaukee›53172›726 Minnesota Ave

This home is located at 726 Minnesota Ave in South Milwaukee, WI and zip code 53172. This 3,686 square foot home, which was built in 1915, sits on a 0.21 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $700,000.

In October 2024 more than 7 listings in South Milwaukee, WI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in South Milwaukee, WI decreased by 18.9% between September 2024 and October 2024.

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

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