Bought with Stephanie M Castaneda Coldwell Banker HomeSale Realty - Greenfield
$222,500
$249,900
11.0%For more information regarding the value of a property, please contact us for a free consultation.
743 S 24th St Milwaukee, WI 53204
2,326 SqFt
Key Details
Sold Price $222,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $95
MLS Listing ID 1955598
Sold Date 05/19/26
Acres 0.12
Property Sub-Type Multi-Family
Property Description
Turnkey 3-unit multifamily in Milwaukee's south side featuring classic Lannon stone construction and strong cash flow potential. This fully occupied triplex offers three 2BR/1BA units totaling ~2,326 sq ft, plus a detached 3-car garage. Extensive 2023 renovations (~$112K) include LVP flooring, updated kitchens and baths, new lighting, fresh paint, and electric baseboard heat throughout. Tenants pay utilities, providing efficient operations. Current rents total $2,810/month with upside and flexible lease expirations for owner-occupants. Stabilized pro forma NOI ~$14K+. Convenient location near downtown, schools, and transit. Ideal for investors or house hackers seeking value-add and steady income. Perfectly located in the sought-after Mitchell Park neighborhood, just minutes from the HWY.
Location
State WI
County Milwaukee
Zoning RT4
Direction W National Ave to S 24th St. North to Property. Property is on West side of street.
Rooms
Basement Block, Full
Exterior
Parking Features Near Public Transit, Indoor Space, Outdoor Space
Waterfront Description Pond
Exclusions Tenant's Personal Property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Vinyl,Wood,Stone
Schools
School District Milwaukee
Others
Tax ID 4340810000
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